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Property summary
This exceptional 11,248 square foot retail property located at 176 Maple Ave, Monsey, NY, presents a unique investment opportunity. Situated on a 0.35-acre lot in a high-traffic area, this established grocery store boasts significant expansion potential. The current business includes approximately $1.5 million worth of equipment, ready for immediate operation, and features a layout conducive to adding a takeout, bakery, meat, and fish department. The building also includes 22 fully occupied offices, generating substantial rental income with ample room for growth. The property offers 24 parking spaces and a powerful generator, ensuring uninterrupted operations. Financial records detailing current income ($74,588.5 monthly) and expenses are available in the listing documents. The new owner can potentially increase monthly income to over $200,000 through strategic expansion and operational improvements. Further expansion opportunities include finishing a fifth floor for additional revenue and adding 800 square feet to the existing supermarket. This turnkey operation offers immediate returns and significant long-term growth prospects in a prime Monsey location. The property also includes a detached garage with parking for four or more vehicles.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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Employment Agency
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Training Center
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Consultant
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General Contractor
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 Monsey 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
R-15C · Monsey, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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