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Former Up Lounge and Venue at Nyack NY 91 Main St

8,168 SF 75% Leased Retail Building Nyack, NY 10960 £941,292 (£115/SF)

Investment Highlights

  • DMU-1 zoning, entitled to convert retail to mixed use
  • Currently fit out with Bars on all three floors, two patios and full commercial kitchen in LL
  • Self-supported, floating concert stage w/state-of-art sound system and LED lighting.
  • Completely renovated ADA Compliant, Elevator from LL to rooftop
  • Engineered for outdoor rooftop seating with river views.
  • $40.8M invested in surrounding infrastructure, commercial and residential development.

Executive Summary

EAC Properties is proud to present for sale 91 Main Street, an 8,168 SF free-standing building in the heart of Nyack, New York. Entitled for mixed use development 4 story with water views. Formerly used as a restaurant and music venue/lounge, this 2020-fully renovated building offers three stories of patron area, an atrium-style floor plan, a full commercial kitchen on the lower level, an American draft system, and street-facing balconies on each level. Fully ADA-compliant, with an elevator that runs from the lower level to the roof. Sweeping views of the Hudson with approvals for the roof-top patio. A cantilevered concert stage floats in the middle of the atrium, making it visible throughout the space. With major renovations completed in 2020, including a new roof, new kitchen equipment, updated electrical, fire, and plumbing, renovated bathrooms, refinished floors, and new acoustic ceilings on each level, to name just a few items. Each of the three levels has its bar, and patron restrooms are available on the 1st and 3rd floors. Accepting all reasonable offers. mixed used conversion buy-right. I deal for first floor retail/restaurant and apratsments above. Traditional financing and owner financing
Located in DMU-1 zone, this highly desirable mixed-use development area is already undergoing massive growth through public/private partnerships ($40.8M invested through DRI/NYF award!)

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,168 SF
Building Class
B
Year Built/Renovated
2004/2020
Price
£941,292
Price Per SF
£115
Percent Leased
75%
Tenancy
Multiple
Number of Floors
3
Building FAR
3.12
Land Acres
0.06 AC
Zoning
C-1
Parking
2 Spaces (0.24 Spaces per 1,000 SF Leased)
Frontage
40 ft on Main St

Amenities

  • Atrium
  • Restaurant
  • Tenant Controlled HVAC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Basement
  • 2,042 SF
  • Restaurant
  • -
  • Now
  • 1st Floor
  • 2,042 SF
  • Retail
  • -
  • 30 Days
  • 2nd Floor
  • 2,042 SF
  • Retail
  • -
  • 30 Days

Currently, the building is being renovated. The 2nd floor space will be ideal for various retail uses and opportunities.

  • 3rd Floor
  • 2,042 SF
  • Retail
  • -
  • 30 Days

Currently, the building is being renovated. The 3rd floor space will be ideal for various retail uses and opportunities.

Space Size Space Use Position Available
Basement 2,042 SF Restaurant - Now
1st Floor 2,042 SF Retail - 30 Days
2nd Floor 2,042 SF Retail - 30 Days
3rd Floor 2,042 SF Retail - 30 Days

Basement

Size
2,042 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size
2,042 SF
Space Use
Retail
Position
-
Available
30 Days

2nd Floor

Size
2,042 SF
Space Use
Retail
Position
-
Available
30 Days

3rd Floor

Size
2,042 SF
Space Use
Retail
Position
-
Available
30 Days

Basement

Size 2,042 SF
Space Use Restaurant
Position -
Available Now

1st Floor

Size 2,042 SF
Space Use Retail
Position -
Available 30 Days

2nd Floor

Size 2,042 SF
Space Use Retail
Position -
Available 30 Days

Currently, the building is being renovated. The 2nd floor space will be ideal for various retail uses and opportunities.

3rd Floor

Size 2,042 SF
Space Use Retail
Position -
Available 30 Days

Currently, the building is being renovated. The 3rd floor space will be ideal for various retail uses and opportunities.

Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
392403-066-038-0001-047-000-0000
Land Assessment
£66,753
Improvements Assessment
£213,909
Total Assessment
£280,662
  • Listing ID: 28776120

  • Date on Market: 16/06/2023

  • Last Updated:

  • Address: 91 Main St, Nyack, NY 10960

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