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    167 Route 9W Haverstraw, NY 10927

    Sponsored
    For Sale
    $895,000

    High-Return Investment Opportunity in Haverstraw

    Property size:
    4,160 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment property at 167 Route 9W in Haverstraw, NY, presents a unique dual-income opportunity. The main structure boasts approximately 4,160 square feet of retail space, currently occupied by a long-term tenant operating a recently fully renovated restaurant. This lease generates substantial income, contributing to an excellent capitalization rate. The property also includes a separate, recently renovated 4-5 bedroom residential house, also under lease. Recent upgrades to the residential property include a new kitchen, bathrooms, flooring, ceilings, lighting, and electrical panel. Both the retail space and the residential house possess approved certificates of occupancy. The property sits on a lot of approximately 6,098 square feet and features newly paved parking areas and a new roof. All utilities are paid by the tenants, and the residential tenant is responsible for property maintenance. Located on one of Rockland County's busiest roadways, this property offers unparalleled visibility and access to a high volume of traffic. Annual property taxes are approximately $22,000. This turnkey investment is ideal for those seeking a strong return on investment with minimal management responsibilities. The combination of a stable commercial tenant and a separately leased residential unit provides a diversified income stream and significant potential for future appreciation.

    Property Features for 167 Route 9W

    General Information

    Property type
    Retail properties
    Square Feet
    4,160 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Big Daddy's Home ... Barbecue Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Haverstraw
    County
    Rockland County
    State
    New York
    Longitude
    -73.98086
    Latitude
    41.19794

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    FAQs

    What type of property is this?
    Retail property - High-Return Investment Opportunity in Haverstraw
    Where is this retail property located?
    The property is located at 167 Route 9W Haverstraw, NY.
    What is the asking price?
    The asking price for this property is $895,000.
    (845) 634-0400
    Request Owner's contact information
    167 Route 9W Haverstraw, NY 10927
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    Haverstraw, NY 10927
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    Realmo Value Estimation

    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.

    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.

    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
    167 Route 9W Haverstraw, NY 10927
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