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    505 Piermont Ave Piermont, NY 10968

    Sponsored
    For Sale
    $3,450,000

    boutique shops

    Property size:
    5,093 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    fine dining and serene yet accessible lifestyle. Demand for Housing: there is a significant shortage of apartment rentals in Piermont and this property's central location offers unparalleled appeal for residents seeking upscale

    Property Features for 505 Piermont Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,093 SF
    Lot Size
    11,761 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    L & M Iron ... Welder Xyster Consulting, Inc. Business Management Consultant Otto’s Full Service Food And Drink Gerhardts Automotive Repair Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Piermont
    County
    Rockland County
    State
    New York
    Longitude
    -73.91594
    Latitude
    41.04107

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    Nearby Similar for Sale

    • $350,000

      Multifamily Property in Piermont, NY

      Multifamily property for sale, subject to lender approval.
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      Multifamily property for sale, sold as is.
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      Renovated Duplex with River Views

      Fully renovated duplex in Piermont, NY, with river views.
      13 Ash St, Piermont, NY 10968
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    FAQs

    What type of property is this?
    Mixed-use property - boutique shops
    Where is this mixed-use property located?
    The property is located at 505 Piermont Ave Piermont, NY.
    What is the asking price?
    The asking price for this property is $3,450,000.
    (845) 353-4254
    Request Owner's contact information
    505 Piermont Ave Piermont, NY 10968
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    Piermont, NY 10968
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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
    505 Piermont Ave Piermont, NY 10968
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