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    FOR SALE
    Showrooms

    176 Maple Ave, Monsey, NY 10952

    8,732 SF 0.35 ac lot Built 2017
    Entity Owned 6-yr Hold
    Property ID
    US63-2062682
    Property summary
    AI-generated overview

    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
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 2017
    Total area 8,732 SF
    Lot 0.35 ac (15,246 SF)
    Zoning code R-15C
    APN 392689 56.08-3-56
    UPID US63-2062682
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pave N Save Construction Company General Contractor
    • Hawk Staffing Employment Agency
    • Amazoop Training Center
    • Rockland Tax and Accounting Services Inc. Consultant
    • MSNN LLC General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.10M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.15M
    Owner & transaction history
    176 Maple Holdings LLC · 6 yrs held
    176 Maple Holdings LLC
    since 2019
    4 recorded transactions
    2019
    2018
    2015
    1969
    Zoning & alternative use
    R-15C · Monsey, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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