70 Broadway Nyack, NY 10960-2652
This exceptional investment property presents a rare opportunity to acquire a substantial multi-family portfolio in the vibrant town of Nyack, NY. Located at 70 S Broadway, this offering encompasses 5,125 square feet of space distributed across four buildings situated on two tax lots within a single 0.07-acre parcel. The property's centerpiece is arguably the largest and most impressive two-level storefront on Broadway, offering significant potential for retail or commercial ventures. The substantial rental income is generated by eleven individual apartments, providing a stable and potentially lucrative cash flow. The property's long-term ownership history, with this being its first appearance on the open market in many years, speaks to its enduring value and stability. This unique combination of commercial and residential space presents a compelling investment opportunity for discerning buyers seeking a high-yield property in a desirable location. The property's size and location on a busy thoroughfare offer significant upside potential for future development or expansion. The dual tax lots provide flexibility for future planning and potential redevelopment opportunities. This is a truly unique offering, ideal for investors seeking a strong return on investment in a thriving Hudson Valley community. Serious inquiries are encouraged to explore the full potential of this remarkable property.
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
R-O · Nyack, NYCosts & 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.