500 Highland AveNyack, NY 10960

Property Details for 500 Highland Ave

Year built

1955

Lot size

1.88 AC

Property size (Sq ft)

2,544 SF

Property type

Other commercial real estate

APN

392001 59.12-2-4

APU

392001591224

Description

This exceptional Class A warehouse, located at 500 N Highland Ave in Nyack, New York, presents a compelling redevelopment opportunity. Boasting 2,700 square feet of space on a generous 1.8-acre lot, this property is zoned OB and offers significant potential for various uses. The building underwent a complete renovation in 2022, ensuring modern functionality and efficiency. Currently vacant, this presents a blank canvas for an investor seeking to capitalize on a prime location in Rockland County. The asking price is $2,000,000, translating to $740.74 per square foot. The property's industrial classification, combined with its substantial land area, makes it ideal for a range of projects. The triple net (NNN) lease type offers a straightforward ownership structure. Its strategic location in Nyack, NY, zip code 10960, provides easy access to major transportation routes and a thriving local market. This is a rare chance to acquire a fully renovated, vacant warehouse in a desirable area, ready for immediate development or lease. The property's size and zoning provide flexibility for a variety of commercial ventures. Don't miss this chance to secure a valuable asset in a rapidly growing market.

• Alternative Use

  Use

  Valuation

  Residential

  $481,424

  Hospitality

  $440,982

  Educational

  $366,892

  Medical

  $379,510

  Retail

  $570,721

Location Insight

City

Nyack

County

Rockland

State

New York

Latitude

41.1098

Longitude

-73.9277

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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