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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUN 29 2025 AT 7:36 AM.

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38 S Franklin St

nyack, NY 10960

$1,100,000

    INTERESTED? LET'S CONNECT

    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 $10,500, which makes it an over 8.5 cap rate on the net income. Don't miss this promising investment right in the heart of Nyack's bustling downtown!

    Details

    5,357 Sq Ft

    3,920 Sq Ft Exterior Space

    Commercial

    $21,971 Annual Tax

    Built in 1900

    MLS/Listing ID 859800

    4 Units

    Amenities & Features

    River Access

    Parking - Driveway

    Heating - Baseboard

    Cooling - Wall/window unit(s)

    Construction - Frame

    Listing Courtesy of KELLER WILLIAMS HUDSON VALLEY, LEZER LEVI - 845-517-8681

    ONEKEY

    Source of Data: ONEKEY MLS

    Interested in 38 S Franklin St?