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Positioned at the heart of Rockland County’s most traveled commercial corridor, 170 Route 59 delivers a rare opportunity to own a free-standing, high-visibility building in the thriving Village of Spring Valley. This 4, 830 SF office property combines institutional credibility, modern functionality, and long-term investment appeal — the ideal asset for an owner-user or visionary investor seeking exposure, access, and growth potential. Situated on a 0. 39acre parcel with dual access points and direct frontage along New York State Route 59, and exit on Dutch Lane, this property commands daily visibility from approximately 25, 000 – 35, 000 vehicles per day. Route 59 serves as Rockland’s primary east-west artery, connecting Suffern, Spring Valley Nanuet, Nyack, and the New York State Thruway (I-87/I-287). The building’s strategic location offers immediate connectivity to Route 304, the Palisades Interstate Parkway, and the NYS Thruway, positioning it within minutes of key retail, financial, and residential centers throughout Rockland County. Designed with a masonry and glass façade that projects strength and professionalism, the building features a flexible single-story layout perfectly suited for financial, medical, or professional use. The interior currently includes a welcoming lobby and teller area, multiple private offices, a conference room, IT center, secure vault, and administrative workspace — all easily adaptable for single-tenant or multi-tenant occupancy. Exterior features include an asphalt parking lot with 20 spots, providing ample customer and staff parking, high-impact signage, and excellent curb appeal along Route 59. The site is zoned GB – General Business, allowing a broad range of professional and retail uses including medical, banking, insurance, law, accounting, or boutique office/showroom. Its corner lot configuration and strong vehicular exposure make it one of the most versatile parcels in the corridor for either continued institutional use or redevelopment into a high-value commercial or mixed-use concept.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.235% | 6.058% |
| Monthly Tax Payment | $5,453 | $5,453 | $5,453 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,898 | $17,013 | $23,439 |
| Total Monthly Payment | $21,476 | $22,591 | $29,017 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.