Freestanding Commercial Building in
52 College Ave Nanuet, NY 10954
For Sale
$1,200,000
Pending
4500SF building with high visibility and flexible layout.
Property Size4,500 SF
Days on Market97
Property Features for 52 College Ave
General Information
Standard status
Pending
Size
4,500 SF
Property subtype
Commercial
Listing Agency:
COLDWELL BANKER REALTY
(845) 735-2039
Listed By:
Patrick Kennedy
(845) 735-2039
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 1:07PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This is an approximately 4500 square foot freestanding commercial building located in Nanuet. The property benefits from excellent visibility and is situated in the heart of Nanuet along a busy commercial corridor. It experiences strong traffic and provides easy access to major highways and nearby shopping centers. On-site parking is available. The layout options are flexible, making it suitable for an owner-user or investor. The location has a walk score of 72, indicating it is very walkable, and a bike score of 37, indicating it is somewhat bikeable.
Key Highlights
- Excellent visibility in the heart of Nanuet.
- Approx. 4500SF Freestanding Commercial Building.
- Strong traffic count along a busy commercial corridor.
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 | $94.5k | $21.00 |
| − Vacancy | −$4.0k | −$0.88 |
| EGI | $90.5k | $20.12 |
| − OpEx | −$27.2k | −$6.04 |
| NOI | $63.4k | $14.08 |
4,500 SF · lease $21.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$905.3K
$792.2K – $1.06M
NOI $63,372 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.98M
$2.60M – $3.47M
NOI $208,271 @ 7.0% cap · market cap 17.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Stop & Shop Florist — nanuet, ny 10954
Frequently Asked Questions
What type of property is this?
Storefront property - 4500SF building with high visibility and flexible layout.
Where is this storefront property located?
The property is located at 52 College Ave Nanuet, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Excellent visibility in the heart of Nanuet.; Approx. 4500SF Freestanding Commercial Building.; Strong traffic count along a busy commercial corridor.
