Overview
CAPITAL CORNER - Positioned on a prominent corner in the heart of the village, 169 Sickles Ave in Nyack offers an exceptional mixed-use investment opportunity: a versatile 3, 826 SF building configured as 4 income-producing units (3 residential & 1 commercial), with the added edge of a substantial parking lot & terrific street visibility. You can simply keep the property as is, or consider turning it into a larger scale development, capable of housing 23-25 rental units with variances. Just 45 minutes from the heart of NYC, this address places you within easy reach of the city’s pulse while enjoying the full village-scale energy of Nyack. Nyack has long been prized for its walkable downtown, lively mix of cafes, restaurants & boutique shops. From specialty coffee houses & artisanal bakeries, to relaxed eateries & destination dining, the village boasts a spectrum of food & social scenes. Just across the street lies Montefiore Nyack Hospital, the village’s major medical campus, making this location especially compelling for owner-users, future business operations, or tenants who serve hospital staff, visiting professionals or patients’ families. The ground-floor has a long-standing successful deli, generating consistent foot traffic (especially when the hospital cafe closes) & reinforcing the synergy of retail at street level, with three residential apartments attached. The building sits on a corner lot, delivering high visibility, signage potential and strong curb appeal - essential in both retail & service-driven uses. Behind the building lies an expansive parking lot capable of accommodating 10+ cars, an increasingly rare asset in walkable village zones. Three separate gas & electric meters give you neatly segregated utilities for each unit, ideal for streamlined management. The two downstairs residential units are configured as studios, and with minimal reconfiguration, could be combined into a larger unit, offering flexibility in housing mix & rental income. Upstairs sits a large and impressive 2 bedroom residence (currently owner-occupied) that could be brought to market or converted to another use, unlocking additional upside. From a zoning standpoint, 169 Sickles Ave lies within a zone that accommodates mixed residential and commercial uses in the village of Nyack. This property is in R-1 Zoning, expressly designed to allow retail, personal service & multifamily residential combinations in the heart of the village. For investors & developers alike, the possibilities are compelling as the site could accommodate as much as 25 rental units with variances. The existing rental income of $5, 610 per month from the 3 units establishes a strong base cash flow today, with incremental upside by bringing the currently owner-occupied top unit to market. The corner lot and zoning flexibility provide a future development opportunity in an incredible location across from a hospital and 60 seconds to the NYS Thruway. 169 Sickles Ave is a strategic asset located where commerce, service-provider demand & residential lifestyle intersect. Whether it’s a morning coffee or an evening out, the neighborhood reflects the kind of village vitality that modern tenants & business owners seek. With easy access to the region’s major highways, this property offers local charm & metropolitan connectivity. For the buyer who sees both current cash flow and tomorrow’s value-add, the invitation is open.