Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building in Downtown Nyack Title is generated by Realmo AI

    8 N Broadway, Nyack, NY 10960

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    Fully leased mixed-use building in walkable river village.

    Type:Commercial
    Property size:
    5,285 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $227/SF
    Added:
    Jan 30, 2026
    Days on Market:
    125
    Last Refresh:
    Apr 5 at 8:31 pm

    Property Features for 8 N Broadway

    General Information

    Standard status
    Active
    Size
    5,285 SF
    Lot size
    0.06 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    JEFFREY I. HOZIAS

    Listing agent JEFFREY I. HOZIAS

    Listing office RAND COMMERCIAL

    Listing date Jan 30, 2026

    Source Corcoran

    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 RAND COMMERCIAL

    HighLights

    • Prime downtown Nyack location with a Walk Score of 93, offering exceptional access to restaurants, shops, and transit
    • Fully leased mixed‑use building with immediate, stabilized income and diversified revenue streams from retail and residential units
    • Approximately 5,285 square feet across three stories, featuring street‑level retail space and four (4) one‑bedroom apartments
    • High visibility with approximately 75 feet of frontage on North Broadway, benefiting from significant foot traffic
    • DMU‑1 zoning allows for a broad range of commercial and residential uses
    • Fully sprinklered throughout and underwent updated fire and life‑safety inspection in 2020/2021

    Overview

    Located in downtown Nyack, this mixed-use building offers a fully leased opportunity in Rockland County. The property, constructed in 1920, comprises approximately 5,285 square feet across three stories. It features street-level retail space and four one-bedroom residential apartments above. The building is 100% occupied, providing immediate, stabilized income with diversified revenue streams. The masonry construction property has been fully sprinklered throughout, including all residential units. The entire building underwent an updated fire and life-safety inspection in 2020/2021. Situated on North Broadway with approximately 75 feet of frontage, the property benefits from visibility and foot traffic. The location has a Walk Score of 93, placing tenants near restaurants, shops, and transit options. The site encompasses approximately 0.06 acres and is zoned DMU-1, allowing for a range of commercial and residential uses.

    Local Financial Insights For Apartment 5plus

    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 $168.1k $31.80
    − Vacancy −$10.6k −$2.00
    EGI $157.5k $29.80
    − OpEx −$70.9k −$13.41
    NOI $86.6k $16.39
    5,285 SF · lease $31.80/SF/yr · vacancy 6.30% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.24M
    $1.08M – $1.44M (±1% cap)
    NOI $86,611 @ 7.0% cap · market cap 7.22%
    Second Best
    Retail
    $1.06M
    $930.3K – $1.24M (±1% cap)
    NOI $74,427 @ 7.0% cap · market cap 6.20%
    Theoretical Best
    Specialty Retail
    $3.49M
    $3.06M – $4.08M (±1% cap)
    NOI $244,603 @ 7.0% cap · market cap 20.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -73.9185
    Latitude
    41.0908

    Nearby Similar for Sale

    • $1,599,999
      9,456 SF

      Nyack Mixed-Use Investment Opportunity

      Fully stabilized mixed-use property in the heart of Nyack.
      98 Main Street, Nyack, NY 10960
      View Details
    • $5,150,000
      15,000 SF

      Mixed-Use Building in Nyack, NY

      Mixed-use building in Rockland County's desirable waterfront village.
      20 S Broadway, Nyack, NY 10960
      View Details
    • $769,000

      Updated Colonial Revival Two-Family Home

      Two-family home in downtown Nyack with turnkey income streams.
      231 High Avenue, Nyack, NY 10960
      View Details
    • $150,000
      2,178 SF

      Nyack Restaurant Opportunity on Main

      Established 55-seat restaurant with prime Main Street location.
      93 Main Street, Nyack, NY 10960
      View Details
    • $679,000

      Multi-Family Home in Downtown Nyack

      Multi-family home near Main Street with river and mountain views.
      12 E Catherine Street, Nyack, NY 10960
      View Details
    • $975,000

      Mixed-Use Property in Downtown Nyack

      Mixed-use property with storefront, apartments, and garden in Nyack.
      27 N Franklin Street, Nyack, NY 10960
      View Details
    • $395,000

      Prime Retail in Downtown Nyack

      Rare commercial building in vibrant Nyack, excellent visibility, investment potential.
      81 Main Street, Nyack, NY 10960
      View Details
    • $899,000
      3,200 SF

      Victorian Triplex in Nyack

      Well-maintained triplex with three spacious units and income potential.
      53 Brookside Ave, Nyack, NY 10960
      View Details
    • $1,900,000

      Prime Retail Opportunity in Nyack

      High-visibility retail space in the heart of downtown Nyack.
      172 Main Street #168, Nyack, NY 10960
      View Details
    • $1,900,000

      Medical Office Space

      For-sale healthcare suite on Main Street, offering a dedicated setting for medical and wellness-oriented operations.
      172 Main Street 168, Nyack, NY 10960
      View Details
    • $599,000
      2,800 SF

      Turnkey Restaurant in Downtown Nyack

      Fully operational restaurant for sale in a vibrant downtown location.
      108 Main Street, Nyack, NY 10960
      View Details
    • $599,000
      2,800 SF

      Turnkey Restaurant in Downtown Nyack

      Fully operational restaurant in the heart of downtown Nyack.
      108 Main, Nyack, NY 10960
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use building in walkable river village.
    Where is this mixed-use property located?
    The property is located at 8 N Broadway Nyack, 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: Prime downtown Nyack location with a Walk Score of 93, offering exceptional access to restaurants, shops, and transit; Fully leased mixed‑use building with immediate, stabilized income and diversified revenue streams from retail and residential units; Approximately 5,285 square feet across three stories, featuring street‑level retail space and four (4) one‑bedroom apartments
    (845) 770-1205
    We can help!
    Listing Contact
    JEFFREY I. HOZIAS
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    8 N Broadway, Nyack, NY 10960
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!