Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    70 S Broadway Nyack, NY 10960

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24 SF/Yr

    High-visibility space in downtown Nyack suitable for retail/office use.

    Lot size:
    0.07 Acres

    Property Features for 70 S Broadway

    General Information

    Standard status
    Active
    Lot size
    0.07 Acres

    We can help!

    Listing Contact
    Hershel Reisz
    Source: Corcoran

    Listing Agency: EREALTY ADVISORS, INC Listing Agent: Hershel Reisz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Retail/Office Space, Nyack

    Located at 70 South Broadway in Nyack, NY, this property offers an expansive opportunity in a prime downtown location. The space benefits from high foot traffic and visibility, making it suitable for retail shops, offices, law offices, art studios, or medical service providers. The property is situated in the heart of Nyack, with proximity to local amenities, including shopping, dining, and entertainment options.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nyack
    County
    Rockland
    State
    New York
    Longitude
    -73.918149
    Latitude
    41.092932

    Nearby Similar for Lease

    • $6,675 /Mo
      8,276 SF

      Refined Industrial Office Suite

      Six-room office suite with Hudson River views in Nyack.
      38 High Ave, Nyack, NY 10960
      View Details
    • $6,900 /Mo
      12,197 SF

      Prime Corner Showroom in Nyack

      High-visibility corner commercial space ideal for showroom or retail.
      73 N Highland Ave, Nyack, NY 10960
      View Details
    • $1,700 /Mo
      16,988 SF

      Office Space in Iconic Building

      750 sq ft office space in Nyack, NY for rent.
      282 S Broadway, Nyack, NY 10960
      View Details
    • New
      $1,500 /Mo
      1,307 SF

      Nyack Storefront on Main Street

      Recently renovated storefront in Nyack with ample storage.
      67 Main St, Nyack, NY 10960
      View Details
    • New
      $2,300 /Mo
      38,333 SF

      Retail Space in Grand Nyack

      Retail space in a 10-store strip mall on Route 59.
      298 Ny-59, Nyack, NY 10960
      View Details
    • $3,000 /Mo
      7,405 SF

      Renovated Storefront in Downtown Nyack

      Prime commercial space in Nyack with high visibility and foot traffic.
      292 Main St Unit, Nyack, NY 10960
      View Details
    • $6,250 /Mo

      Prime Corner Commercial Space Available

      High-visibility commercial space suitable for retail, office, or medical use.
      2 S Highland Ave, Nyack, NY 10960
      View Details
    • $6,675 /Mo

      Top Floor Office Suite

      Six-room office suite with Hudson River views and rooftop access.
      38 High Ave, Nyack, NY 10960
      View Details
    • $3,000 /Mo

      Corner Commercial Space for Lease

      Prime location suitable for retail, office, or medical use.
      2 S Highland Ave, Nyack, NY 10960
      View Details
    • $6,900 /Mo

      High-Visibility Corner Showroom Space

      Prime corner commercial space with full window frontage on Route 9W.
      73 N Highland Ave, Nyack, NY 10960
      View Details
    • $29 SF/Yr

      Medical Office Suites For Lease

      Professional medical office suites near Montefiore Nyack Hospital.
      311 N Midland Ave, Nyack, NY 10960
      View Details
    • $21 SF/Yr

      Refurbished Retail Space Available

      Modern commerce center with units ranging from 300-3,400 SF.
      142 Main St, Nyack, NY 10960
      View Details

    FAQs

    What type of property is this?
    Retail space - High-visibility space in downtown Nyack suitable for retail/office use.
    Where is this retail space located?
    The property is located at 70 S Broadway Nyack, NY.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Nyack.; - High foot traffic and visibility.; - Suitable for a variety of businesses (retail, office, law, art, medical).
    (845) 323-3506
    Request Owner's contact information
    70 S Broadway Nyack, NY 10960
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    70 S Broadway
    Nyack, NY 10960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    70 S Broadway Nyack, NY 10960
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Hershel Reisz
    Real Estate License ID: 10401363654
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!