30 New StNyack, NY 10960

Property Details for 30 New St

Lot size

0.07 AC

Zone code

C-1

Property type

Retail properties

Property subtype

Parking lots & garages

APN

392403 66.30-3-68

APU

3924036630368

Description

This exceptional mixed-use property in desirable Downtown Nyack presents a rare investment opportunity. The building boasts a diverse income stream from several established tenants, including an eco-friendly auto body shop with a large adjacent parking lot, a laundromat generating approximately $95,000 in annual revenue, three music rehearsal studios, and a newly renovated one-bedroom apartment. Office space is also included, offering flexibility for various business uses. The property is exceptionally well-maintained and features numerous upgrades, including seven separate electric meters, four gas meters, a comprehensive sprinkler system, indoor and outdoor security cameras, energy-efficient LED lighting, and hard-wired smoke alarms. The roof is finished with a silver coating for enhanced insulation and reduced energy consumption. This versatile property is move-in ready and presents significant potential for future development or redesign to suit a wide range of business and residential needs. Located at 30 New St, Nyack, NY 10960, this property offers endless possibilities for the discerning investor. Its prime location in sought-after Downtown Nyack ensures strong tenant demand and long-term value appreciation.

• CAP approach

  CAP return

  Valuation

  6%

  $741,013

  6.5%

  $684,012

  7%

  $635,154

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,003,924

  Geo Method

  $1,003,924

• Alternative Use

  Use

  Valuation

  Residential

  $576,990

  Hospitality

  $528,520

  Educational

  $439,722

  Medical

  $454,845

  Retail

  $684,012

Location Insight

City

Nyack

County

Rockland

State

New York

Latitude

41.0918

Longitude

-73.9192

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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