USANYMonsey419 Route 59
View of commercial location featuring a parking lot | Image 1
Link Copied
$32,500,000

423 - 419 Route 59, Monsey, NY

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $146,909
Days Active 1
Approx. Age 
MLS® Number 893487

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present an exceptional opportunity to acquire a flagship commercial asset located at 419-423 Route 59 in Monsey, New York. This is a true legacy property, being offered for sale for the first time since its original construction in 1988. Comprising three buildings totaling approximately 42, 800 square feet, the property sits on 4.93 acres of high-profile commercial land. Originally built with 46 separately metered commercial units, several have been combined over time by tenants to create 28 currently functioning spaces. The mix of uses includes retail, food service, and professional offices, making the center a staple destination within the Monsey business community. The property is currently 96% leased, with a deal actively being negotiated to bring the remaining space to full occupancy. The tenancy is stable, with a blend of national and regional operators, and many long-term occupants in place. The buildings have been well maintained over the years and offer ample parking, strong street visibility, and convenient access to the broader Rockland County area. There is also upside potential in untapped basement storage income. Additionally, although subject to verification by an engineer or architect, the property offers limitless future potential in terms of possible expansion or redevelopment. Its scale, location, and underlying land value make this offering particularly compelling for both long-term investors and strategic users alike. This is a rare offering in the heart of Monsey’s thriving commercial core—ideal for investors seeking scale, stability, and value-add opportunities in one of the most in-demand markets in the region.Show Description
MLS® Number893487
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CElectric
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing