Property profile

69 Main St New City, NY 10956

OFF-MARKET
Commercial land
Property ID
US63-0232684
0.36 ac lot
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 69 South Main Street in New City, NY, presents a unique investment opportunity. The building, classified as Class B, boasts a total of 42,000 square feet and is comprised of two suites within a retail and office complex. Currently, there is 2,400 square feet of vacant space available, ideal for a variety of businesses. One available suite offers 2,100 square feet of prime retail or office space, perfect for an executive office or similar use. The building features convenient amenities including elevators. The property's "Strip Center" subtype and multiple tenancy structure offer flexibility and potential for diverse income streams. Located in the vibrant New City, NY, at zip code 10956, this property benefits from high visibility and easy access. The address is 69 S Main St, with precise coordinates at latitude 41.1451719 and longitude -73.9903604. This is an immediate opportunity to secure a well-located and versatile commercial space in a thriving New York community. The property is ready for immediate occupancy. The available space presents a chance to establish a strong presence in a busy commercial area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.36 ac (15,682 SF)
Zoning code PO
APN 392089 43.15-1-39
UPID US63-0232684

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
  • Nail Salon

Location

69 Main St New City, NY 10956-3711
New City metro Census 10803 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
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2007
1 recorded transaction
2007
$180,000

Zoning & alternative use

PO · New City, 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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