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Building Details

Building Size 1,999 SF

Year Built 1940

Units 2

Listed By: Avraham Z. Weinberger Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Oct 12 Last Checked: Oct 15 at 1:34AM

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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 Avraham Z. Weinberger

Investment Insights

Based on property information with market context.

Located in West Nyack, Rockland County, 4 Francis Avenue is a two-family Cape Cod-style duplex presenting an investment opportunity. The property features two separate units. The main unit includes 3 bedrooms, 1 full bath, an eat-in kitchen, and a spacious living area, and is currently leased at $2,950 per month. The second unit is a 1-bedroom apartment generating $1,600 per month. Situated on a lot exceeding 7,400 square feet, the property includes a private driveway with a two-car garage and a full basement. The property is located near shopping, transportation, schools, and major highways. The property is located minutes from Nyack Village and the Palisades Center.

Key Highlights

• Excellent cash flow potential: 3‑bedroom unit leased at $2,950/month and a 1‑bedroom unit at $1,600/month.
• Turn‑key investment property in a high‑demand area of West Nyack.
• Two‑family Cape Cod style duplex offering versatility.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$35,325

Cap Rate

5.65%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$706,500 $706.5K

Cap Rate 7%

$504,643 $504.6K

Cap Rate 9%

$392,500 $392.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,999 SF

Gross rent

$54.0K $27.00/SF

− Vacancy

−$3.5K −$1.76/SF

EGI

$50.5K $25.25/SF

− OpEx

−$15.1K −$7.57/SF

NOI

$35.3K $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%

$706,500

Cap Rate 7%

$504,643

Cap Rate 9%

$392,500

Alternative Uses

Best Use

Multifamily LT 5

$504.6K

$441.6K – $588.8K (±1% cap)

NOI $35,325 @ 7.0% cap · market cap 5.65%

Second Best

Apartment 5plus

$468.0K

$409.5K – $546.0K (±1% cap)

NOI $32,760 @ 7.0% cap · market cap 5.24%

Theoretical Best

Specialty Retail

$1.32M

$1.16M – $1.54M (±1% cap)

NOI $92,519 @ 7.0% cap · market cap 14.80%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,025

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Two-unit property in Rockland County with steady rental income.

Where is this duplex located?

The property is located at 4 Francis Ave West Nyack, NY.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: Excellent cash flow potential: 3‑bedroom unit leased at $2,950/month and a 1‑bedroom unit at $1,600/month.; Turn‑key investment property in a high‑demand area of West Nyack.; Two‑family Cape Cod style duplex offering versatility.