For Sale
$1,150,000

37 Route 59 Nyack, NY 10960

High-Cap Retail Storefront in Prime Nyack Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 9,200 square foot retail storefront, located at 37 Route 59 East in Nyack, New York, presents a lucrative investment opportunity. Offered at $1,150,000 with an attractive 8.50% cap rate, this property sits on a ground lease and is ideally situated in a densely populated area with a strong residential base. The building benefits from its location on a busy state route, experiencing approximately 25,400 vehicles per day, ensuring high visibility and foot traffic. Its proximity to key attractions such as Nyack Hospital and downtown Nyack further enhances its appeal. Convenient access to the NY Thruway and the Mario Cuomo Bridge provides excellent connectivity for both customers and employees. This premium retail location is available immediately, making it an exceptional opportunity for investors seeking a high-return, established retail space in a thriving market. The property's substantial size and prime location within Rockland County, NY (zip code 10960), make it an ideal investment for a variety of retail businesses. The high volume of traffic and proximity to residential areas guarantee a consistent flow of potential customers. Don't miss this chance to acquire a well-positioned retail asset in a desirable New York location.

Highlights

  • High-demand retail space, immediately available.
  • Strong multifamily residential population nearby.
  • High-density population market.
  • High-traffic location on a busy state route with 25,400 vehicles per day.
  • Proximity to Nyack Hospital and downtown Nyack.
  • Easy access to the NY Thruway and Mario Cuomo Bridge.

Property Details for 37 Route 59

Property type
Retail properties, Retail space
Square Feet
9,200 SF

Location Insight

City
Nyack
County
Rockland
State
New York
Latitude
41.0930255
Longitude
-73.9341911

FAQs

What type of property is this?
Retail property - High-Cap Retail Storefront in Prime Nyack Location
Where is the retail property located?
The property is located at 37 Route 59 Nyack, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High-demand retail space, immediately available.; Strong multifamily residential population nearby.; High-density population market.
How can I contact the broker?
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37 Route 59
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