Two-Unit Duplex with
For Sale
$799,000
225 High Avenue, Nyack, NY 10960
Two apartments offer three-bedroom and one-bedroom layouts, with each residence arranged across two levels.
Property Size3,183 SF
Price / SF$251.02
Days on Market28
Property Features for 225 High Avenue
General Information
Standard status
Active
Size
3,183 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$20,418
Building Details
Building Size
3,183 SF
Year Built
1996
Buildings
1
Tenancy
Multi
Listing Agency:
Corcoran Baer & McIntosh
Listed By:
Lyudmila Kennedy
(845) 358-9440
Source:
Hhir
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 26 at 3:01PM
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 Corcoran Baer & McIntosh
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,183-square-foot duplex in Nyack contains two fully occupied apartments. The larger residence spans two levels and has three bedrooms and two full bathrooms; the second also occupies two levels, with one bedroom and two bathrooms. A garage and driveway provide on-site parking, while the property also includes a backyard and a deck off the smaller apartment. The roof and siding were replaced in 2023, and the boiler was updated in 2024.
The property is near Nyack’s downtown shops, restaurants, galleries, and entertainment, as well as the Hudson River waterfront. Major highways and public transportation are also nearby.
The property is near Nyack’s downtown shops, restaurants, galleries, and entertainment, as well as the Hudson River waterfront. Major highways and public transportation are also nearby.
Key Highlights
- 3,183‑square‑foot duplex with two fully occupied apartments
- Two‑level unit with three bedrooms and two full bathrooms
- Two‑level unit with one bedroom and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,248
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,960
$1.1M
Cap Rate 7%
$803,543
$803.5K
Cap Rate 9%
$624,978
$625.0K
Market Conditions
NOI Build-Up for 3,183 SF
Gross rent
$85.9K $27.00/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$80.4K $25.25/SF
− OpEx
−$24.1K −$7.57/SF
NOI
$56.2K $17.67/SF
Area
Rockland County, NY
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,960
Cap Rate 7%
$803,543
Cap Rate 9%
$624,978
Alternative Uses
Best Use
Multifamily LT 5
$803.5K
$703.1K – $937.5K
NOI $56,248 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$745.2K
$652.0K – $869.4K
NOI $52,163 @ 7.0% cap · market cap 6.53%
Theoretical Best
Specialty Retail
$2.10M
$1.84M – $2.46M
NOI $147,317 @ 7.0% cap · market cap 18.44%
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
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,979
Businesses Nearby
Explore this area
Business Placement
Demographics for 10960, NY
14,680
Population
6,680
Households
2.2
Avg Household Size
44
Median Age
63%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
3,123
Density / Sq Mi
$126,404
Median Household Income
$69,067
Median Earnings
$2,148
Median Rent
$662,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer three-bedroom and one-bedroom layouts, with each residence arranged across two levels.
Where is this duplex located?
The property is located at 225 High Avenue Nyack, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3,183‑square‑foot duplex with two fully occupied apartments; Two‑level unit with three bedrooms and two full bathrooms; Two‑level unit with one bedroom and two bathrooms
