102 Main StNyack, NY 10960

Property Details for 102 Main St

Lot size

0.08 AC

Property size (Sq ft)

3,408 SF

Zone code

C-1

Property type

Investment properties

Property subtype

Live-work space

APN

392403 66.38-1-20

APU

3924036638120

Description

This exceptional commercial property at 102 Main Street in Nyack, NY presents a unique investment opportunity. The 3,408 square foot retail space enjoys a highly desirable location in the heart of Nyack's bustling village center, directly across from the Gazebo on the north side of Main Street. This ensures maximum visibility and foot traffic, ideal for a variety of businesses. The property's prime position offers unparalleled exposure to Nyack's vibrant community. Adding to its appeal is a substantial 3,400 square foot basement, providing ample storage or potential for expansion. Previously a successful pub, the space retains a charming character, easily adaptable to various concepts. Imagine a thriving restaurant, bar, or retail boutique in this high-traffic area. The property's size and location also allow for creative expansion possibilities, such as adding residential apartments, banquet space, or even a rooftop patio, subject to local regulations and approvals. The 0.08-acre lot provides a solid foundation for a successful venture. This is a rare opportunity to secure a prominent location in one of Rockland County's most sought-after commercial districts. Don't miss this chance to establish your business in this vibrant and thriving area. The property is offered at $9,500.

• CAP approach

  CAP return

  Valuation

  6%

  $563,444

  6.5%

  $520,102

  7%

  $482,952

• Comparable approach

  Method

  Valuation

  Relative Method

  $445,289

  Geo Method

  $445,289

• Alternative Use

  Use

  Valuation

  Residential

  $644,927

  Hospitality

  $590,750

  Educational

  $491,497

  Medical

  $508,400

  Retail

  $764,550

Location Insight

City

Nyack

County

Rockland

State

New York

Latitude

41.0915

Longitude

-73.9195

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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