Coming SoonNew
$885,000
4 Bed • 2 Bath
5 Central Avenue
Tappan, NY 10983
Listed with R2M Realty Inc.
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60 S Main Street
$1,195,000
Est. $8,382/moNew City, NY 10956 · Rockland County
- Status
- Active
- On site
- 139 days
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About this home
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.
- Type
- Business
- Year built
- 1965
- Lot size
- 0.1 acres
- Annual taxes
- $27,553
- County
- Rockland County
- School district
- Clarkstown
- Listed
- May 1, 2026
- MLS #
- 993631
- Appliances
- None
- Basement
- Partial
- Heating
- Forced Air
- Cooling
- Central Air
- Parking
- None
- Sewer
- Public Sewer
- Water
- Public
As reported by the listing office; verify enrollment with the district.
- Elementary
- New City Elementary School
- Middle
- Felix Festa Achievement Middle Sch
- High school
- Clarkstown North Senior High School
Listed with Ellis Realty Commercial · Hamid Moghadam · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 3:09 PM ET. ©2026 One Key MLS.
Estimate Your Monthly Payment
Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.
$8,382.34Total / mo
Estimated Monthly Payment
- Principal & interest
- $5,886.26 (70.2%)
- Taxes
- $2,296.08 (27.4%)
- Insurance
- $200.00 (2.4%)
Representative rates
Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.
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Market Insights
The market around New City, NY
Current Listings
New in the last 30 days
29
Sep 2026
Average Price
Active listings
$1,078,390
Sep 2026
Average Days on Market
Active listings
101 days
Sep 2026
Computed from 145 active OneKey MLS listings in New City, NY.
