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    2561 State Route 40 Greenwich, NY 12834

    Sponsored
    For Sale
    $185,000

    0.71-acre lot, $185,000. Prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a unique investment opportunity in the desirable town of Greenwich, New York. Situated on a sizable 0.71-acre lot at 2561 State Route 40, Unit 2561, this property offers significant potential for a variety of commercial ventures. The expansive lot provides ample space for development, allowing for flexibility in design and functionality. Its strategic location on State Route 40 ensures high visibility and accessibility, making it an ideal site for businesses seeking strong exposure to a steady stream of traffic. The property's versatility makes it suitable for a range of uses, from retail establishments and restaurants to light industrial operations or professional offices. The asking price of $185,000 represents a compelling value for a property of this size and location in Greenwich, NY. This is a rare chance to acquire a substantial commercial parcel in a thriving community, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this property presents. The property is currently vacant and ready for immediate development or lease. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to secure a prime commercial location in Greenwich, NY.

    Property Features for 2561 State Route 40

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,928 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwich
    County
    Washington
    State
    New York
    Longitude
    -73.51848
    Latitude
    43.10729

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    FAQs

    What type of property is this?
    Commercial real estate - 0.71-acre lot, $185,000. Prime location.
    Where is this commercial real estate located?
    The property is located at 2561 State Route 40 Greenwich, NY.
    What is the asking price?
    The asking price for this property is $185,000.
    (518) 350-7653
    Request Owner's contact information
    2561 State Route 40 Greenwich, NY 12834
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    Greenwich, NY 12834
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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
    2561 State Route 40 Greenwich, NY 12834
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