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    321 N 3Rd Ave Mechanicville, NY 12118

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    For Sale
    $400,000

    Four-unit apartment building in Mechanicville with a corner lot.

    Property size:
    5,400 SF

    Property Features for 321 N 3Rd Ave

    General Information

    Size
    5,400 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Mechanicville Four-Unit Apartment Building

    This is a large, brick four-unit apartment building situated on a corner lot in the heart of Mechanicville. The first floor features a four-bedroom apartment that occupies the entire level. The second floor contains two two-bedroom apartments. The third floor houses a large owner's apartment, which will require an exterior fire escape. The property size is 5400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicville
    County
    Saratoga
    State
    New York
    Longitude
    -73.6933964
    Latitude
    42.9064332

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    FAQs

    What type of property is this?
    Apartment building - Four-unit apartment building in Mechanicville with a corner lot.
    Where is this apartment building located?
    The property is located at 321 N 3Rd Ave Mechanicville, NY.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Large 4-unit apartment building.; - Located in the heart of Mechanicville.; - Corner lot location.
    (518) 686-4200
    Request Owner's contact information
    321 N 3Rd Ave Mechanicville, NY 12118
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    Mechanicville, NY 12118
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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
    321 N 3Rd Ave Mechanicville, NY 12118
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