196 Ramapo RdWest Haverstraw, NY 10923

Property Details for 196 Ramapo Rd

Year built

1979

Lot size

0.47 AC

Property size (Sq ft)

1,885 SF

Zone code

361

Property type

Office buildings

APN

392203 26.11-1-3

APU

392203261113

Description

This 1,885 square foot office building at 196 Ramapo Rd, West Haverstraw, NY 10923, is offered for sale at $499,000 ($264.72/SF). Built in 1998, this single-story building sits on a 0.47-acre lot and is zoned R3, permitting multi-family use. However, the property's history includes use as medical offices. The building currently presents as a shell space, allowing for complete customization to suit a variety of uses. Twenty parking spaces are available on-site, providing ample parking for staff and clients. Its prime location offers high visibility and excellent access, making it particularly well-suited for medical practices, including urgent care facilities, given the thriving local community and high demand for healthcare services. Detailed plans are available upon request. This represents a unique opportunity to acquire a versatile commercial property in a desirable location. The property's high visibility and ample parking make it an attractive option for a variety of businesses seeking a prominent presence in a busy area.

• CAP approach

  CAP return

  Valuation

  6%

  $343,697

  6.5%

  $317,258

  7%

  $294,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $246,625

  Geo Method

  $246,294

• Alternative Use

  Use

  Valuation

  Residential

  $393,400

  Hospitality

  $360,353

  Educational

  $299,809

  Medical

  $310,120

  Retail

  $466,370

Location Insight

City

Garnerville

County

Rockland

State

New York

Latitude

41.2007

Longitude

-73.9873

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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