Property profile

180 N Main St New City, NY 10956

FOR LEASE
Commercial land
Property ID
US63-2529367
0.25 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity presents two available spaces within a thriving grocery-anchored center. The property boasts a total of 50,000 square feet, with 1,200 square feet currently vacant, offering immediate occupancy. The available spaces range in size from 1,200 square feet to 28,870 square feet, providing flexibility for various business needs. This location is ideal for businesses seeking high visibility and foot traffic, benefiting from its strategic placement alongside established and successful co-tenants, including Stop & Shop and Walgreens. The center features ample parking, ensuring convenient access for customers and employees. The property's convenient location places it within a key market area, making it an attractive option for businesses seeking to establish or expand their presence. The existing tenant mix suggests a strong customer base and a vibrant commercial environment. The available spaces are well-suited for a variety of convenience-oriented businesses, such as salons or liquor stores, but are adaptable to other retail uses. This is a rare opportunity to secure a prime retail space in a high-traffic, established center. Don't miss out on this chance to capitalize on a strong location and established customer base.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.25 ac (10,890 SF)
APN 392089 43.11-2-38
UPID US63-2529367

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cinema (Bike/Boat/Book/etc) Store
  • Gas Station
  • Gas Station
  • Bank Credit Union
  • General Contractor

Location

180 N Main St New City, NY 10956
New City metro Census 10803 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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