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Active - Mixed Use for sale
38 S Franklin Street, Nyack, NY 10960
Facts & features
Why you’ll love it
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 two spacious 2-bedroom apartments. 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 $9,247, but with all tenants on month-to-month leases and rental rates below market prices, you can easily increase it to $11,900. 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!
Listed by: Lezer Levi • lezer@greentriangleteam.com • Keller Williams Hudson Valley
Co-listed by: Keller Williams Hudson Valley
Come see by yourself
Affordability
$8,157/mo
- Mortgage$6,574
- Property tax$1,583
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Nyack
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
