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    Mixed-Use Building in Downtown Nyack Title is generated by Realmo AI

    8 N Broadway, Nyack, NY 10960

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    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:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 7:49 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

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    Listing Contact
    Michael Chang

    Listing agent Michael Chang License #10401333755

    Listing office Rand Commercial

    Listing date Apr 24, 2026

    Source Elliman

    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

    • 100% leased mixed‑use building providing immediate, stabilized income.
    • Prime downtown Nyack location with a Walk Score of 93, offering exceptional visibility and foot traffic.
    • Approximately 5,285 square feet across three stories, featuring street‑level retail and four (4) one‑bedroom apartments.
    • DMU‑1 zoning allows for a broad range of commercial and residential uses.
    • Updated fire and life‑safety systems, including full sprinkler coverage.
    • Originally constructed in 1920 with masonry construction and approximately 75 feet of frontage on North Broadway.

    Overview

    Located in downtown Nyack, this mixed-use building offers a fully leased investment opportunity. Constructed in 1920, the property features approximately 5,285 square feet across three stories. It includes street-level retail space and four one-bedroom residential apartments. The building is 100% occupied, providing stabilized income. The 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.
    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
    -73.918537
    Latitude
    41.090752

    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: 100% leased mixed‑use building providing immediate, stabilized income.; **Prime downtown Nyack location** with a Walk Score of 93, offering exceptional visibility and foot traffic.; Approximately 5,285 square feet across three stories, featuring street‑level retail and four (4) one‑bedroom apartments.
    More about this property
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