37 Rte 59 Nyack, NY 10960-2944
This exceptional 9,200 square foot retail storefront, located at 37 Route 59 East in Nyack, New York, presents a lucrative investment opportunity. Offered at $1,150,000 with an attractive 8.50% cap rate, this property sits on a ground lease and is ideally situated in a densely populated area with a strong residential base. The building benefits from its location on a busy state route, experiencing approximately 25,400 vehicles per day, ensuring high visibility and foot traffic. Its proximity to key attractions such as Nyack Hospital and downtown Nyack further enhances its appeal. Convenient access to the NY Thruway and the Mario Cuomo Bridge provides excellent connectivity for both customers and employees. This premium retail location is available immediately, making it an exceptional opportunity for investors seeking a high-return, established retail space in a thriving market. The property's substantial size and prime location within Rockland County, NY (zip code 10960), make it an ideal investment for a variety of retail businesses. The high volume of traffic and proximity to residential areas guarantee a consistent flow of potential customers. Don't miss this chance to acquire a well-positioned retail asset in a desirable New York location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.