Assisted Living Facility with
For Sale
$1,400,000
184 S Pascack Rd, Nanuet, NY 10954
Former care facility with resident rooms, shared areas, support spaces, kitchen infrastructure, and elevator access.
Property Size6,866 SF
Lot Size1.98 Acres
Price / SF$203.90
Days on Market47
Property Features for 184 S Pascack Rd
General Information
Standard status
Active
Size
6,866 SF
Lot size
1.98 Acres
Property subtype
Special Purpose
Property Condition
Severity
Major Repairs Needed
Evidence
does require substantial renovation and updating
Amenities
elevator
Building Details
Building Size
6,866 SF
Year Built
1965
Buildings
2
Listing Agency:
Triforce Commercial RE LLC
Listed By:
Jason Horowitz · License #NY #10491207540
(845) 323-9177
Source:
Triforcecre
Added: Sep 5
Changed: Oct 4
Last Checked: Oct 20 at 5:59PM
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
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Investment Insights
Based on property information with market context.
This former assisted-living property includes approximately 6,866 square feet across two buildings on approximately 1.98 acres. The interior configuration includes multiple resident rooms, common and gathering areas, administrative and support rooms, kitchen infrastructure, and an elevator. The prior layout was designed for up to 32 residents and provides a substantial existing framework for a future care, healthcare, community residence, institutional, educational, nonprofit, or other specialized use, subject to required approvals.
Located at 184 S Pascack Rd in Nanuet, the property is near major Rockland County roadways, shopping, services, and surrounding residential communities. The improvements require substantial renovation and updating, allowing a purchaser to rework the buildings and site for its intended operation or approved reuse.
Located at 184 S Pascack Rd in Nanuet, the property is near major Rockland County roadways, shopping, services, and surrounding residential communities. The improvements require substantial renovation and updating, allowing a purchaser to rework the buildings and site for its intended operation or approved reuse.
Key Highlights
- Approximately 1.98 acres in Nanuet, NY
- Approximately 6,866 square feet across two buildings
- Former assisted‑living layout designed for up to 32 residents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,521
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,420
$2.3M
Cap Rate 7%
$1,607,443
$1.6M
Cap Rate 9%
$1,250,233
$1.3M
Market Conditions
NOI Build-Up for 6,866 SF
Gross rent
$218.3K $31.80/SF
− Vacancy
−$13.8K −$2.00/SF
EGI
$204.6K $29.80/SF
− OpEx
−$92.1K −$13.41/SF
NOI
$112.5K $16.39/SF
Area
Rockland County, NY
Vacancy
6.30%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,420
Cap Rate 7%
$1,607,443
Cap Rate 9%
$1,250,233
Alternative Uses
Best Use
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,521 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.54M
$3.97M – $5.30M
NOI $317,776 @ 7.0% cap · market cap 22.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10954, NY
24,248
Population
10,041
Households
2.4
Avg Household Size
44
Median Age
47%
College-Educated
90%
High-School Grad
6.9 sq mi
ZIP Area
3,514
Density / Sq Mi
$112,927
Median Household Income
$55,985
Median Earnings
$2,184
Median Rent
$502,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- St Patrick's Villa — 2 Duryea Ln, Nanuet, NY 10954
Frequently Asked Questions
What type of property is this?
Assisted living facility - Former care facility with resident rooms, shared areas, support spaces, kitchen infrastructure, and elevator access.
Where is this assisted living facility located?
The property is located at 184 S Pascack Rd Nanuet, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approximately 1.98 acres in Nanuet, NY; Approximately 6,866 square feet across two buildings; Former assisted‑living layout designed for up to 32 residents
