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Multi-Building Retail and Office Campus
For Sale
$32,500,000

419-423 Route 59, Monsey, NY 10952

Three-building legacy center with 28 currently functioning, separately metered units and 100% leasing coverage.

Property Size42,800 SF
Lot Size4.93 Acres
Price / SF$759.35
Days on Market82

Property Features for 419-423 Route 59

General Information

Standard status Active
Size 42,800 SF
Lot size 4.93 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Office Units 28

Building Details

Building Size 42,800 SF
Year Built 1988
Tenancy Multi
Listing Agency: Triforce Commercial RE LLC
Listed By: Jason Horowitz · License #NJ #1433362
Source: Triforcecre
Added: Jun 9 Changed: Aug 26 Last Checked: Aug 29 at 6:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triforce Commercial RE LLC

Investment Insights

Based on property information with market context.

Offered for sale for the first time since original construction in 1988, 419-423 Route 59 includes three buildings totaling approximately 42,800 square feet on 4.93 acres of commercial land. The property was built with 46 separately metered commercial units, and over time several units have been combined, resulting in 28 currently functioning spaces. The center’s operating mix includes retail, food service, and professional offices, and the buildings have been well maintained. Ample parking supports day-to-day customer and tenant access.

The property is positioned as a high-profile, street-visible asset with convenient access to the broader Rockland County area. It has strong visibility to passing traffic and is designed to serve a wide range of neighborhood and regional commercial needs.

For buyers or operators seeking scale in a stabilized retail and office environment, the asset is currently 100% leased with a blend of national and regional operators and many long-term occupants. Tenancy currently includes retail, food service, and professional office users under one ownership platform. The offering also presents potential related to untapped basement storage income. Any expansion or redevelopment concepts are subject to verification by an engineer or architect, but the property’s size and land base support future planning considerations.

Key Highlights

  • Three‑building commercial property at 419‑423 Route 59, Monsey, NY, offered for sale for the first time since original construction in 1988.
  • Totaling approximately 42,800 SF on 4.93 acres of high‑profile commercial land with ample parking and strong street visibility.
  • Originally built with 46 separately metered units; currently configured as 28 functioning spaces.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Hair Salon Restaurant Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
16,503 visits/mo 0.1 miles
Exxon Shops & Services
7,260 visits/mo 0.4 miles
Chase Bank Shops & Services
7,254 visits/mo 0.1 miles
Interstate Toyota Shops & Services
5,594 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,712 visits/mo 0.5 miles

Demographics for 10952, NY

47,426
Population
11,743
Households
4
Avg Household Size
19
Median Age
26%
College-Educated
85%
High-School Grad
8.9 sq mi
ZIP Area
5,329
Density / Sq Mi
$70,696
Median Household Income
$35,340
Median Earnings
$1,715
Median Rent
$786,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Colonial Square at Airmont 329 NY-59, Airmont, NY 10952
  • Pavilion 3 411 NY-59, Airmont, NY 10952

Frequently Asked Questions

What type of property is this?
Shopping center - Three-building legacy center with 28 currently functioning, separately metered units and 100% leasing coverage.
Where is this shopping center located?
The property is located at 419-423 Route 59 Monsey, NY.
What is the asking price?
The asking price for this property is $32,500,000.
What are key features of this property?
This property features: Three‑building commercial property at 419‑423 Route 59, Monsey, NY, offered for sale for the first time since original construction in 1988.; Totaling approximately 42,800 SF on 4.93 acres of high‑profile commercial land with ample parking and strong street visibility.; Originally built with 46 separately metered units; currently configured as 28 functioning spaces.
More about this property
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