Property profile

44 Ny-303 Tappan, NY 10983

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 850-square-foot retail space is ideally situated in the vibrant business district straddling the New York/New Jersey border in Tappan, NY. Located within Stateline Plaza II, this single-tenant property offers immediate access to a thriving commercial area featuring national retailers and service providers. Across the street, a significant new development is underway, including a large Lidl Supermarket (25,000+ square feet), promising increased foot traffic and visibility. The property's co-tenants include a diverse mix of established businesses, such as an Italian restaurant, laundromat, hair salon, and foot spa, creating a synergistic and attractive retail environment. The asking base rent is $18.00 per square foot, with estimated net charges of approximately $9.82 per square foot (as of May 2023). These net charges encompass a pro-rata share of property taxes, common area maintenance (CAM), and insurance, providing transparent and predictable operating costs. The property's address is 44 NY-303, Tappan, NY 10983, in Rockland County. This prime retail location presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly developing commercial hub. The property is classified as Retail, Office, and Service and is suitable for a variety of uses.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

44 Ny-303 Tappan, NY 10983
Tappan metro
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Value estimations

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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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