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Duplex with Separate Utilities
For Sale
$735,000

93 Jackson Avenue, Nyack, NY 10960

Two occupied flats each offer one bedroom and one bathroom, with updated kitchens and baths.

Property Size1,220 SF
Price / SF$602.46
Days on Market62

Property Features for 93 Jackson Avenue

General Information

Standard status Active
Size 1,220 SF
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $12,557

Building Details

Building Size 1,220 SF
Year Built 1938
Buildings 1
Listing Agency: Q Home Sales
Listed By: Naomi Streicher · License #10301218918
Source: Hhir
Added: Aug 28 Changed: Oct 26 Last Checked: Oct 26 at 2:40PM

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 Q Home Sales

Rey
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Investment Insights

Based on property information with market context.

This legal two-family property contains two separate flats, each configured with one bedroom and one bathroom. Both units have updated kitchens and bathrooms and are occupied by long-term tenants. Separate utility service includes two boilers, two hot water heaters, and individual meters. The property was built in 1938.

Shopping, transportation, and the Hudson River are within walking distance. The address is 93 Jackson Avenue in Nyack, New York.

Key Highlights

  • Legal two‑family property with two separate flats
  • Each unit has 1 bedroom and 1 bathroom
  • Updated kitchens and bathrooms in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,559
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,180 $431.2K
Cap Rate 7%
$307,986 $308.0K
Cap Rate 9%
$239,544 $239.5K
Market Conditions
NOI Build-Up for 1,220 SF
Gross rent
$32.9K $27.00/SF
− Vacancy
−$2.1K −$1.76/SF
EGI
$30.8K $25.25/SF
− OpEx
−$9.2K −$7.57/SF
NOI
$21.6K $17.67/SF
Area
Rockland County, NY
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,180
Cap Rate 7%
$307,986
Cap Rate 9%
$239,544

Alternative Uses

Best Use
Multifamily LT 5
$308.0K
$269.5K – $359.3K (±1% cap)
NOI $21,559 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$285.6K
$249.9K – $333.2K (±1% cap)
NOI $19,994 @ 7.0% cap · market cap 2.72%
Theoretical Best
Specialty Retail
$806.6K
$705.8K – $941.1K (±1% cap)
NOI $56,465 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,907
Businesses Nearby

Demographics for 10960, NY

14,680
Population
6,680
Households
2.2
Avg Household Size
44
Median Age
63%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
3,123
Density / Sq Mi
$126,404
Median Household Income
$69,067
Median Earnings
$2,148
Median Rent
$662,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied flats each offer one bedroom and one bathroom, with updated kitchens and baths.
Where is this duplex located?
The property is located at 93 Jackson Avenue Nyack, NY.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Legal two‑family property with two separate flats; Each unit has 1 bedroom and 1 bathroom; Updated kitchens and bathrooms in both units
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