Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    52 College Ave Nanuet, NY 10954
    Back to Search
    Property profile & analytics

    52 College Ave, Nanuet, NY 10954

    View on Map
    • Investment properties
    • 4,500 SF
    • 0.45 lot acres
    For Sale
    $1,200,000
    View Listing →
    Freestanding Commercial Building in Nanuet For Sale
    $1,200,000
    4,500 SF

    Freestanding Commercial Building in Nanuet

    4500SF building with high visibility and flexible layout.

    52 College Avenue, Nanuet, NY 10954
    View Listing
    Property ID
    US63-1042025
    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
    8.4%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Wallauer Paint & Hardware / Building Supply / Hardware & Home Improvement

    Property Details for 52 College Ave

    Year built
    1980
    Lot size
    0.45 lot acres
    Zone code
    R1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    392089 64.5-2-53
    APU
    392089645253

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 18, 2015 $825,000 Paley Paint & Hardware LLC Torshavn LLC Grant Deed · related $192k · Greater Hudson Bk NA
    Aug 27, 2010 $650,000 Torshavn LLC Emilie Fava LLC Grant Deed —
    — — Paley Paint & Hardware LLC — Loan Modification, Consolidation And Extension · related $770k · Greater Hudson Bk NA
    — — Torshavn LLC — Deed Of Trust · related $665k · Greater Hudson Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $440,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $615,000
      6.5%
      $565,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $681,000
      Market price range: $364k - $1.11M

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

    Location Insight

    • Map
    • Local Demand
    City
    Nanuet
    County
    Rockland
    State
    New York
    Longitude
    -74.0077
    Latitude
    41.0937
    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
    $53,300
    $156,700
    $210,000
    -
    $55,965
    $164,535
    $220,500

    Comparable in this City

    • Value Estimation by Request
      1,428 SF

      359 Rte 59

      STORE/OFFICE (MIXED USE)
      359 Rte 59, Nanuet, NY 10954-2232
      View Details
    • Value Estimation by Request
      1,843 SF

      6 Smith St

      STORE/OFFICE (MIXED USE)
      6 Smith St, Nanuet, NY 10954-2913
      View Details
    • Value Estimation by Request
      672 SF

      112 College Ave

      STORE/OFFICE (MIXED USE)
      112 College Ave, Nanuet, NY 10954-3016
      View Details
    • Value Estimation
      $5,300,000
      15,232 SF

      300 Rte 59

      STORE/OFFICE (MIXED USE)
      300 Rte 59, Nanuet, NY 10954-2955
      View Details
    • Value Estimation
      $1,435,000
      14,105 SF

      130 Rte 59

      STORE/OFFICE (MIXED USE)
      130 Rte 59, Nanuet, NY 10954-2215
      View Details
    • Value Estimation
      $1,995,000
      12,000 SF

      13 Orch St

      STORE/OFFICE (MIXED USE)
      13 Orch St, Nanuet, NY 10954-3387
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Multi-Tenant Commercial Building For Sale

      Multi-tenant commercial building in Clarkstown with high visibility.
      133 Route 304, Nanuet, NY 10954
      View Details
    • Contact for pricing

      Multi-Tenant Commercial Building For Sale

      Multi-tenant commercial building in Clarkstown, Route 304 corridor.
      133 Route 304, Clarkstown, NY 10954
      View Details
    • $1,950,000

      Furnished Medical Office Building

      Turnkey medical office in Rockland County's busiest commercial district.
      57 N Middletown Rd, Nanuet, NY 10954
      View Details
    • Contact for pricing
      8,400 SF

      Retail Site in Rockland County

      8,400 SF retail site in Nanuet, NY for sale.
      123 Ny-59, Nanuet, NY 10954
      View Details
    • $339,000
      Pending

      Professional Office Suite For Sale

      Well-located office suite with ample parking and excellent visibility.
      55 Old Turnpike Rd, Nanuet, NY 10954
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr

      Nanuet Retail Space For Rent

      Retail space for rent in Rockland County's Commercial District.
      123 Route 59 E, Nanuet, NY 10954
      View Details
    • $30 SF/Yr

      Retail Space on Route 59

      Retail space for rent in Rockland County's Commercial District.
      123 Route 59 E, Nanuet, NY 10954
      View Details
    • $3,300 /Mo

      Nanuet Office Building For Rent

      Office building in the heart of Rockland County's commercial district.
      25 Smith St, Nanuet, NY 10954
      View Details
    • $2,125 /Mo

      Prime Retail/Office Space Available

      Commercial space in downtown Pearl River with high visibility.
      7-15 E Central Ave, Pearl River, NY 10954
      View Details
    • $4,400 /Mo

      Retail Space Near Shops at Nanuet

      Retail space across from The Shops at Nanuet.
      78 Main St, Nanuet, NY 10954
      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.
    52 College Ave
    Nanuet, NY 10954
    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

    Thank You for Inquiry
    52 College Ave, Nanuet, NY, 10954
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!