Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1125 Altamont Avenue Rotterdam, NY 12303

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $639,900

    Established auto body business with equipment and high traffic location.

    Type:Commercial
    Property size:
    2,400 SF
    Lot size:
    0.16 Acres
    Added:
    Sep 11, 2025
    Days on Market:
    203
    Last Refresh:
    Mar 25 at 8:15 pm

    Property Features for 1125 Altamont Avenue

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.16 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    PAUL A FRIELLO

    Listing agent PAUL A FRIELLO

    Listing office COLDWELL BANKER PRIME PROPERTIES

    Listing date Sep 11, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER PRIME PROPERTIES

    Overview

    Turn-Key Auto Body Business

    This is a turn-key auto body business opportunity located in a high-traffic area. The property features 5 bay work areas and a dedicated paint booth. A large addition was constructed in 2018, including a new lift. The building includes a separate office area for customers and a business office in the rear. The second level measures 16'x30' and is finished and insulated, currently used for storage with potential for other uses. There is also a third-floor attic storage area with a thermal exhaust fan. The sale includes all related auto body tools, materials, frame straightening equipment, 2 compressors, multiple welders, paint tools, and other equipment. The property size is 2400 square feet.
    Location Intelligence

    Current Use by Public Records

    Glenn's Auto Body Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Envy Autoworks — 2243 1st Ave, Schenectady, NY 12303
    • 2 Brother's Paint and Body — 1809 Altamont Ave, Schenectady, NY 12303
    • Mobile Auto Glass Services — 1879 Altamont Ave, Schenectady, NY 12303
    • 518 Collision — 1550 Altamont Ave, Schenectady, NY 12303
    • DePoalo Companies Inc — 1736 Amsterdam Ave, Schenectady, NY 12303

    Location Insight

    • Map
    • Local Demand
    City
    Rotterdam
    County
    Schenectady
    State
    New York
    Longitude
    -73.9412
    Latitude
    42.788

    Nearby Similar for Sale

    • $299,000
      1,615 SF

      Rotterdam Two-Family Home For Sale

      Two-unit property with remodeled interiors and ample parking.
      1905 Hamburg Street, Rotterdam, NY 12304
      View Details
    • $899,900
      5,837 SF

      Mixed-Use Commercial Property For Sale

      High-traffic location with diversified income potential in a growing corridor.
      671 Mariaville Road, Rotterdam, NY 12306
      View Details
    • $389,700
      8,688 SF

      Rotterdam Flex Space Opportunity

      8,600+ sq ft flex space near I-90.
      1125 Mitchell Road, Rotterdam, NY 12303
      View Details
    • $6,920,000
      13,225 SF

      Freestanding CVS Investment Property

      NNN leased CVS in Rotterdam, NY with 20 years remaining.
      2801 Guilderland Ave, Rotterdam, NY
      View Details
    • $2,250,000
      4,610 SF

      Established Restaurant/Catering Opportunity

      Thriving restaurant with two kitchens, dining area, and banquet room.
      126 Mariaville Rd, Rotterdam, NY 12306
      View Details

    FAQs

    What type of property is this?
    Auto shop - Established auto body business with equipment and high traffic location.
    Where is this auto shop located?
    The property is located at 1125 Altamont Avenue Rotterdam, NY.
    What is the asking price?
    The asking price for this property is $639,900.
    What are key features of this property?
    This property features: Turn‑key auto body business including all tools, materials, and equipment.; High traffic flow location.; 5 Bay work areas and dedicated paint booth.
    (518) 370-2100
    We can help!
    Listing Contact
    PAUL A FRIELLO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!