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Mixed-Use Property with Storefront
For Sale
$1,300,000

38 S Franklin Street, Nyack, NY 10960

Two-building downtown asset combines commercial space, residential apartments, and an unfinished basement.

Property SizeContact for details
Days on Market131

Property Features for 38 S Franklin Street

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 2 x 3BR, 1 x 2BR
Multifamily Units 3

Additional Details

Gross Income $129,600

Taxes and HOA fees

Annual Taxes $21,000

Amenities

Attached Garage
Corner Lot
Baseboard Heating
Hardwood Flooring
Heat Pump Heating
Natural Gas Heating

Building Details

Year Built 1900
Buildings 2
Tenancy Multi
Listing Agency: EREALTY ADVISORS, INC
Listed By: YOEL GORALNIK
Source: Corcoran
Added: Apr 22 Changed: Aug 29 Last Checked: Aug 29 at 3:00PM

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 EREALTY ADVISORS, INC

Investment Insights

Based on property information with market context.

Located at 38 S Franklin Street in Nyack’s downtown, this mixed-use property comprises two buildings constructed in 1900. The offering includes a storefront component alongside multiple residential apartments, creating a combination of commercial and residential space within one transaction.

An unfinished basement is also included, providing additional interior area within the property. The buildings are positioned in the downtown area of Nyack, with the commercial storefront and apartment configuration forming the core physical characteristics of the asset.

Key Highlights

  • Two‑building mixed‑use property at 38 S Franklin Street
  • Includes a commercial storefront and residential apartments
  • Unfinished basement included

Property Analytics

Current Use

Melany´s Grocery Department Store Grocery Grocery & Convenience Store Trendsetters Marketing Group Advertising Agency

Suggested Use

Top Pick Furniture & Home Goods Storage Facility Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,907
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building downtown asset combines commercial space, residential apartments, and an unfinished basement.
Where is this mixed-use property located?
The property is located at 38 S Franklin Street Nyack, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑building mixed‑use property at 38 S Franklin Street; Includes a commercial storefront and residential apartments; Unfinished basement included
More about this property
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