NY
Rockland
Nyack
10960
38 S Franklin Street
38 S Franklin Street, Nyack, NY 10960
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$1,300,000

Home Details for 38 S Franklin Street

Price
$1,300,000
Type
Commercial Sale
Year built
1900
Lot size acres
0.09
County
Rockland
Basement
Full
MLS Listing#
989386
Property Description

Atantion investers ! 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 $10,800 but with rental rates below market prices, you can easily increase it to $13,000. and bring it to a 9.5 cap 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

Property Features
  • Heating Information
    • Baseboard
    • Heat Pump
    • Natural Gas
  • Waterfront and Water Access
    • Waterfront Access
  • Cooling Information
    • Wall/Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Garage
    • 1
  • Parking
    • Attached
  • Basement
    • Full
Listing Courtesy: eRealty Advisors, Inc - 914-712-6330
Presented by: Yoel Goralnik
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
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Median Listing Price
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Market statistics compiled from data from OneKey MLS.
EXIT REALTY PRIVATE CLIENT
75 South Broadway, Suite 430, White Plains, NY 10601
Office
914 222 1000
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