Property profile

45 Rte 9w West Haverstraw, NY 10993

OFF-MARKET
Strip malls
Property ID
US63-3788832
86,409 SF 9.7 ac lot Built 1970
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Samsondale Plaza, located at 45 Rte 9W in West Haverstraw, NY (zip code 10993), presents a prime retail investment opportunity in Rockland County. This established shopping center offers a total of 140,000 square feet of retail space, currently featuring six suites. A significant portion of the property, totaling 76,035 square feet, is currently vacant, providing exceptional potential for new tenants. The flexible space allows for various configurations, with minimum divisible units of 1,000 square feet and a maximum contiguous space of 50,017 square feet. This makes Samsondale Plaza ideal for both large-scale retailers seeking substantial space and smaller businesses looking for manageable units. The property's strategic location on Route 9W ensures high visibility and accessibility for customers. The property is classified as a retail shopping center with pad sites available, offering diverse options for potential tenants. This presents a unique chance to establish or expand a business within a well-positioned and versatile retail environment in a thriving Rockland County market. The property's multiple tenancy structure provides a diverse tenant mix, contributing to a robust and stable income stream for potential investors. Interested parties are encouraged to explore the possibilities offered by this significant retail space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Total area 86,409 SF
Lot 9.7 ac (422,532 SF)
Zoning code 361
APN 392203 26.07-5-70
UPID US63-3788832

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
  • Pharmacy
  • Restaurant
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Hair Salon Nail Salon

Location

45 Rte 9w West Haverstraw, NY 10993-1039
West Haverstraw metro Census 10602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$25.66M

Owner & transaction history

since 2022
Last sale
$26.5M
1 recorded transaction
2022
$26.5M

Zoning & alternative use

361 · West Haverstraw, NY
Top alternative use upside
Commercial (general) $31.7M +18.8%
Warehouse, storage $31.1M +16.4%

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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