THE CORNERSTONE OF NYACK - Have you ever visited a thriving river town village and imagined what it would be like to own the most iconic building in the town? Well.

this reality is presenting itself now with the launch of 1-3 South Broadway, Nyack's most prized possession, seeking its next steward to restore and reimagine. This 12, 000+ SF mixed-use double building is conveniently located at the corner of Broadway and Main Street, the epicenter of Nyack, known for it's vibrant culture, shops, restaurants and all the amenities the river town village has to offer. Projected rent roll can exceed $400K per year after conversion to 6+ residential apartments. Located one block from the Hudson River, public transportation to NYC, Nyack Marina, minutes to Hook Mountain, 10 minutes to Metro North Train Line and a quick 30 minute drive to Brand new York City. This 12, 075 SF building is massive, with a grand c enter entry to the second and third floor between the two commercial storefronts. The current building setup is two commercial storefronts on the first floor, totaling approximately 3, 475 SF, one currently occupied as an antique shop (month to month lease), which was a former health food store and the second commercial space is Broadway Bistro (leased until February 2027).

The second floor, approximately 2, 700 SF, is currently zoned for office space with 12' ceilings. The third floor, approximately 2, 700 SF, is set up with two large three bedroom residential apartments (month to month leases), showcasing prime river views, exposed brick and 12' ceilings as well. The approximate 3, 200 SF finished basement formally housed commercial spaces as well, including the famed Nirvana Bookstore. Anyone visiting Nyack over the last 50+ years clearly remembers the iconic art murals that were painted along the side facade of this building. Although this is the current setup now, the development possibilities for this location are endless, with the potential to convert second and third floor into numerous Soho style luxury apartments, including roof decks with mesmerizing river and Tappan Zee Bridge views. Another potential opportunity includs converting the basement or expanding the second and third floors allowing more interior square footage and outdoor space. This is like having an opportunity to buy two buildings, side by side, for the price of one and recreate the anchor of Nyack. 1-3 South Broadway, Nyack, NY is being delivered primarily tenant free, in preparation for its next evolution. Parking available for $75/month in nearby lot. Building will be sold strictly as is and any buyer who would like to tour must show proof of funds or pre approval due to showing demands.

Request Information
on 1 S Broadway Apt 3
in Nyack, NY
Presented by Adam Blankfort at
Corcoran Baer & McIntosh.


Property MLS #60a1a328-a598-4c96-aca4-9d331cf609df from CorcoranGroup

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+ Bathrooms

Total Bathrooms: 0

+ Land Info

Lot Size Acres: 0.09
Lot Size Square Feet: 3920

+ Other Property Info

Source Listing Status: Pending
County: Rockland County
Tax Year: 2022
Source Property Type: Residential
Postal City: Nyack
Source System Name: C2C
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Price Changed 2024-04-15
$1,795,000
CorcoranGroup

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Listed 2024-03-19
$1,995,000
CorcoranGroup

+ Utilities

Sewer: City
Water Source: City Water

+ Building and Construction

Building Area Total: 12075
Building Area Units: Square Feet
House Style: Other Style

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Nyack Senior High School is a public high school located approximately 1.3 miles away.
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St. Ann School is a private elementary and middle school located approximately 0.2 miles away.
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Nyack Middle School is a public middle school located approximately 0.6 miles away.
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Upper Nyack School is a public elementary school located approximately 0.8 miles away.
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