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    High-Visibility Building on Route 59 Title is generated by Realmo AI

    170 Route 59, Spring Valley, NY 10977

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    For Sale
    $3,500,000

    Freestanding 4,830 SF building in Spring Valley, NY.

    Type:Commercial
    Property size:
    4,830 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $724/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 8:01 pm

    Property Features for 170 Route 59

    General Information

    Standard status
    Active
    Size
    4,830 SF
    Lot size
    0.39 Acres
    Property subtype
    Commercial

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    Vesna Kanacki

    Listing office CENTURY 21 ELITE REALTY

    Listing date Mar 10, 2026

    Source Elliman

    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 CENTURY 21 ELITE REALTY

    HighLights

    • High‑visibility location on Route 59 with 25,000‑35,000 vehicles passing daily.
    • Strategic location with immediate connectivity to major roadways (Route 304, Palisades Interstate Parkway, NYS Thruway).
    • Flexible 4,830 SF single‑story building suitable for single or multi‑tenant occupancy.
    • Zoned GB – General Business, allowing for a broad range of professional and retail uses.
    • Ample parking with 20 spots and dual access points.
    • Corner lot configuration offering redevelopment potential for commercial or mixed‑use.

    Overview

    Located in the Village of Spring Valley, at the heart of Rockland County's most traveled commercial corridor, this 4,830 square foot office property offers an opportunity to own a free-standing, high-visibility building. The property is situated on a 0.39-acre parcel with dual access points and direct frontage along New York State Route 59, and exit on Dutch Lane. The location provides visibility from approximately 25,000 to 35,000 vehicles per day. Route 59 connects Suffern, Spring Valley, Nanuet, Nyack, and the New York State Thruway (I-87/I-287). The location offers connectivity to Route 304, the Palisades Interstate Parkway, and the NYS Thruway, positioning it within minutes of retail, financial, and residential centers throughout Rockland County. The building features a masonry and glass façade. The interior includes a lobby and teller area, private offices, a conference room, IT center, a secure vault, and administrative workspace. Exterior features include an asphalt parking lot with 20 spots, signage, and curb appeal along Route 59. The site is zoned GB – General Business, allowing professional and retail uses including medical, banking, insurance, law, accounting, or office/showroom. Its corner lot configuration and vehicular exposure make it suitable for institutional use or redevelopment into a commercial or mixed-use concept.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $318.8k $66.00
    − Vacancy −$20.7k −$4.29
    EGI $298.1k $61.71
    − OpEx −$74.5k −$15.43
    NOI $223.5k $46.28
    4,830 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $3.19M
    $2.79M – $3.73M (±1% cap)
    NOI $223,544 @ 7.0% cap · market cap 6.39%
    Second Best
    Office B
    $1.97M
    $1.72M – $2.30M (±1% cap)
    NOI $137,746 @ 7.0% cap · market cap 3.94%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Hair Salon Spa & Massage Center Hotel & Motel Law Firm Bar & Pub Nail Salon Skin Care Clinic HVAC Service Grocery & Convenience Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Valley
    County
    Rockland
    State
    New York
    Longitude
    -74.0812
    Latitude
    41.1093

    FAQs

    What type of property is this?
    Office building - Freestanding 4,830 SF building in Spring Valley, NY.
    Where is this office building located?
    The property is located at 170 Route 59 Spring Valley, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: High‑visibility location on Route 59 with 25,000‑35,000 vehicles passing daily.; Strategic location with immediate connectivity to major roadways (Route 304, Palisades Interstate Parkway, NYS Thruway).; Flexible 4,830 SF single‑story building suitable for single or multi‑tenant occupancy.
    More about this property
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