43 Liberty DrStony Point, NY 10980

Property Details for 43 Liberty Dr

Year built

1975

Lot size

0.29 AC

Property size (Sq ft)

3,744 SF

Zone code

BU

Property type

Investment properties

Property subtype

Live-work space

APN

392800 15.19-2-59

APU

3928001519259

Description

This exceptional 3,744 square foot storefront, located at 43 North Liberty Drive in Stony Point, NY, presents a remarkable investment opportunity. Currently vacant, this property offers a blank canvas for a variety of retail uses, including showrooms, offices, or restaurants. Built in 1975, the single-story building sits on a 0.29-acre lot, providing ample space and high visibility along a main commercial corridor. The property features two units within a single building and benefits from a prime corner lot location with excellent frontage on North Liberty Drive. Its convenient location offers easy access to major highways and public transportation, ensuring a steady flow of potential customers. The open layout and versatile floor plan provide flexibility for customization to suit diverse business needs. This owner-user investment opportunity is ideal for businesses seeking high visibility and a strong presence in a thriving Stony Point community. The property's vacant status allows for immediate occupancy, starting July 10, 2023. The property's proximity to other retail establishments and restaurants further enhances its appeal and potential for success. This is a rare chance to acquire a well-situated commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $682,713

  6.5%

  $630,196

  7%

  $585,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $489,849

  Geo Method

  $489,191

• Alternative Use

  Use

  Valuation

  Residential

  $781,444

  Hospitality

  $715,798

  Educational

  $595,536

  Medical

  $616,017

  Retail

  $926,389

Location Insight

City

Stony Point

County

Rockland

State

New York

Latitude

41.2325

Longitude

-73.986

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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