78 S Middletown Rd, Nanuet, NY 10954
- Investment properties
- 8,374 SF
- 0.76 lot acres
Current Use by Public Records
- theMEDibar / Spa & Massage Center / Alternative Medicine Practice
- Vogue Salon / Hair Salon / Nail Salon
- Venus & Venom MEDIspa / Spa & Massage Center / Alternative Medicine Practice
Property Details for 78 S Middletown Rd
- Year built
- 1975
- Lot size
- 0.76 lot acres
- Zone code
- CS
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 392089 64.5-1-29
- APU
- 392089645129
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 2, 2013 | $1,400,000 | Sdl Of Nanuet LLC | 78 South Middletown Holding Ll | Grant Deed | $423k · Paul G & Debra M Whalen |
| Apr 1, 2004 | — | Paul G Whalen | Whalen,paul G | Quit Claim Deed · related | — |
Description
This exceptional 7,818 square foot retail building presents a compelling investment opportunity in the thriving Nanuet, NY market. Strategically located directly across from the Shops of Nanuet and conveniently situated off Route 59, this property boasts unparalleled visibility and accessibility. The 0.76-acre lot ensures ample space for potential expansion or outdoor amenities. The building itself offers a versatile layout, with 2,200 square feet readily available for immediate occupancy by a new owner. The remaining space is currently occupied, generating existing income. This high-traffic location guarantees significant exposure to a large and diverse customer base, making it ideal for a variety of retail businesses. The property's prime position near a major shopping center and a busy thoroughfare ensures consistent foot traffic and strong brand visibility. This is a rare chance to acquire a well-situated, established commercial property in a highly desirable area with significant growth potential. The building's size and location make it an attractive option for both owner-occupiers and investors seeking a strong return on investment. This is a turnkey opportunity to establish or expand a business in a bustling commercial hub.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,140,000
- 6.5%
- $1,055,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,058,000
Market price range: $678k - $2.06M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nanuet
- County
- Rockland
- State
- New York
- Longitude
- -74.0118
- Latitude
- 41.0943
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
