345 Main StNew City, NY 10956

Property Details for 345 Main St

Year built

1965

Lot size

3.00 AC

Property size (Sq ft)

5,548 SF

Zone code

LO

Property type

Office buildings

APN

392089 34.19-1-6

APU

392089341916

Description

This exceptional commercial office space, located at 345 N Main St, New City, NY 10956, offers 1,649 square feet of vacant space within a larger 30,019 square foot building. Built in 2007 and renovated in 2008, the property boasts a desirable location next to a park and near numerous shops and restaurants. The space is zoned LO and features a flexible layout ideal for customization. Two units are available, ranging from 1,618 to 2,069 square feet. The building offers abundant natural light through expansive windows. This presents a unique opportunity to create a workspace tailored to your specific business needs and aesthetic preferences, whether modern or inviting. The proportionate share of the building is 31.25%. This is a rare chance to establish your business in a vibrant and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $917,250

  6.5%

  $846,692

  7%

  $786,214

• Comparable approach

  Method

  Valuation

  Relative Method

  $724,902

  Geo Method

  $724,902

• Alternative Use

  Use

  Valuation

  Residential

  $1,049,899

  Hospitality

  $961,702

  Educational

  $800,124

  Medical

  $827,642

  Retail

  $1,244,638

Location Insight

City

New City

County

Rockland

State

New York

Latitude

41.1673

Longitude

-73.989

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

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