169 Main StNyack, NY 10960

Property Details for 169 Main St

Year built

1970

Lot size

0.13 AC

Property size (Sq ft)

5,920 SF

Zone code

C-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

392403 66.37-2-7

APU

392403663727

Description

This exceptional 1,100 square foot executive office suite is ideally situated on Main Street in the vibrant town of Nyack, Rockland County, New York. The single-tenant space is perfect for a variety of professional uses, particularly medical practices, due to the convenient plumbing in multiple rooms. The property is zoned DMU1. The suite is located on the first floor and offers three unassigned parking spaces on the premises. Financial responsibilities for the tenant include base rent, 20% of any tax increases exceeding the base year, and 45% of water costs. Electricity and gas are separately metered. A three-month security deposit is required. This is a fantastic opportunity to establish a presence in a highly desirable location with excellent visibility and accessibility. The property's address is 169 Main Street, Nyack, NY 10960. The total building square footage is 1,100 square feet, with 1,100 square feet currently vacant. This presents a unique chance to secure a well-appointed office space in a thriving community. Don't miss this chance to secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $978,753

  6.5%

  $903,464

  7%

  $838,931

• Comparable approach

  Method

  Valuation

  Relative Method

  $773,507

  Geo Method

  $773,507

• Alternative Use

  Use

  Valuation

  Residential

  $1,120,296

  Hospitality

  $1,026,185

  Educational

  $853,774

  Medical

  $883,136

  Retail

  $1,328,092

Location Insight

City

Nyack

County

Rockland

State

New York

Latitude

41.0915

Longitude

-73.923

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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