Listed by Rand Commerical, Rand Commercial
$1,200,000
8 N Broadway
Details
APN 392403-066-038-0001-032-000-0000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 5
NOI $87,204
Year Built 1920
Acreage 0.060
Zoning DMU-1
Multifamily | 5 Units
Marketing description
Located in the heart of downtown Nyack, this building offers a compelling opportunity to acquire a fully leased mixed-use building in one of Rockland County’s most walkable river villages.
The property comprises approximately 5,285 square feet across three stories, featuring street-level retail space and four (4) one-bedroom residential apartments above. The building is 100% occupied, providing immediate, stabilized income with diversified revenue streams.
Originally constructed in 1920 with masonry construction, the property has been fully sprinklered throughout, including all residential units, and the entire building underwent an updated fire and life-safety inspection in 2020/2021, enhancing long-term operational reliability and lender appeal.
Situated on North Broadway with approximately 75 feet of frontage, the property benefits from exceptional visibility and foot traffic. The location boasts a Walk Score of 93 (“Walker’s Paradise”), placing tenants within immediate proximity to Nyack’s restaurants, shops, and transit options. The site encompasses approximately 0.06 acres and is zoned DMU-1 allowing for a broad range of commercial and residential uses.
Listing Contacts
Listed by Rand Commerical, Rand Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,204.00
$7,267.00/mo
Valuation Metrics
0
DSCR
7.27%
Cap Rate
7.27%
ROI
Map
Zoning
DMU-1 MixedMixed UseDowntown Mixed Use 1
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View all 78 uses
View all 78 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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