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291-303 Rt 59

West Nyack, NY 10994
  • $2,940,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: H6181914
$2,940,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

9,960 +/- SF, 6 unit retail strip center situated on 1 acre of land. The property is located directly across from the Palisades Center Mall, the second largest shopping mall in the New York metro area. Route 59 is the busiest commercial corridor in Rockland County, with over 850,000 vehicles passing annually as per the NYS DOT. The next owner can add additional revenue by converting the existing modified gross leases to NNN upon lease expiration. Three of the current tenants: Michael's Tuxedos, Palisades Kitchens, and Top Nails are on a Modified Gross lease structure, One Tenant, Romantic Depot is currently on a NNN lease. The two additional tenants: Pro Contractors and the Psychic are currently Month to Month. Additional value may be achieved through light cosmetic upgrades to the property's exterior and improvements to the parking lot, as rents for premium commercial spaces along Clarkstown's Route 59 corridor are starting to rebound.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2022-06-25T00:17:42.63.
www.goldstarpremier.com/homes/128169119
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291-303 Rt 59 West Nyack, NY 10994

  • Price: $2,940,000
  • Status: Active
  • On Site: 57 Days
  • MLS #: H6181914
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Clarkstown
County:
Rockland
Area:
Clarkstown
Property Description
9,960 +/- SF, 6 unit retail strip center situated on 1 acre of land. The property is located directly across from the Palisades Center Mall, the second largest shopping mall in the New York metro area. Route 59 is the busiest commercial corridor in Rockland County, with over 850,000 vehicles passing annually as per the NYS DOT. The next owner can add additional revenue by converting the existing modified gross leases to NNN upon lease expiration. Three of the current tenants: Michael's Tuxedos, Palisades Kitchens, and Top Nails are on a Modified Gross lease structure, One Tenant, Romantic Depot is currently on a NNN lease. The two additional tenants: Pro Contractors and the Psychic are currently Month to Month. Additional value may be achieved through light cosmetic upgrades to the property's exterior and improvements to the parking lot, as rents for premium commercial spaces along Clarkstown's Route 59 corridor are starting to rebound.
Interior Features

Cooling Central Air Cooling YN Yes

Property Features

Business Type Retail Property Sub Type Retail Property Type Commercial Sale Tax Annual Amount 70586.00 Township Clarkstown Zoning Description Rs

Listing courtesy of Jason Horowitz of Triforce Commercial Re Llc.
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Goldstar Premier Properties. Data last updated: 2022-06-25T00:17:42.63.
 
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