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60 S Main St 8,120 SF 85% Leased Office Building New City, NY 10956 $1,195,000 ($147.17/SF)
Executive Summary
Prime investment opportunity featuring 11 office units located in the heart of New City, New York’s Main Street corridor. This well-maintained property offers strong upside potential with below-market rents and the ability to significantly increase income through lease optimization. Ideal for a 1031 exchange buyer seeking stable long-term growth and value-add opportunity. The building showcases beautifully updated interior and exterior improvements, minimizing near-term capital expenditures. Strategically positioned within close proximity to shopping, dining, and professional services, providing excellent convenience and tenant appeal. A rare opportunity to acquire a centrally located asset with income growth potential and strong market fundamentals.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
8,120 SF
Building Class
B
Year Built
1965
Price
$1,195,000
Price Per SF
$147.17
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,060 SF
Slab To Slab
10’
Building FAR
1.86
Lot Size
0.10 AC
Zoning
Commercial - Full Service
Amenities
- Smoke Detector
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 392089-043-019-0002-067-000-0000 | Improvements Assessment | $87,300 |
| Land Assessment | $48,000 | Total Assessment | $135,300 |
Property Taxes
Parcel Number
392089-043-019-0002-067-000-0000
Land Assessment
$48,000
Improvements Assessment
$87,300
Total Assessment
$135,300
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60 S Main St
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