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Monsey Retail Space on Route 59
For Lease
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419 NY-59, Chestnut Ridge, NY 10952

Built-out retail space on highly trafficked Route 59.

Space Size1,440 SF
Days on Market1623

Property Features for 419 NY-59

General Information

Standard status Active
Size 1,440 SF
Property subtype Retail

Building Details

Building Size 1,440 SF
Tenancy Multiple

Spaces For Lease

at 419 NY-59 Contact us

Unit 161

Size
1,440 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Triforce Commercial Real Estate LLC
Listed By: Jason Horowitz · License #NY - 10491207540
Source: Crexi
Added: Mar 26, 2022 Changed: Sep 2 Last Checked: Sep 2 at 7:35AM

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

Investment Insights

Based on property information with market context.

This is a built-out retail space located in Monsey on Route 59, a highly trafficked road. The previous tenant was a medi spa. The property features a healthy tenant mix. The rental rate is the base rent, with a $600 per year sprinkler maintenance fee and an additional garbage expense depending on the business. Current net expenses are $10 per square foot, but this is subject to change.

Key Highlights

  • Located on Highly Trafficked Route 59
  • Incredibly Built Out Retail Space
  • Prior Tenant Was a Medi Spa

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

966
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Exxon Shops & Services
7,260 visits/mo 0.3 miles
Wells Fargo Shops & Services
4,712 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
1,661 visits/mo 0.3 miles
Public Storage Shops & Services
1,285 visits/mo 0.4 miles

Demographics for 10952, NY

47,426
Population
11,743
Households
4
Avg Household Size
19
Median Age
26%
College-Educated
85%
High-School Grad
8.9 sq mi
ZIP Area
5,329
Density / Sq Mi
$70,696
Median Household Income
$35,340
Median Earnings
$1,715
Median Rent
$786,300
Median Home Value

Market

Lease Benchmarks for Chestnut Ridge, NY

$33.63 /SF/Yr
Avg Asking Price
$18.11–$43 /SF/Yr
Price Range
1,371 SF
Avg Space Size

This space is priced 4% above the average of $33.63 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Built-out retail space on highly trafficked Route 59.
Where is this retail space located?
The property is located at 419 NY-59 Chestnut Ridge, NY.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Located on Highly Trafficked Route 59; Incredibly Built Out Retail Space; Prior Tenant Was a Medi Spa
(845) 450-6500 Call to check price and availability
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