20 S Broadway - Storefront Retail/Residential FOR SALE


Nyack, NY 10960
$6,000,000 USD
347-273-1258
20 S Broadway, Nyack, NY for Sale
$6,000,000 USD
Storefront Retail/Residential - FOR SALE
1/33
null | 5% Cap Rate

20 S Broadway
Nyack, NY 10960


HIGHLIGHTS

  • Value add opportunity
  • Excellent condition
  • Great rent roll

OVERVIEW

This is a sale of real property pursuant to a Bankruptcy Court confirmed plan of liquidation. We are pleased to present this prime Mixed-Use Building located in the heart of Nyack, NY; Rockland County's most desirable waterfront village along the Hudson.  Newly constructed in 2008, this elevatored building brings mid-century and modern design elements to the corner of Church Street & South Broadway.  With high visibility and exposure from both pedestrian and vehicular traffic, this sprinklered masonry building consists of 20,000 SF. 15,000 SF is distributed over the street level and 2 stories above.  The sole NNN retail tenant occupies the entire 5,000 SF of space on the ground floor.  The 10,000 SF of residential SF on the upper 2-floors is composed of 10-units; 6 of which are defined by 2-beds and 1-bath, and the remaining 4 are defined by 1-bed and 1-bath.  Each residential unit, individually metered for electric, and can be accessed from both the entrances on S Broadway and the parking lot.  3 residential units will be delivered vacant at closing!

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C1

APN/PARCEL ID

392403-066-038-0001-054-000-0000

ASK ABOUT THIS PROPERTY

Marc YaverbaumMYC & Associates IncMore Info
347-273-1258

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Marc YaverbaumMYC & Associates IncMore Info
347-273-1258

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.