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    2 Undine St Colonie, NY 12205

    For Sale
    $1,100,000

    COMMERCIAL - Other - Colonie, NY

    Lot size:
    1.53 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 2 Undine St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    012689 53.7-4-54
    Parking
    75
    Parking features
    Off Street
    Lot size
    1.53 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Roof type
    Asphalt
    Architectural style
    Other

    Clancy Real Estate, LLC (518) 861-7016 [email protected]

    Listing agent Kevin Clancy (518) 461-9937 License #35CL0831623

    Listing date Sep 4, 2025

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property with Income Potential

    This investment opportunity in the Town of Colonie includes four parcels. The properties, located at 2 Undine St, 5 Norton St, 7 Norton St, and 15 Norton St, are being sold together. The package features three single-family rentals generating approximately $11,500 per month. Additionally, there is a grandfathered junkyard with a large 2-bay detached garage. The junkyard is zoned for auto repair and related garage uses. The combined lot size is 1.53 acres. There is potential for residential development with Town approval. The owner is open to holding paper.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Yardboro Auto Care, AAMCO Transmissions & Total Car Care, Meineke Car Care Center, Auto Glass Fitters, A line auto glass

    Location Insight

    • Map
    • Local Demand
    City
    Colonie
    County
    Albany
    State
    New York
    Longitude
    -73.799985
    Latitude
    42.694718

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    FAQs

    What type of property is this?
    Auto shop - Four parcels with rentals and auto repair zoning in Colonie.
    Where is this auto shop located?
    The property is located at 2 Undine St Colonie, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Generates approximately $11,500/month from 3 single-family rentals.; - Includes a grandfathered junkyard with a large 2-bay detached garage.; - Junkyard is zoned for auto repair/related garage use.
    (518) 461-9937
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Undine St Colonie, NY 12205
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