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    Amsterdam Portfolio Amsterdam, NY 12010

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    For Sale
    $2,200,000

    Newly renovated, 100% leased multifamily portfolio in Amsterdam, New York.

    Property size:
    21,941 SF

    Property Features for Amsterdam Portfolio

    General Information

    Size
    21,941 SF

    Source: Sean Slattery Agent Sean Slattery

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

    Overview

    Amsterdam Multifamily Portfolio for Sale

    This portfolio of multifamily assets is located in Amsterdam, New York. Situated in Montgomery County, the portfolio comprises 8 assets, with configurations ranging from single-family to four-family buildings. The properties have been newly renovated and are fully leased, presenting an opportunity for immediate cash flow with no deferred maintenance or additional capital requirements. Amsterdam is a city with a population of approximately 18,000 residents. Located in Montgomery County, New York, it is part of the Capital District in the Mohawk Valley, offering a mix of historical charm and modern amenities. The city of Amsterdam has a median age of around 38 years, indicating a balanced mix of young families, working adults, and seniors. There are approximately 7,500 households in the city, with an average household size of 2.3 persons. The properties included in the portfolio are located at 5 Phillips St, 5 Mcclellan Ave, 53 Academy St, 205 Church St, 2 Bayard St, 261 W Main St, 68 James St, and 90 Forbes St, all within Amsterdam, NY 12010. The total property size is 21941 square feet.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.1271
    Latitude
    42.9741

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    FAQs

    What type of property is this?
    Multifamily property - Newly renovated, 100% leased multifamily portfolio in Amsterdam, New York.
    Where is this multifamily property located?
    The property is located at Amsterdam Portfolio Amsterdam, NY.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Portfolio of 8 multifamily assets in Amsterdam, NY.; - 100% leased, providing immediate cash flow.; - Newly renovated with no deferred maintenance.
    (646) 723-4011
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    Amsterdam Portfolio Amsterdam, NY 12010
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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
    Amsterdam Portfolio Amsterdam, NY 12010
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