Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    50 Main St Nyack, NY 10960

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    50 Main St Nyack, NY 10960

    View on Map
    • Parking lots & garages
    • 0.07 lot acres
    For Sale
    $1,150,000
    View Listing →
    Downtown Nyack Retail Investment For Sale
    $1,150,000
    3,440 SF

    Downtown Nyack Retail Investment

    High-traffic Main Street retail space.

    Grandview, NY 10960
    View Listing
    Property ID
    US63-1248632
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 50 Main St

    Lot size
    0.07 lot acres
    Zone code
    R-M
    Property type
    Parking lots & garages
    APN
    392403 66.38-2-30.2
    APU
    39240366382302

    Description

    This exceptional investment opportunity presents two adjacent lots totaling 0.15 acres at 50 Main Street, Unit A, in the thriving downtown Nyack, NY. The combined 3,440 square foot property is currently configured as an auto repair shop, but its DMU-2 (Downtown Mixed-Use) zoning allows for a wide range of possibilities, including retail, office, or residential development. Located on a high-visibility section of Main Street, the property benefits from consistent foot traffic and exposure to Nyack's vibrant community. Nyack's reputation as a popular destination, fueled by its thriving arts scene, diverse dining options, and eclectic shops, ensures a strong year-round customer base. The property's prime location offers easy access to major highways and a short commute to New York City. Annual property taxes are $22,302 (Town & Village). This is a rare chance to acquire a significant piece of Nyack's burgeoning commercial landscape, offering substantial potential for growth and return on investment. The property's versatility and location make it an ideal asset for discerning investors and developers seeking to capitalize on Nyack's dynamic market. Don't miss this chance to secure a piece of Nyack's future.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nyack
    County
    Rockland
    State
    New York
    Longitude
    -73.9169
    Latitude
    41.0909
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $12,000
    $0.00
    $12,000
    -
    $33,679
    $0.00
    $33,679

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      6 Highland Ave

      PARKING LOT • 0.09 Acres
      6 Highland Ave, Nyack, NY 10960-2443
      View Details
    • Value Estimation by Request
      0.07 Acres

      Florence St

      PARKING LOT • 0.07 Acres
      Florence St, Nyack, NY 10960
      View Details
    • Value Estimation by Request
      0.06 Acres

      175 Burd St

      PARKING LOT • 0.06 Acres
      175 Burd St, Nyack, NY 10960-3027
      View Details
    • Value Estimation by Request
      0.19 Acres

      26 Lydecker St

      PARKING LOT • 0.19 Acres
      26 Lydecker St, Nyack, NY 10960
      View Details
    • Value Estimation by Request
      0.05 Acres

      26th New St

      PARKING LOT • 0.05 Acres
      26th New St, Nyack, NY 10960-2606
      View Details
    • Value Estimation by Request
      967 SF

      24 Chestnut St

      PARKING LOT • 967 SF
      24 Chestnut St, Nyack, NY 10960-2801
      View Details

    Similar Nearby for Sale

    • $1,999,000

      Historic Victorian Mixed-Use Investment Property

      Restored Victorian in Nyack with commercial space and residential units.
      46 South Broadway, Nyack, NY 10960
      View Details
    • $499,000
      Pending

      Turn-Key Restaurant Building in Nyack

      Freestanding restaurant in downtown Nyack, ready for its next chapter.
      162 Main St, Nyack, NY 10960
      View Details
    • $1,250,000
      Pending

      Mixed-Use Investment Opportunity in Nyack

      Mixed-use building with income-producing units and development potential.
      169 Sickles Ave, Nyack, NY 10960
      View Details

    Similar Nearby for Lease

    • $500 /Mo

      Commercial Space For Rent

      Commercial space available for rent, additional fees apply.
      48 Burd St, Nyack, NY 10960
      View Details
    • $25 SF/Yr

      Refurbished Commerce Center Space Available

      Modern, unique commerce center with various units available for rent.
      142 Main St, Nyack, NY 10960
      View Details
    • $22 SF/Yr

      Mainstream Commons Retail/Office Space

      Newly refurbished commerce center with units from 300 to 3,400 SF.
      142 Main St, Nyack, NY 10960
      View Details
    • $4,500 /Mo

      Iconic Storefront in South Nyack

      Reimagined two-story space in a high-energy retail corridor.
      74 S Broadway, Nyack, NY 10960
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50 Main St
    Nyack, NY 10960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!