$32,500,000

419-423 Route 59, Monsey, NY 10952

  • 42,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4.93acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $759/sqft
  • Property List Date Icon Listed 4 days ago

Property 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.

Listing Status:
Active
Listing Office:
Triforce Commercial RE LLC : 845-450-6500
MLS ID:
893487
  • A/C: Electric
  • Heating: Electric

This listing courtesy of Triforce Commercial RE LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

E

Elmwood Elementary School

43 Robert Pitt Dr, Monsey, NY, 10952

Grades KG-6

1.09 miles away

K

Kakiat Elementary School

465 Viola Rd, Spring Valley, NY, 10977

Grades 4-8

2.08 miles away

S

Spring Valley High School

361 W Route 59, Spring Valley, NY, 10977

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.