291-303 Rt 59

West Nyack, NY, 10994

$2,940,000

$2,940,000
Active
Active
 - For Sale
property_type
Commercial
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.
MLS® ID:
H6181914
Listed:
4/27/22
Updated:
7/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Natural Gas, Forced Air

Other Property Details

Taxes
$70586
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Rockland
Water Source
Public
Pool
No

 

Courtesy of Triforce Commercial RE LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tuxedo Park Fine Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:17 AM UTC, 7/6/22

  

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