Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Building in Pearl River Title is generated by Realmo AI

    9 N Main St 9 - 9A - 11, Pearl River, NY 10965

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $750,000

    Fully leased mixed-use building in a prime Pearl River location.

    Type:Commercial
    Lot size:
    0.06 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    176
    Last Refresh:
    May 11 at 12:17 am

    Property Features for 9 N Main St 9 - 9A - 11

    General Information

    Standard status
    Active
    Lot size
    0.06 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Angele Melendez
    Angele Melendez

    Listing agent Angele Melendez

    Listing office PMI PROPERTIES

    Listing date Nov 27, 2025

    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 PMI PROPERTIES

    HighLights

    • Fully leased mixed‑use building providing immediate rental income.
    • Prime location on North Main Street in Pearl River, NY.
    • Convenient access to Pearl River Train and Bus Stops.
    • Established salon occupies both street level commercial spaces.
    • Includes a leased residential apartment.
    • Full basement with walkout access to outdoor space (backyard).

    Overview

    This mixed-use building is located on North Main Street in Pearl River, New York. The property is fully leased and features an established salon occupying both street-level commercial spaces, along with a leased residential apartment above. The building includes a full basement with walkout access to an outdoor backyard space, offering potential uses. The property is conveniently located within walking distance of the Pearl River Train and Bus Stops, with easy access to New Jersey and the New York Throughway, and is approximately 25 minutes from the George Washington Bridge. This property represents an investment opportunity with steady rental income in a central area of Pearl River.
    Location Intelligence

    Current Use by Public Records

    Louis Kurtz Civic ... Community Center Chiku Awali African ... Training Center Haitian American Cultural Social Service Agency Spring Valley Village ... City Government Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearl River
    County
    Rockland
    State
    New York
    Longitude
    -74.0452
    Latitude
    41.1126

    Nearby Similar for Sale

    • $699,000

      Renovated Office Building on Route 304

      Professional office building suitable for medical, spa, or salon use.
      189 S Pearl Street, Pearl River, NY 10965
      View Details
    • $165,000
      1,500 SF

      Pearl River Pizzeria Opportunity

      Established pizzeria for sale in Pearl River, renovated in 2022.
      137 N Middletown Road, Pearl River, NY 10965
      View Details
    • $39,000

      Pearl River Coffee Shop Business

      Newly renovated coffee shop with European pastries for sale.
      6B E Central Avenue, Pearl River, NY 10965
      View Details
    • $225,000
      4,200 SF

      Pearl River Restaurant/Bar For Sale

      Turnkey restaurant/bar in Pearl River with long-term lease available.
      50 E Central Avenue, Pearl River, NY 10965
      View Details
    • $177,500

      Turnkey Irish Pub Business Opportunity

      Established Irish pub business for sale with a long-term lease.
      33-35 W Central Ave, Pearl River, NY 10965
      View Details
    • $719,000

      Renovated Professional Office Building

      Professional office building in Pearl River, suitable for various businesses.
      189 S Pearl Street, Pearl River, NY 10965
      View Details
    • $250,000

      Turnkey Irish Pub Business Opportunity

      Fully operational Irish pub business for sale with long-term lease.
      33-35 W Central Avenue, Pearl River, NY 10965
      View Details
    • $60,000

      Turnkey Cafe Business For Sale

      Fully operational cafe business with multiple revenue streams for sale.
      46 East Central Avenue, Pearl River, NY 10965
      View Details
    • $150,000

      Dog Grooming Business Opportunity

      Established dog grooming business for sale in Pearl River.
      14 N Main Street #14, Pearl River, NY 10965
      View Details
    • $1,350,000

      Victorian Multi-Family Investment Opportunity

      Charming 6-unit Victorian with development potential, convenient location.
      247 N Middletown Road, Pearl River, NY 10965
      View Details
    • $3,300,000

      Mixed-Use Investment Property on Acres

      Versatile income property with residential units, office, and development potential.
      249 N Middletown Road, Pearl River, NY 10965
      View Details
    • $1,195,000
      5,528 SF

      Mixed-Use Building in Downtown

      Mixed-use building with bar/restaurant and boarding house units.
      33 W Central Ave, Pearl River, NY 10965
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use building in a prime Pearl River location.
    Where is this mixed-use property located?
    The property is located at 9 N Main St 9 - 9A - 11 Pearl River, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Fully leased mixed‑use building providing immediate rental income.; Prime location on North Main Street in Pearl River, NY.; Convenient access to Pearl River Train and Bus Stops.
    (845) 553-5311
    We can help!
    Listing Contact
    Angele Melendez
    Angele Melendez
    Learn More
    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
    9 N Main St 9 - 9A - 11, Pearl River, NY 10965
    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!