419–423 Route 59 – Retail Center

419–423 Route 59 is offered as a three-building retail and office center in Monsey, New York. The broker reports approximately 42,800 SF of buildings on 4.93 acres, constructed in 1988. The property was originally configured with 46 separately metered commercial units; tenant combinations have resulted in 28 functioning spaces. The mix includes retail, food service and professional office uses.

The asking price is $32,500,000, equivalent to approximately $759.35 per square foot based on the reported building area. The broker reports 100% leased occupancy. Buyers should review current leases, rent roll, expenses and property documentation with the listing team; no cap rate or NOI is represented here.

The broker identifies possible additional basement-storage income and potential future expansion or redevelopment. These are possibilities requiring independent financial, engineering, architectural and land-use review, rather than guaranteed income or approved development capacity. The building photographs and aerial imagery provide property context and do not establish legal parcel boundaries.