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27-29 Route 59 Nyack, New York offering memorandum SITE Purchase or Ground Lease Opportunity for User or Redevelopment Entity Located on retail thouroughfare between Palisades Regional Mall and the Historic Village Of Nyack 440 Mamaroneck Ave. Suite 504 Harrison, NY 10528 914.968.8500 rmfriedland.com
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Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

Apr 03, 2018

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Page 1: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

2 7 - 2 9 R o u t e 5 9Nyack, New York

o f f e r i n g m e m o r a n d u m

SITE

Purchase or Ground Lease Opportunity for User or Redevelopment Entity

Located on retail thouroughfarebetween Palisades Regional Mall and the Historic Village Of Nyack

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Page 2: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 2

Disclaimer

The information supplied in this offering memorandum is done so solely for the purpose of review by a prospective purchase or tenant (Prospect). RM Friedland LLC has made its best efforts to provide competent general information to outline this offering.

The material provided is subject to errors and omissions, and is based in part on sources deemed to be reliable. RM Friedland LLC nor the owner makes any warran-ties or representations expressed or implied as to the accuracy of the information provided regardless as to whether said information is supplied in writing, orally or electronically. No legal liability is assumed nor should be implied by the dissemina-tion of the following information. Prospect should do its own due diligence, evalua-tion and determination of the accuracy of all information to its own satisfaction.

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 3

Table of Contents

Contact Information

William L. Anson

Managing Director -Industrial Divison [email protected]

P: 914-968-8500 D: 914-363-7906

C: 203-984-0046 - (BEST) F: 914-968-1810

Executive Summary ........................................................ 4Property Survey ...............................................................5Tax Map ..............................................................................6Marketplace Aerial .......................................................... 7Trade Area ......................................................................... 8Location Map ....................................................................9Property Specifications ................................................. 10Zoning Map .......................................................................11Zoning Permitted Use Table ........................................ 12Zoning Dimensional Standards Table ....................... 17Zoning Parking Requirements Table .........................20Demographics .................................................................28

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 4

Executive Summary

* Information provide by Village of Nyack.

** Information provide by Nyack Chamber of Commerce

RM Friedland LLC has been retained as Exclusive Broker to sell the property located at 27-29 Route 59, Nyack, New York. The subject property consists of a .53 acres of land with 100’ of frontage on Route 59, immediately off Exit 11 of the I-87, NYST (New York State Thruway). Situated on the property is a 5,800 +/- sf industrial building built in 1960 which is split into two tenant units. Currently, the front unit is occupied by a machine shop and the rear unit is occupied by an auto mechanic. Each unit is independent of the other having separate meters, lavatories and exits. Ownership is prepared to sell to and work with a purchaser interested in redeveloping the property for a higher and better retail use.

Nyack is tucked on the West Shore of the Hudson River, Nyack is a small town rich in history, culture and charm – just ask the people who live here or friends who love to visit. Nyack is Art & Soul on the Hudson. Whether you are looking for an outdoor adventure, romantic getaway, artsy retreat or family fun, Nyack has it all. We are located just 20 miles north of New York City.*

Nyack is…

• an artistic and creative hub, providing unique opportunities to enjoy music, film, theatre, crafts and the visual arts

• a cultural center, steeped in the region’s rich history and unique architectural tradition

• a recreational destination, for sailing, kayaking, fishing, cycling, hiking, swimming, and relaxation

• a commercial center, known for its unusual gifts, jewelry, antiques, clothing boutiques and funky “a-bit-of-everything” shops

• a haven for gourmets, gourmands and foodies of all persuasions, offering an impressive array of cuisines for fine dining, take-out, catering and cooking at home

• a vibrant center for entertainment and nightlife at the pubs and late-night eateries.**

Visit the Village of Nyack Chamber of Commerce at: http://nyackchamber.org/

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 5

Property Survey

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 6

Tax Map

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 7

121,052 AADT

116,9

47 A

AD

T

25,582 AADT

30,906 AADT

29

,80

7A

AD

T

87

87

87SITE

PALISADES CENTER20 Million Visiters Per Year

400+ Stores | 2.2 Million SF GLA

Hub Shopping Center

5959

59

303

303

Marketplace Aerial

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 8

PALISADES CENTER20 Million Visiters Per Year

400+ Stores | 2.2 Million SF GLA

TARRYTOWN

PIERMONT

IRVINGTON

BLAUVELT

SPRING VALLEY

PEARL RIVER

CHESTNUTRIDGE

MONTVALE

NANUET

W. NYACK

NYACK

UPPER NYACK

SPRING VALLEY MARKETPLACE

NEW YORKNEW JERSEY

HUDS

ON R

IVER

TAPPAN ZEE BRIDGE

PALISADESINTERSTATE

PARKWAY

59

59

59

Hub Shopping Center

SITE

THE SHOPS AT NANUETROCKLAND SHOPPING CENTER

141,228 AADT

121,052 AADT

126

,94

7 AA

DT

29,8

07 A

AD

T

25,582 AADT

41,157 AADT

22,182 AADT

Trade Area

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 9

SITE

Location Map

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 10

Property Specifications

Address:27-29 Route 59, Nyack, New York 10960

Property I.D.Block & Lot: 65.35-1-16

Lot Size:.53 +/- acres, approx. dimensions – 100’ X 220’

Building Size:5,750 +/-

Description:One story commercial building split into two rental units.

Ceilings:Front – 10’, Rear – 14’

Loading:Front – 1 drive-in, Rear -2 drive-ins

Power: Front 400 amp service, Rear – 200 amp service

Heat:Gas, separate meter each section

Zoning:CC – Corridor Commercial District, Village of Nyack

Asking Sale Price:$1,550,000.00

Asking Lease Rate:$13,000 per month NNN, ground lease

Taxes: $32,509.54

Town of Clarkstown, Town & County 2016 $9,710.56

VillageofNyack,fiscalyr.06/01/16-05/31-17 $3,669.05

NyackSchoolTax,fiscalyr.07/01/16–06/30/17 $19,129.93

Contact:William L. Anson [email protected] P: 914-968-8500 C: 203-984-0046

SITE

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Permitted Use Table

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SITE

Page 12: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Permitted Use Table

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Page 13: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Permitted Use Table

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Page 14: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Permitted Use Table

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Page 15: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Permitted Use Table

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Page 16: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Permitted Use Table

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Page 17: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Dimensional Standards Table

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Page 18: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Dimensional Standards Table

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Page 19: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Dimensional Standards Table

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Page 20: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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Page 21: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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Page 22: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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Page 23: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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Page 24: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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Page 25: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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Page 27: Nyack, New York - LoopNetimages4.loopnet.com/d2/qYrpaBFGgK7WuY-qxAos1xM… ·  · 2016-12-08Nyack, New York offering memorandum SITE ... industrial building built in 1960 which is

440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com

Zoning Parking Requirements Table

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 28

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 29

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 30

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 31

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 32

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 33

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 34

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 35

Demographics

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440 Mamaroneck Ave. Suite 504 • Harrison, NY 10528 • 914.968.8500 • rmfriedland.com 36

Demographics