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    16 Broad Ln, Unit Au Sable Forks Au Sable Forks, NY 12912

    For Sale
    $280,000

    Three-unit property in AuSable Forks, near Lake Placid and Whiteface.

    Property size:
    3 SF

    Property Features for 16 Broad Ln

    General Information

    Size
    3 SF

    Building Details

    Year built
    1920

    Source: Jack Newberry Agent Jack Newberry

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

    Overview

    Adirondacks Triplex Near Lake Placid

    This three-family property is located in AuSable Forks, in the heart of the Adirondacks. It is situated 30 minutes from Lake Placid, 20 minutes from Whiteface Ski Resort, and 30 minutes from Plattsburgh. The property features three units. Unit 1 has 2 beds and 1 bath and is leased at $1,225 per month. Unit 2 has 2 beds and 1 bath and is rented month-to-month at $500 per month. Unit 3 is a studio and is rented month-to-month at $600 per month. The gross monthly income is $2,325. This property presents a flexible opportunity for owner-occupancy, increasing long-term rental income, or converting to short-term Airbnb use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Deyoe's Custom Heating Plumber

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Au Sable Forks
    County
    Clinton
    State
    New York
    Longitude
    -73.679271
    Latitude
    44.435501

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    FAQs

    What type of property is this?
    Triplex - Three-unit property in AuSable Forks, near Lake Placid and Whiteface.
    Where is this triplex located?
    The property is located at 16 Broad Ln, Unit Au Sable Forks Au Sable Forks, NY.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Three-family property with income potential.; - Located in the Adirondacks, near Lake Placid and Whiteface Ski Resort.; - Gross monthly income of $2,325.
    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
    16 Broad Ln, Unit Au Sable Forks Au Sable Forks, NY 12912
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