Log In/Sign Up
Your email has been sent.
20 S Broadway 20,000 SF 100% Leased Retail Building Nyack, NY 10960 $8,212,380 CAD ($410.62 CAD/SF) 5% Cap Rate
Investment Highlights
- Value add opportunity
- Great rent roll
- Excellent condition
Executive Summary
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!
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$636,459
|
$31.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$636,459
|
$31.82
|
| Taxes |
$129,913
|
$6.50
|
| Operating Expenses |
$96,627
|
$4.83
|
| Total Expenses |
$226,540
|
$11.33
|
| Net Operating Income |
$409,920
|
$20.50
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $636,459 |
| Annual Per SF | $31.82 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $636,459 |
| Annual Per SF | $31.82 |
| Taxes (CAD) | |
|---|---|
| Annual | $129,913 |
| Annual Per SF | $6.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $96,627 |
| Annual Per SF | $4.83 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $226,540 |
| Annual Per SF | $11.33 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $409,920 |
| Annual Per SF | $20.50 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
C
Year Built
2008
Price
$8,212,380 CAD
Price Per SF
$410.62 CAD
Cap Rate
5%
NOI
$410,619 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.70
Lot Size
0.17 AC
Zoning
C1 - Commercial
Parking
10 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
63’ on S Broadway
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Tamarind
- Accommodation and Food Services
- 5,000 SF
- $41.13 CAD
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Tamarind | Accommodation and Food Services | 5,000 SF | $41.13 CAD | Triple Net | - |
Walk Score®
Walker's Paradise (93)
Nearby Major Retailers
Property Taxes
| Parcel Number | 392403-066-038-0001-054-000-0000 | Total Assessment | $1,196,735 CAD (2024) |
| Land Assessment | $305,775 CAD (2024) | Annual Taxes | $129,913 CAD ($6.50 CAD/SF) |
| Improvements Assessment | $890,960 CAD (2024) | Tax Year | 2026 |
Property Taxes
Parcel Number
392403-066-038-0001-054-000-0000
Land Assessment
$305,775 CAD (2024)
Improvements Assessment
$890,960 CAD (2024)
Total Assessment
$1,196,735 CAD (2024)
Annual Taxes
$129,913 CAD ($6.50 CAD/SF)
Tax Year
2026
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
20 S Broadway
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.