Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Germantown Property For Sale Title is generated by Realmo AI

    207 Main St, Germantown, NY 12526

    View on Map
    Claim this Listing
    For Sale
    $1,450,000

    Redevelopment opportunity in the heart of Germantown, New York.

    Type:General Commercial
    Property size:
    8,656 SF
    Lot size:
    1.78 Acres
    Price / SF:
    $167/SF
    Added:
    May 12, 2024
    Days on Market:
    753
    Last Refresh:
    May 13 at 8:03 pm

    Property Features for 207 Main St

    General Information

    Standard status
    Active
    Size
    8,656 SF
    Lot size
    1.78 Acres
    Property subtype
    General Commercial

    Building Details

    Year Built
    1837

    We can help!

    Listing Contact
    Annabel Taylor

    Listing agent Annabel Taylor

    Listing office Four Seasons Sotheby's Int.

    Listing date May 12, 2024

    Source Xome

    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 Four Seasons Sotheby's Int.

    HighLights

    • Prime location in the heart of Germantown, a sought‑after Hudson Valley town.
    • Redevelopment opportunity with ample parking.
    • Historic compound consisting of three buildings, two dating back to the mid‑1800s, totaling over 8,000 square feet.
    • Two parcels spanning 1.78 acres.
    • Easy access to NYC (2 hours to 14th and Broadway).
    • Proximity to Amtrak in Hudson and Rhinebeck (10 minutes).

    Overview

    Located in Germantown, New York, a Columbia Country town on the banks of the Hudson River, this property is situated in the heart of the hamlet and spans 1.78 acres. The property consists of three buildings, two dating back to the mid 1800's, totaling over 8,000 square feet. The location offers ample parking and is ready for redevelopment. Germantown is a food destination and center of gravity for those transitioning out of NYC or visiting the area for the first time. The setting is amongst the most picturesque in the Hudson Valley, with country roads winding through the rolling hills with river and Catskill Mountain views. The hamlet is neatly arranged on two main streets, a bustling rural village, with destination shops and restaurants. The property is located within easy access in 2 hours to 14th and Broadway, and it is 10m to Amtrak in both Hudson and Rhinebeck where Soho farmhouse is opening their US outpost. This historic compound on the Main Street of a sought after Hudson Valley town is the perfect destination for a hospitality venture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Columbia
    State
    New York
    Longitude
    -73.8821172
    Latitude
    42.1324515

    Nearby Similar for Sale

    • $1,290,000
      8,656 SF

      Historic Germantown Hospitality Redevelopment Opportunity

      Historic compound in the heart of Germantown, NY for redevelopment.
      207-209 Main Street, Germantown, NY 12526
      View Details
    • $995,000

      Germantown Specialty Property For Sale

      Specialty property available for purchase in Germantown, NY.
      222 Main St, Germantown, NY 12526
      View Details
    • $1,595,000
      3,276 SF

      Germantown Horse Farm with Amenities

      Equestrian facilities, farmstead living, and mountain views on 31 acres.
      317 County Route 6, Germantown, NY 12526
      View Details
    • $595,000

      Open-Acreage Agricultural Land

      Mostly open farmland offering distant country and Catskill Mountain views from a quiet country road.
      50 Old Sawmill Rd, Germantown, NY
      View Details
    • $299,000

      Land with Catskill Mountain Views

      Approved land parcel with panoramic mountain views in Hudson Valley.
      Lot 2 County Route 6, Germantown, NY 12526
      View Details
    • $199,000

      Hudson Valley Retreat Land Parcel

      3.31-acre parcel in the Hudson Valley, ideal for building.
      Lot 1 County Route 6, Germantown, NY 12526
      View Details
    • $299,000

      Land Parcel with Panoramic Views

      Secluded land parcel in Hudson Valley, ready for development.
      Lot 3 County Route 6, Germantown, NY 12526
      View Details

    FAQs

    What type of property is this?
    Commercial land - Redevelopment opportunity in the heart of Germantown, New York.
    Where is this commercial land located?
    The property is located at 207 Main St Germantown, NY.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Prime location in the heart of Germantown, a sought‑after Hudson Valley town.; Redevelopment opportunity with ample parking.; Historic compound consisting of three buildings, two dating back to the mid‑1800s, totaling over 8,000 square feet.
    (518) 822-0800
    We can help!
    Listing Contact
    Annabel Taylor
    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

    Thank You for Inquiry
    207 Main St, Germantown, NY 12526
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!