92-94 Main StNyack, NY 10960
- Mixed-use properties
- 13,734 SF
Property Details for 92-94 Main St
- Year built
- 1900
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 13,734 SF
- Zone code
- C-1
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 392403 66.38-1-24
- APU
- 3924036638124
Description
This exceptional 5,535 square foot commercial space, located at 92-94 Main Street in the heart of Nyack's vibrant village, presents a remarkable lease opportunity. Currently configured as a restaurant, this single-tenant property boasts a fully equipped kitchen featuring a substantial 34-foot hood, ideal for high-volume operations. A large, 75-foot poured concrete bar and a dedicated staging area offer versatility for various uses, including live entertainment. The open layout is enhanced by soaring 13.3-foot ceilings throughout the first floor, creating an airy atmosphere easily adaptable to diverse commercial concepts, from retail to hospitality. The building is fully equipped with a sprinkler system and central air conditioning, supplemented by three additional split units for optimal climate control. Gas fuel and ample utilities are readily available, ensuring a turnkey operation ready for immediate occupancy. Benefit from excellent visibility and high foot traffic in this prime location, surrounded by thriving shops, restaurants, and cultural attractions, attracting both locals and tourists. This well-maintained property offers an unparalleled chance to establish a successful business in one of Nyack's most desirable areas.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,270,640
- 6.5%
- $2,095,976
- 7%
- $1,946,263
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,794,484
- Geo Method
- $1,794,484
-
Alternative Use
- Use
- Valuation
- Residential
- $2,599,010
- Hospitality
- $2,380,679
- Educational
- $1,980,697
- Medical
- $2,048,816
- Retail
- $3,081,084
Location Insight
- City
- Nyack
- County
- Rockland
- State
- New York
- Latitude
- 41.0914
- Longitude
- -73.9191
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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