Tappan NNN Properties For Sale

30-34 New St

Nyack, NY 10960

NNN Property
Retail for Sale
$3,665,983 CAD
7,495 SF

Air Conditioning

Nyack Retail for Sale - Orangetown

Exceptional mixed-use investment in the heart of downtown Nyack. This ±7,400 SF DMU-2 zoned building is anchored by two established commercial tenants — a full-scale laundromat and a 27-year operating auto repair/body shop — both to be delivered with new NNN leases in place. The property also includes a separate ±0.07 acre parking parcel, enhancing both utility and long-term redevelopment potential. The upper floors provide stable and value-add residential income. A 900 SF third-floor apartment is currently leased, generating immediate cash flow. In addition, the second floor has already been approved and zoned for two apartments (600 SF each), offering straightforward upside through conversion without further entitlement risk. On a pro forma basis, the building is modeled at a gross income of $241,500 and NOI of $213,675, equating to an investor valuation range of $2.75M–$3.16M at market cap rates. With a strong operating foundation, built-in residential upside, and a prime downtown Nyack location, this property combines present stability with future growth.

Contact:

ZORA REI

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-08-18

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NNN Property for Sale within 10 kilometers of Tappan, NY, USA

Nyack Retail for Sale - Orangetown

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NNN Properties For Sale

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