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    The Largest CRE Database in the US with Over 1 Million Listings

    102 N Midland Ave Nyack, NY 10960

    Sponsored
    For Sale
    Pending
    $695,000

    Victorian, Duplex - Nyack, NY

    Type:Duplex
    Lot size:
    0.10 Acres
    Days on Market:
    121
    Last Refresh:
    Feb 13 at 10:06 am

    Property Features for 102 N Midland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    392403-066-029-0001-047-000-0000
    Parking features
    Driveway
    Interior features
    Entrance Foyer, High Ceilings, Natural Woodwork, Open Kitchen, Washer/Dryer Hookup
    Fireplace
    1
    Basement Y/N
    1
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Baseboard, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    1890
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Frame
    Architectural style
    Victorian

    We can help!

    Listing Contact
    Sarah Weintraub

    Ellis Sotheby's International Realty (845) 353-4250

    Listing agent Sarah Weintraub (845) 353-4250 License #10401373130

    Listing date Oct 16, 2025

    MLS# 903750 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Duplex in Nyack Village

    This turn-key two-family property is located in Nyack Village, close to shopping, dining, schools, parks, and transportation. The fully renovated and well-maintained property offers comfort and versatility. Each unit has a private entrance, in-unit washer/dryer, granite counters, tile bathrooms, and central AC. The main unit, accessed from the front porch, features a tiled floor mudroom, three bedrooms, one full bath, and an open kitchen/living room with high-end finishes. The first-floor unit, with private access from the driveway, offers a one-bedroom layout with a living room, stylish kitchen with charm, tin ceilings, an antique decorative marble fireplace, and a full bath. Additional building highlights include vinyl siding, a sprinkler system, wood floors, a large front porch, a paver walkway, a large parking area, and a grassy backyard. The property, situated on a 0.1-acre lot, is ideal for investment, owner occupancy with rental income, or multi-generational living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nyack
    County
    Rockland
    State
    New York
    Longitude
    -73.9257816
    Latitude
    41.0945399

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    FAQs

    What type of property is this?
    Duplex - Turn-key duplex near shops, dining, schools, parks, and transportation.
    Where is this duplex located?
    The property is located at 102 N Midland Ave Nyack, NY.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Turn-key, fully renovated 2-family home in desirable Nyack Village.; - Prime location: close to shopping, dining, schools, parks, and transportation.; - Two units: a 3-bedroom unit and a 1-bedroom unit, each with private entrance and in-unit washer/dryer.
    (914) 588-8202
    Request Owner's contact information
    102 N Midland Ave Nyack, NY 10960
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    Nyack, NY 10960
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 N Midland Ave Nyack, NY 10960
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    We can help!
    Listing Contact
    Sarah Weintraub
    Real Estate License ID: 10401373130
    (914) 588-8202 (845) 353-4250
    Learn more
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