Neighborhood Shopping
For Sale
$1,600,000
32 W Main Street, Washingtonville, NY 10992
Four leased spaces include food, pharmacy, baking, and event uses, with parking on-site and across the street.
Property Size6,000 SF
Price / SF$266.67
Days on Market333
Property Features for 32 W Main Street
General Information
Standard status
Active
Size
6,000 SF
Class
A
Total Parking Spaces
37
Property subtype
Commercial
Zoning
RN-B
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$28,369
Building Details
Building Size
6,000 SF
Year Built
2022
Buildings
2
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Curasi Realty, Inc.
(845) 457-9174
Listed By:
Jeffrey Lyons · License #10401274491
(845) 234-3375
Source:
Croninreale
Added: Dec 1, 2025
Changed: Oct 25
Last Checked: Oct 29 at 10:08PM
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.
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Investment Insights
Based on property information with market context.
Completed in 2022, this 6,000-square-foot neighborhood shopping center comprises a primary building with three 1,800-square-foot units and a separate 600-square-foot building. The spaces are leased to a bagel shop, pharmacy, micro-event venue, and baker. The pharmacist is also the property’s end user. The center has commercial water and sewer service.
The property fronts a main road in Washingtonville, New York. On-site parking accommodates 30–40 vehicles, and a municipal lot across the street provides additional parking. The center is zoned RN-B.
The property fronts a main road in Washingtonville, New York. On-site parking accommodates 30–40 vehicles, and a municipal lot across the street provides additional parking. The center is zoned RN-B.
Key Highlights
- Built in 2022; 6,000 square feet total
- Main building contains three 1,800‑square‑foot units
- Separate 600‑square‑foot building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,030
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,600
$1.5M
Cap Rate 7%
$1,043,286
$1.0M
Cap Rate 9%
$811,444
$811.4K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$108.0K $18.00/SF
− Vacancy
−$3.7K −$0.61/SF
EGI
$104.3K $17.39/SF
− OpEx
−$31.3K −$5.22/SF
NOI
$73.0K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,600
Cap Rate 7%
$1,043,286
Cap Rate 9%
$811,444
Alternative Uses
Best Use
Retail
$1.04M
$912.9K – $1.22M
NOI $73,030 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,249 @ 7.0% cap · market cap 8.89%
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
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10992, NY
9,301
Population
3,559
Households
2.6
Avg Household Size
44
Median Age
30%
College-Educated
91%
High-School Grad
11.3 sq mi
ZIP Area
823
Density / Sq Mi
$113,450
Median Household Income
$51,769
Median Earnings
$1,438
Median Rent
$389,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Brotherhood Plaza — 30 Brotherhood Plaza Dr, Washingtonville, NY 10992
Frequently Asked Questions
What type of property is this?
Shopping center - Four leased spaces include food, pharmacy, baking, and event uses, with parking on-site and across the street.
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; 6,000 square feet total; Main building contains three 1,800‑square‑foot units; Separate 600‑square‑foot building
