42 Burd St Nyack, NY 10960
For Sale
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This exceptional investment opportunity presents a fully approved residential development project in the vibrant town of Nyack, New York. Located at 42 Burd Street, the property encompasses a 0.08-acre lot and includes a vacant 2,600 square foot, two-story commercial office building primed for conversion. All necessary approvals, architectural plans, engineering work, and building permits are in place, making this a truly shovel-ready project. The development plan outlines four (4) spacious one-bedroom units, each measuring approximately 650 square feet. Each unit boasts a comfortable living room, a well-appointed kitchen, a full bathroom, a convenient laundry closet, and a private walk-out covered balcony offering breathtaking views of the Hudson River and the iconic Tappan Zee Bridge. Ample on-site parking is provided for both residents and their guests. The property's prime location, just one block from the bustling downtown area of Nyack and a single block from the Hudson River, ensures unparalleled convenience and access to the area's natural beauty. This is a rare chance to acquire a fully permitted, ready-to-build multifamily development in a highly desirable location. The combination of stunning views, convenient location, and streamlined development process makes this an exceptional investment opportunity.
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Rockland Same Day Garage Door Repair Building Supply General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-M · Nyack, NYNyack. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.