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Khalil Weathers

khalilw@kw.com +1(516) 990-2899

$5,000,000

Est. payment - /mo

10,018 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1049602

Rental Info No

Year Built 2025

Annual Tax Amount $2,351

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Office

Source onekey2

Property Description

Rare Monsey redevelopment opportunity! Rare Monsey institutional and redevelopment opportunity at 21 Rita Avenue. This historic property offers an exceptional setting to establish and grow in the heart of Monsey. This renovated brick building of useable 2 floors with a basement currently operates and includes a main floor, bathrooms, coffee room and complete amenities. Additional features include classrooms, a lunchroom, a functional bakery and kiosk and much more. Each complete floor contains approximately 2,500 square feet. The property provides the foundation for building a complete under one roof, with space for daily activities. The second floor consists entirely of finished income-producing offices, providing immediate rental revenue. Construction has also begun on the third floor, with the exterior walls already erected and the roof and remaining interior work ready to be completed. The existing building does not maximize the property's full potential. Additional buildable area may be available in front of the building, creating significant possibilities for expansion or redevelopment. The property is legal for school, commercial, and educational uses. Residential zoning also permits sleeping accommodations, offering further flexibility for institutional or residential occupancy. A buyer may continue operating the existing, develop a larger campus, complete the third floor, or explore a broader redevelopment, including potential multifamily residential use. Major multifamily residential use redevelopment potential with an approximately 45' × 100' buildable floor plate, approximately 4,500 square feet per level, with the potential for three floors plus a full basement totaling approximately 18,000 square feet. This is a unique opportunity to acquire a renovated, income-producing property with deep roots in Monsey's history and substantial future potential.

Location

State NY

County Rockland County

Rooms

Basement See Remarks

Interior

Heating Baseboard

Cooling Central Air

Fireplace No

Exterior

Parking Features Common

Fence Back Yard, Chain Link, Full, Wood

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 20

Building

Lot Description Back Yard, Front Yard

Foundation Brick/Mortar, Concrete Perimeter

Sewer Public Sewer

Water Well, Public

Structure Type Brick

Schools

Elementary Schools East Ramapo Early Chld Ctr At Kakiat

High Schools East Ramapo (Spring Valley)

School District East Ramapo (Spring Valley)

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by HomeCoin.com • Jonathan Minerick

NEARBY SCHOOL & BUSINESS

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Khalil Weathers

+1(516) 990-2899

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21 Rita AVE Monsey, NY 10952

Khalil Weathers

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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21 Rita AVE