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Mixed-Use Property with Apartment
For Sale
$1,850,000

46 South Broadway, Nyack, NY 10960

Commercial Sale, Nyack, NY

Property Size5,000 SF
Lot Size0.17 Acres
Price / SF$370
Days on Market360

Property Features for 46 South Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning DMU-1
Rooms Basement
Parking 6
Parking features Garage, Assigned, Driveway
Security features Security
Basement Unfinished, Walk-Out Access, Storage Space
Accessibility Accessible Approach with Ramp
Appliances Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer, Gas Water Heater
Lot features Corner Lot, Garden, Landscaped, Near Public Transit, Paved, Sprinklers In Front, Views
View River, City
Elementary school Liberty Elementary School
Middle school Nyack Middle School
High school Nyack Senior High School
Elementary school district Nyack
Middle school district Nyack
High school district Nyack
Directions Corner of South Broadway & Depew. Next door to Nyack Post Office.
Standard status Active
APN 39240306604600010030000000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 37050

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1854
Floors in Building 3
Number of units 3
Flooring type Tile - Ceramic, Carpet, Hardwood
Building materials Clapboard, Wood Siding
Listing Agency: Ellis Sotheby's Intl Realty · Sotheby's International Realty
Listed By: Nancy M Swaab
Added: Nov 12, 2025 Changed: Oct 22 Last Checked: Nov 6 at 12:06PM
MLS# 933091

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1854, this restored Victorian mixed-use building contains approximately 5,000 square feet on a 0.17-acre parcel. Commercial suites occupy the ground and second floors, with a two-bedroom apartment and turret room on the top floor. The property also includes a basement, a two-car garage, and separate utilities. Zoning is DMU-1.

The property stands across from the Nyack Library and is a block from Memorial Park and the riverfront. The Mario Cuomo Bridge and NYC bus routes are among the transportation connections noted for the area.

The first floor is currently used as a real estate office. The building received a 2001 Rockland County Historic Preservation Merit Award for adaptive use and also received recognition from the Town of Orangetown for historic preservation and adaptive reuse.

Key Highlights

  • Approximately 5,000 sq ft in an 1854 Victorian building
  • 0.17‑acre parcel zoned DMU‑1
  • Two‑bedroom top‑floor apartment with turret room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$142,594
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,851,880 $2.9M
Cap Rate 7%
$2,037,057 $2.0M
Cap Rate 9%
$1,584,378 $1.6M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$225.0K $45.00/SF
− Vacancy
−$34.9K −$6.98/SF
EGI
$190.1K $38.03/SF
− OpEx
−$47.5K −$9.51/SF
NOI
$142.6K $28.52/SF
Area
Rockland County, NY
Vacancy
15.50%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,851,880
Cap Rate 7%
$2,037,057
Cap Rate 9%
$1,584,378

Alternative Uses

Best Use
Office B
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,594 @ 7.0% cap · market cap 7.71%
Second Best
Mixed Use
$584.6K
$511.5K – $682.0K (±1% cap)
NOI $40,922 @ 7.0% cap · market cap 2.21%
Theoretical Best
Specialty Retail
$3.31M
$2.89M – $3.86M (±1% cap)
NOI $231,413 @ 7.0% cap · market cap 12.51%
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

Live-work space

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

2,025
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Mixed-use properties in Rockland County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial suites on the lower levels are paired with a two-bedroom apartment upstairs.
Where is this mixed-use property located?
The property is located at 46 South Broadway Nyack, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Approximately 5,000 sq ft in an 1854 Victorian building; 0.17‑acre parcel zoned DMU‑1; Two‑bedroom top‑floor apartment with turret room
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