Neighborhood Shopping Center Built in
32 W Main Street Washingtonville, NY 10992
32 W Main Street, Washingtonville, NY, 10992
$1,600,000
For Sale
$1,600,000
6,000 SF shopping center with strong tenant mix.
Property Size6,600 SF
Lot Size0.61 Acres
Price / SF$242.42
Days on Market236
Property Features for 32 W Main Street
General Information
- Standard status
- Active
- Size
- 6,600 SF
- Lot size
- 0.61 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2022
Listing Agency
CURASI REALTY, INC.
(845) 457-9174
Listed by
JEFFREY LYONS · License #10401274491
Source
Corcoran
Added: Nov 25, 2025 Checked: Jul 19 at 4:50 am
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 CURASI REALTY, INC.
Investment Insights
Based on property information with market context.
This 6,000 square foot neighborhood shopping center, constructed in 2022, is located in the heart of the village. The property benefits from a visible location on a main road with consistent traffic. The main building consists of three 1,800 square foot units, currently occupied by a bagel shop, a pharmacy, and a micro-event venue, all of which are leased. A stand-alone 600 square foot building behind the main center is occupied by a baker, also under lease. The property provides 30 to 40 on-site parking spaces, with additional parking available across the street in the municipal lot. The center is equipped with commercial water and commercial sewer. The pharmacist is also the end-user for the shopping center. Zoned Neighborhood Shopping Center, this property is suitable for an investor seeking stable income or an end-user looking for a turnkey commercial asset in a thriving village location.
Key Highlights
- Built in 2022: Modern construction and impeccably maintained.
- Strong Tenant Mix: Leases in place with a bagel shop, pharmacy, micro‑event venue, and baker.
- Exceptional Visibility: Located on a main road with steady traffic.
Local Financial Insights For 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 | $118.8k | $18.00 |
| − Vacancy | −$4.0k | −$0.61 |
| EGI | $114.8k | $17.39 |
| − OpEx | −$34.4k | −$5.22 |
| NOI | $80.3k | $12.17 |
6,600 SF · lease $18.00/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.15M
$1.00M – $1.34M
NOI $80,333 @ 7.0% cap · market cap 5.02%
Second Best
Specialty Retail
$819.7K
$717.3K – $956.3K
NOI $57,380 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,474 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sunoco Gas Station
Gas Station
A Plus Mini Mart
Specialty Food Shop
Hudson Valley Playtime
Family Recreation Center
Washingtonville Pharmacy
Pharmacy
Grub & Co
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Brotherhood Plaza — 30 Brotherhood Plaza Dr, Washingtonville, NY 10992
FAQs
What type of property is this?
Shopping center - 6,000 SF shopping center with strong tenant mix.
Where is this shopping center located?
The property is located at 32 W Main Street Washingtonville, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Built in 2022: Modern construction and impeccably maintained.; Strong Tenant Mix: Leases in place with a bagel shop, pharmacy, micro‑event venue, and baker.; Exceptional Visibility: Located on a main road with steady traffic.
