38 S Franklin Street Nyack, NY $ 1,350,000
38 S Franklin Street
$ 1,350,000
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38 S Franklin Street

Nyack, NY, 10960
$ 1,350,000
Baths0.0 Sq 5,357

Monthly Estimate*

$ 8,973

38 S Franklin Street, Nyack, NY 10960 - Image 1
38 S Franklin Street, Nyack, NY 10960 - Image 2
38 S Franklin Street, Nyack, NY 10960 - Image 3
Studio

Commercial Property for sale in Nyack, NY

for $1,350,000. This building is 5,357 square feet.

This outstanding investment opportunity in the heart of Nyack's downtown includes two buildings in one deal. The first building consists of a storefront with a 3-bedroom apartment above it, while the second building offers a spacious 2-bedroom apartments and a 3 bedroom apartment on the 2nd floor . In total, you have four income-generating units at your disposal, as well as an unfinished basement. Currently, the properties generate a monthly rent roll of $10,445 but with rental rates below market prices, you can easily increase it to $11,800. and this projection doesn't even take into account any potential improvements to the basement. Don't miss this promising investment right in the heart of Nyack's bustling downtown!

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,600

Style

Town/City

Nyack

County/Region

Rockland

MLS | Web ID

H6304713

Features
General
High School District Nyack
NumberOfUnitsTotal 4
Lot Size Units Acres
Building Area Units Square Feet
Middle/Junior School District Nyack
Elementary School District Nyack
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* Excluded Features
List By
Yoel Goralnik

Listing Agent

Erealty Advisors, Inc

Broker

yoel1193@gmail.com

Email

Affordability Calculator

$10,523
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$1,550
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4100584 Elementary School
4100161 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$1,350,000 Listed Price

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38 S Franklin Street, Nyack, NY, 10960 is a Commercial Property for sale at $1,350,000 with 5,357 sqft. 38 S Franklin Street is a studio with 0.0 baths. The property's zip code is 10960 which is in Nyack, NY