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    124 Ny-59 Airmont, NY 10901

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    Prime Airmont Warehouse, 5,617 SF

    Property size:
    5,617 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.54-acre commercial property, located at 124 Route 59 in Airmont, New York (zip code 10901), presents a unique development opportunity. The site boasts a total of 5,617 square feet of space, ideally suited for warehouse or storage purposes. The existing structure is comprised of two warehouse units: Warehouse A, measuring 2,765 square feet, and Warehouse B, encompassing 2,852 square feet. In addition, there is 400 square feet of office space included within the existing buildings. This property benefits from its strategic location on Route 59, providing convenient access to major transportation arteries, including the New York State Thruway. The site is situated within a densely populated market, offering significant potential for a variety of commercial uses. The property is classified as Industrial and Land, making it an attractive investment for developers seeking a prime location in Rockland County, New York. The absence of a cap rate indicates the potential for significant return on investment through development or lease. This is a rare opportunity to acquire a well-positioned commercial property in a thriving market. The property's size and location make it an ideal candidate for expansion or redevelopment, catering to the needs of businesses seeking efficient warehouse and office space in a highly accessible location.

    Property Features for 124 Ny-59

    General Information

    Property type
    Distribution properties
    Square Feet
    5,617 SF
    Lot Size
    23,522 SF

    HighLights

    • 5,617 SF of developable space.
    • Two warehouse buildings totaling 5,617 SF (Warehouse A: 2,765 SF, Warehouse B: 2,852 SF).
    • 400 SF of office space included.
    • Prime Route 59 location.
    • High‑density population area.
    • Ideal for storage and warehouse use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Airmont
    County
    Rockland
    State
    New York
    Longitude
    -74.1234938
    Latitude
    41.1129793

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    FAQs

    What type of property is this?
    Distribution property - Prime Airmont Warehouse, 5,617 SF
    Where is this distribution property located?
    The property is located at 124 Ny-59 Airmont, NY.
    What are key features of this property?
    This property features: 5,617 SF of developable space.; Two warehouse buildings totaling 5,617 SF (Warehouse A: 2,765 SF, Warehouse B: 2,852 SF).; 400 SF of office space included.
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    Realmo Value Estimation

    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.

    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.

    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
    124 Ny-59 Airmont, NY 10901
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