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31690171
31690172

298 NY-59, Nyack, NY 10960

SF
NJ New Jersey
Terrie O'Connor Realtors
Listed by Terrie O'Connor Realtors
$55,000
50 days on market
Updated 29 days ago

Grand Nyack Mall

Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 750
Net Rentable (SqFt) 750
Units 1
Cap Rate 40%
NOI $22,000
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 11/30/2029
Remaining Term 3.5
Broker Co-Op Yes
Year Renovated 2025
Stories 1
Zoning Retail
Lease Commencement 12/10/2024
Ownership Private

Business for Sale | 40.00% CAP | 750 SqFt

Marketing description

Fantastic opportunity to own a modern, recently renovated nail salon in the highly desirable Grand Nyack strip mall. This salon is ideally positioned in a busy commercial area with excellent visibility and high car traffic, surrounded by well-established neighboring businesses including a hair salon, dry cleaners, music store, and a popular psychic—creating steady foot traffic throughout the day. The space features a clean, contemporary design with recent upgrades, offering a welcoming and upscale environment for clients. Located in a thriving retail corridor, the salon benefits from strong exposure, convenient parking, and a loyal local customer base. Perfect for an owner-operator or investor looking to step into a turnkey business in a proven location. The surrounding mix of retail and service businesses helps drive consistent walk-in traffic and repeat clientele.

Investment highlights

High-traffic, multi-unit retail strip mall, plenty of parking, beautifully built-out, sold with all equipment/ staff/ product/ book of business

Listing Contacts

SF
NJ New Jersey
Terrie O'Connor Realtors
Listed by Terrie O'Connor Realtors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$22,000.00
$1,833.33/mo

Valuation Metrics

0
DSCR
40%
Cap Rate
40%
ROI

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