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    OFF-MARKET
    Land

    65 Greenbush Rd, West Nyack, NY 10994

    1.4 ac lot Built 1949
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a rare chance to acquire a seven-unit multifamily property situated on a substantial 1.4-acre lot in the heart of West Nyack, New York. The property, located at 65 S Greenbush Rd, consists of a main front building housing five units and a separate back house with two additional units. Built in 1949, this property offers significant upside potential due to current below-market rents across all seven units. The expansive lot provides ample room for future development or expansion, making it an ideal investment for those seeking substantial returns in a thriving market. The property's prime location in West Nyack, Rockland County (zip code 10994), ensures strong tenant demand and easy access to local amenities. This is a turnkey investment ready for an owner to capitalize on the existing rental income and future growth opportunities. The asking price is $1,900,000. This is a truly unique opportunity to own a substantial multifamily property in a desirable location. Don't miss out on this lucrative investment.

    Property profile
    Verified
    Property type Land
    Year built 1949
    Lot 1.4 ac (60,984 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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