Property profile

421 Rte New York, NY 10952

OFF-MARKET
Retail properties & Spaces
2,200 SF
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 421 Route 59 in Monsey, New York, offers 2,200 square feet of vacant space in a multi-tenant building. The property is zoned NS and situated in Rockland County (zip code 10952). Its prime location on Route 59 ensures high visibility and significant foot traffic, benefiting from a strong existing tenant mix. The entire 2,200 square foot space is currently available for lease. The base rent is negotiable (please inquire for details). In addition to base rent, there are net, net, net (NNN) expenses currently totaling $9 per square foot annually. A separate annual sprinkler maintenance fee of $800 is also applicable. This presents a unique opportunity for businesses seeking a prominent retail presence in a thriving Monsey commercial district. The property's Class A designation reflects its high-quality construction and modern amenities. Serious inquiries are encouraged to discuss lease terms and explore this exceptional retail opportunity further.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

421 Rte New York, NY 10952
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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