Property summary
This exceptional investment property at 167 Route 9W in Haverstraw, NY, presents a unique dual-income opportunity. The main structure boasts approximately 4,160 square feet of retail space, currently occupied by a long-term tenant operating a recently fully renovated restaurant. This lease generates substantial income, contributing to an excellent capitalization rate. The property also includes a separate, recently renovated 4-5 bedroom residential house, also under lease. Recent upgrades to the residential property include a new kitchen, bathrooms, flooring, ceilings, lighting, and electrical panel. Both the retail space and the residential house possess approved certificates of occupancy. The property sits on a lot of approximately 6,098 square feet and features newly paved parking areas and a new roof. All utilities are paid by the tenants, and the residential tenant is responsible for property maintenance. Located on one of Rockland County's busiest roadways, this property offers unparalleled visibility and access to a high volume of traffic. Annual property taxes are approximately $22,000. This turnkey investment is ideal for those seeking a strong return on investment with minimal management responsibilities. The combination of a stable commercial tenant and a separately leased residential unit provides a diversified income stream and significant potential for future appreciation.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Haverstraw market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
161 · Haverstraw, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 161 in Haverstraw, NY.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.