Storefront Property with Private
For Sale
$985,000
16 South Liberty Drive 16, Stony Point, NY 10980
Finished interior space includes central air, natural gas forced-air heating, and a full walk-out lower level.
Property Size4,097 SF
Days on Market38
Property Features for 16 South Liberty Drive 16
General Information
Standard status
Active
Size
4,097 SF
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$15,605
Amenities
Central Air
Forced Air, Natural Gas
Finished, Full, Storage Space, Walk-Out Access
Parking Lot, Private
Building Details
Building Size
4,097 SF
Buildings
1
Stories
3
Listing Agency:
IBNA Real Estate Group
Listed By:
Lorie D. Lee
(845) 558-8508
Source:
Evrealestate
Added: Sep 25
Changed: Oct 25
Last Checked: Nov 1 at 5:36AM
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 IBNA Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property has a finished interior with a full lower level offering storage space and walk-out access. Central air and forced-air heating fueled by natural gas serve the space, and a private parking lot is part of the property.
The property sits at the intersection of Route 9W, also known as Liberty Drive, and Route 210 in Rockland County, next to Chase Bank.
The property sits at the intersection of Route 9W, also known as Liberty Drive, and Route 210 in Rockland County, next to Chase Bank.
Key Highlights
- Finished interior with full lower level and walk‑out access
- Lower‑level storage space
- Central air and natural gas forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,696
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,920
$1.2M
Cap Rate 7%
$824,229
$824.2K
Cap Rate 9%
$641,067
$641.1K
Market Conditions
NOI Build-Up for 4,097 SF
Gross rent
$86.0K $21.00/SF
− Vacancy
−$3.6K −$0.88/SF
EGI
$82.4K $20.12/SF
− OpEx
−$24.7K −$6.04/SF
NOI
$57.7K $14.08/SF
Area
Rockland County, NY
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,920
Cap Rate 7%
$824,229
Cap Rate 9%
$641,067
Alternative Uses
Best Use
Retail
$824.2K
$721.2K – $961.6K
NOI $57,696 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.71M
$2.37M – $3.16M
NOI $189,619 @ 7.0% cap · market cap 19.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Dining 4%
Chase Bank
Shops & Services
9,946 visits/mo
0.2 miles
Shell
Shops & Services
6,151 visits/mo
0.1 miles
China Wok
Dining
700 visits/mo
0.3 miles
Demographics for 10980, NY
13,289
Population
5,081
Households
2.6
Avg Household Size
43
Median Age
37%
College-Educated
92%
High-School Grad
27.4 sq mi
ZIP Area
485
Density / Sq Mi
$125,333
Median Household Income
$58,306
Median Earnings
$1,748
Median Rent
$475,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Finished interior space includes central air, natural gas forced-air heating, and a full walk-out lower level.
Where is this storefront property located?
The property is located at 16 South Liberty Drive 16 Stony Point, NY.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Finished interior with full lower level and walk‑out access; Lower‑level storage space; Central air and natural gas forced‑air heating
