Monsey, NY 10952 419-423 Route 59
$32,500,000

Home Details
We are pleased to present an exceptional opportunity to acquire a flagship commercial asset located at 419-423 Route 59 in Monsey, New York. This is a true legacy property, being offered for sale for the first time since its original construction in 1988. Comprising three buildings totaling approximately 42,800 square feet, the property sits on 4.93 acres of high-profile commercial land. Originally built with 46 separately metered commercial units, several have been combined over time by tenants to create 28 currently functioning spaces. The mix of uses includes retail, food service, and professional offices, making the center a staple destination within the Monsey business community.
The property is currently 96% leased, with a deal actively being negotiated to bring the remaining space to full occupancy. The tenancy is stable, with a blend of national and regional operators, and many long-term occupants in place. The buildings have been well maintained over the years and offer ample parking, strong street visibility, and convenient access to the broader Rockland County area. There is also upside potential in untapped basement storage income. Additionally, although subject to verification by an engineer or architect, the property offers limitless future potential in terms of possible expansion or redevelopment. Its scale, location, and underlying land value make this offering particularly compelling for both long-term investors and strategic users alike.
This is a rare offering in the heart of Monsey’s thriving commercial core—ideal for investors seeking scale, stability, and value-add opportunities in one of the most in-demand markets in the region.
Interior Features for 419-423 Route 59
Other Interior Features
Basement (Y/N)No
General for 419-423 Route 59
AttributionContact845-450-6500
Building Area UnitsSquare Feet
Business TypeRetail
CityRamapo
Construction MaterialsBrick
CoolingElectric
CountyRockland County
HeatingElectric
Lot Size Square Feet193842
ModificationTimestamp2025-07-25T07:44:36.849Z
Number Of Units Total46
Parcel Number392621-056-014-0002-001-000-0000
PostalCityMonsey
Property Attached Y/NNo
Property SubtypeRetail
Property TypeCommercial Sale
SewerOther
Standard StatusActive
StatusActive
Tax Annual Amount146908.74
Tax Assessed Value554700
Tax Year2024
UtilitiesElectricity Available
Zoning05
Exterior for 419-423 Route 59
Building Area Total42800
Lot Size Acres4.93
Lot Size Area193842
Water SourceOther
Waterfront Y/NNo
Additional Details
Price History
Gregory Berkowitz
Licensed Real Estate Salesperson