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Property profile

30 New St Nyack, NY 10960

OFF-MARKET
Parking lots & garages
Property ID
US63-0165532
View Sample
0.07 ac lot
Entity Owned 22-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional mixed-use property in desirable Downtown Nyack presents a rare investment opportunity. The building boasts a diverse income stream from several established tenants, including an eco-friendly auto body shop with a large adjacent parking lot, a laundromat generating approximately $95,000 in annual revenue, three music rehearsal studios, and a newly renovated one-bedroom apartment. Office space is also included, offering flexibility for various business uses. The property is exceptionally well-maintained and features numerous upgrades, including seven separate electric meters, four gas meters, a comprehensive sprinkler system, indoor and outdoor security cameras, energy-efficient LED lighting, and hard-wired smoke alarms. The roof is finished with a silver coating for enhanced insulation and reduced energy consumption. This versatile property is move-in ready and presents significant potential for future development or redesign to suit a wide range of business and residential needs. Located at 30 New St, Nyack, NY 10960, this property offers endless possibilities for the discerning investor. Its prime location in sought-after Downtown Nyack ensures strong tenant demand and long-term value appreciation.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.07 ac (3,049 SF)
Zoning code C-1
APN 392403 66.30-3-68
UPID US63-0165532

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
  • Vocational School Training Center
  • Auto Repair Shop
  • Tutoring Service Theater & Performing Art Venue
  • Clothing Supplier
  • Custom T-Shirt Store Embroidery Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2004
1 recorded transaction
2004
$950,000

Zoning & alternative use

C-1 · Nyack, NY

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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