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    8874 9w Route Athens, NY 12015

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    Claim this Listing
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    For Sale
    $519,999

    MULTI_FAMILY - Colonial - Athens, NY

    Type:Single Family Residence
    Property size:
    2,016 SF
    Lot size:
    2.17 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 18 at 8:06 am

    Property Features for 8874 9w Route

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    07
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 2, Laundry Room, Basement, Bedroom 1, Bathroom 1
    Window features
    Blinds, Drapes
    Patio and Porch features
    Deck
    Interior features
    Ceiling Fan(s), Chandelier, Entrance Foyer, Natural Woodwork, Open Floorplan, Pantry, Walk-In Closet(s)
    Basement
    Concrete, Full, Exterior Entry, Walk-Out Access, Interior Entry, Unfinished
    Appliances
    Water Softener Owned, Water Softener, Washer/Dryer, Washer, Refrigerator, Range Hood, Electric Range, Electric Oven, Dryer, Double Oven, Dishwasher, Cooktop
    Standard status
    Active
    APN
    139.00-5-1
    Size
    2,016 SF
    Lot size
    2.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3650

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Oil, Forced Air, Hot Water(Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    1880
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Hardwood
    Building materials
    Block, Wood Siding
    Roof type
    Asphalt
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Kathy Ann Shumway

    Listing agent Kathy Ann Shumway License #10301223076

    Listing office Win Morrison Realty-K 56 John St, Kingston, NY

    Listing date Apr 17, 2026

    MLS# 20261687 Listing URL

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Colonial Home with Commercial Zoning

    This 1880 Colonial, situated on over two acres in Athens, New York, offers a blend of historical charm and modern comforts. The property features over 2,000 square feet of light-filled space, characterized by grand proportions, historic millwork, and classic hardwood flooring. Zoned for both residential and commercial use, this property allows for living and working from home. Its location provides convenient access to the town of Athens, with its restaurants, breweries, and farmers market. The property is also near the Hudson River, Catskill Creek, Catskill Mountains, and Windham Ski Mountain. Furthermore, it is a short drive from Hudson's Amtrak station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Athens
    County
    Greene
    State
    New York
    Longitude
    -73.857681
    Latitude
    42.259496

    Nearby Similar for Sale

    • $415,000
      2,201 SF

      Victorian Multi-Family in Athens, NY

      Income-producing Victorian in the heart of Athens, NY.
      9 N Franklin Street, Athens, NY 12015
      View Details
    • $599,000
      4,375 SF

      Athens Village Commercial Property Opportunity

      Prime commercial property in Athens, NY, with revitalization plans underway.
      70 N Washington Street, Athens, NY 12015
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 1880 Colonial on 2+ acres, zoned residential/commercial.
    Where is this mixed-use property located?
    The property is located at 8874 9w Route Athens, NY.
    What is the asking price?
    The asking price for this property is $519,999.
    What are key features of this property?
    This property features: Zoned for both residential and commercial use, offering live/work flexibility.; **Historic 1880 Colonial with 2,000+ sq ft, blending original charm and modern updates.**; Located on over two acres in Athens, NY.
    (845) 901-6555
    We can help!
    Listing Contact
    Kathy Ann Shumway
    Real Estate License ID: 10301223076
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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