Property profile

65 Greenbush Rd West Nyack, NY 10994

OFF-MARKET
Land
1.4 ac lot Built 1949
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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

Location

65 Greenbush Rd West Nyack, NY 10994
West Nyack metro
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Value estimations

Realmo proprietary · 4 methods
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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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