38 S Franklin Street, Nyack, NY 10960

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0 Beds 0 Baths 0 Partial Bath 0.09 Acres

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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

38 S Franklin Street | MLS# 989386

This commercial property located at 38 S Franklin Street, Nyack, NY 10960 is currently listed for sale with an asking price of $1,300,000. Search Nyack real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial -

Basement: Full

Basement: Yes

Cooling: Wall/Window Unit(s)

Heating: Baseboard, Heat Pump, Natural Gas

Lot Size: 0.09 Acres

Stories: 2.0

Taxes: $21,000

Year Built: 1900

Feature Descriptions

Appliances: Electric Water Heater

Building Area Total: 5357

Cap Rate: 8

Days on Site: 1

Exterior: Frame

Flooring: Hardwood

Lot Features: Corner Lot

On Market Date: 2026-04-22

Parcel Number: 392403-066-037-0002-050-000-0000

Parking Features: Attached

Parking Total: 2

Rental Term: Monthly

Road Responsibility: Public Maintained Road

Security: yes

Security Features: Security System

Seller Concession: Yes

Sewer: Public Sewer

Tenant Pays: All Utilities

Units: 4

Utilities: Natural Gas Available

Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

38 S Franklin Street, Nyack, NY 10960

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/24/2026. The listing information on this page last changed on 04/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/24/2026 12:15:09 AM EST) or Global MLS (last updated Fri 04/24/2026 12:07:50 AM EST) or New York State Alliance MLS (last updated Fri 04/24/2026 12:10:45 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 04/24/2026 12:11:17 AM EST) or OneKey MLS (last updated Fri 04/24/2026 12:07:37 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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38 S Franklin Street, Nyack, NY 10960

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Property Description

38 S Franklin Street | MLS# 989386

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Property Features

Feature Descriptions

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38 S Franklin Street, Nyack, NY 10960

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38 S Franklin Street, Nyack, NY 10960

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