132 Main StNyack, NY 10960

For Sale
$1,190,000 View listing
  • Investment properties
  • 1,442 SF

Property Details for 132 Main St

Year built
2019
Lot size
0.02 AC
Property size (Sq ft)
1,442 SF
Zone code
C-1
Property type
Investment properties
Property subtype
Live-work space
APN
392403 66.38-1-5
APU
392403663815

Description

This exceptional investment property, located at 132 Main St Unit A, Nyack, NY, presents a rare opportunity to acquire a thriving commercial space with significant upside potential. The 5,841 square foot building sits on a 0.06-acre lot in the heart of Nyack and boasts a prime location. The main retail space, a fully renovated restaurant, underwent a complete transformation in 2020. This includes a brand-new heating and air conditioning system with updated ductwork, completely new electrical and plumbing systems, a comprehensive sprinkler system, and a state-of-the-art Fire-Lite alarm system. Security cameras are installed throughout the property for enhanced safety and security. The restaurant features a fully functional commercial kitchen and a large walk-in refrigerator, ready for immediate operation. In addition to the retail space, the building includes two one-bedroom apartments, both renovated in 2015 and currently occupied. Each apartment offers a comfortable living space with a living room, bathroom, and kitchen. All units are currently generating income, making this a strong cash-flowing investment. The asking price for this turnkey operation is $1,190,000. Detailed information on recent updates is available upon request. This property offers a unique blend of commercial and residential income streams, making it an ideal investment for discerning buyers seeking a stable and profitable venture in a vibrant, desirable location.

132 Main St, Nyack, New York

Location Insight

City
Nyack
County
Rockland
State
New York
Latitude
41.0916
Longitude
-73.9211
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$35,300
$86,700
$122,000
-
$99,074
$243,334
$342,408

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