Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Established Grocery Store on Maple Title is generated by Realmo AI

    176 Maple Avenue, Monsey, NY 10952

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,900,000

    Grocery store with equipment and rental income potential for sale.

    Type:Commercial/Industrial
    Property size:
    11,248 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $524/SF
    Added:
    Mar 16, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 5 at 10:01 pm

    Property Features for 176 Maple Avenue

    General Information

    Standard status
    Active
    Size
    11,248 SF
    Lot size
    0.35 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Moshe Gottfried

    Listing agent Moshe Gottfried License #49GO1149676

    Listing office Blue Sky Realty Group LLC

    Listing date Mar 16, 2026

    Source Exitrealty

    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 Blue Sky Realty Group LLC

    HighLights

    • Established grocery store business on Maple Ave.
    • Includes $1.5 million worth of equipment for takeout, bakery, meat, and fish departments.
    • Potential to increase monthly income to $200,000+.
    • 11,248 square foot building with 22 offices.
    • Opportunity to expand supermarket with an additional 800 SF by finishing the 5th floor.
    • Equipped with an expensive generator.

    Overview

    This 11,248 square foot building on Maple Avenue presents an investment opportunity as an established grocery store. The property includes $1.5 million worth of equipment, suitable for takeout, bakery, meat, and fish departments. The building features 22 offices and offers space to increase rental income. There are 24 parking spaces available. The building includes a generator. There is potential to finish the 5th floor and expand the supermarket with an additional 800 square feet.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $5.78M
    NOI $520,586 @ 9.00% cap · cautious / downside scenario
    Moderate
    $7.44M
    NOI $520,586 @ 7.00% cap · market / base-case scenario
    Aggressive
    $10.41M
    NOI $520,586 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $742.4k $66.00
    − Vacancy −$48.3k −$4.29
    EGI $694.1k $61.71
    − OpEx −$173.5k −$15.43
    NOI $520.6k $46.28
    11,248 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $7.44M
    $6.51M – $8.68M (±1% cap)
    NOI $520,586 @ 7.0% cap · market cap 8.82%
    Second Best
    Retail
    $2.26M
    $1.98M – $2.64M (±1% cap)
    NOI $158,401 @ 7.0% cap · market cap 2.68%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pave N Save Construction Company Hawk Staffing Employment Agency Amazoop Training Center Rockland Tax and Accounting ... Consultant MSNN LLC General Contractor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Motty's Supermarket — 19 main st, monsey, ny 10952
    • Monsey Housewares — 100 NY-59, Monsey, NY 10952
    • All Fresh Supermarket — 19 NY-59, Monsey, NY 10952
    • Rockland Kosher Supermarket — 27 Orchard St, Monsey, NY 10952
    • Evergreen Kosher Market — 59 NY-59, Monsey, NY 10952

    Location Insight

    • Map
    • Local Demand
    City
    Monsey
    County
    Rockland
    State
    New York
    Longitude
    -74.0604722
    Latitude
    41.1168448

    Nearby Similar for Sale

    • $2,900,000
      5,000 SF

      Monsey Two-Family Home on Acreage

      Two-family home on 0.62 acres in Monsey, New York.
      49-51 ALBERT Drive, Monsey, NY 10952
      View Details
    • $695,000

      Monsey Office Building For Sale

      Office building with three offices, reception, waiting room, bathroom.
      119 S Main St B, Monsey, NY 10977
      View Details
    • $770,000

      Monsey Office with Ample Parking

      Office space in Ramapo with reception, waiting room, parking.
      119 S Main Street #B, Monsey, NY 10977
      View Details
    • $650,000

      Investment

      103-105 Bates Dr, Monsey, NY 10952
      View Details
    • $32,500,000

      Monsey Commercial Asset For Sale

      Flagship commercial asset in Monsey's thriving commercial core.
      419-423 Route 59, Monsey, Monsey, NY 10952
      View Details
    • $2,600,000

      Monsey Multifamily Investment Opportunity

      Multifamily property in Monsey with expansion potential.
      101 Park Ln, Monsey, NY 10952
      View Details
    • $1,900,000

      Monsey Investment Opportunity

      Residential income property with expansion potential in Monsey.
      111 Park Ln, Monsey, NY 10952
      View Details
    • $985,000

      Spacious Home in Spring Valley

      Refined 5-bedroom home with modern finishes and convenient location.
      244 Blauvelt Road #213, Monsey, NY 10952
      View Details
    • $560,000
      1,023 SF

      Spacious Apartment Near Park

      Comfortable 2-bedroom apartment with modern finishes and ample storage.
      242 Blauvelt Road #101, Monsey, NY 10952,
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Grocery store with equipment and rental income potential for sale.
    Where is this grocery and convenience store located?
    The property is located at 176 Maple Avenue Monsey, NY.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: Established grocery store business on Maple Ave.; Includes $1.5 million worth of equipment for takeout, bakery, meat, and fish departments.; Potential to increase monthly income to $200,000+.
    (845) 371-8471
    We can help!
    Listing Contact
    Moshe Gottfried
    Real Estate License ID: 49GO1149676
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    176 Maple Avenue, Monsey, NY 10952
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!