123 NY-59, Nanuet, NY 10954
8,400 SF retail site in Nanuet, NY for sale.
- Added:
- Sep 8, 2024
- Days on Market:
- 667
- Last Refresh:
- May 12 at 10:39 pm
Property Features for 123 NY-59
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Lot size
- 0.54 Acres
- Property subtype
- Retail
Listing office Triforce Commercial Real Estate LLC (845) 450-6500
Listing date Sep 8, 2024
Source Crexi
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 Triforce Commercial Real Estate LLC
HighLights
- High Traffic Location: Over 850,000 cars passed the site in 2019.
- Large 8,400 +\/- SF Retail Space.
- Prime Commercial District in the heart of Rockland County.
- Drive‑Thru Potential: Previously a bank.
- Suitable for Owner‑User: Vacant space.
- Property is in the RS (Regional Shopping) Zone.
Overview
Local Financial Insights For Specialty Retail
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 | $554.4k | $66.00 |
| − Vacancy | −$36.0k | −$4.29 |
| EGI | $518.4k | $61.71 |
| − OpEx | −$129.6k | −$15.43 |
| NOI | $388.8k | $46.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Nanuet
- County
- Rockland
- State
- New York
- Longitude
- -74.0095
- Latitude
- 41.0984
