Watervliet Service Building For
411 19th Street Watervliet, NY 12189
411 19th Street, Watervliet, NY, 12189
$585,000
For Sale
$585,000
4920 sq. ft. service building suitable for multiple businesses.
Property Size4,920 SF
Price / SF$118.90
Days on Market100
Property Features for 411 19th Street
General Information
- Standard status
- Active
- Size
- 4,920 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency
SCOTT FILM REALTY, LLC
(518) 274-8001
Listed by
SCOTT M FILM
Source
Corcoran
Added: Apr 9 Checked: Jul 17 at 12:55 pm
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 SCOTT FILM REALTY, LLC
Investment Insights
Based on property information with market context.
This 4920 sq. ft. service building is located in the heart of Watervliet. The property currently houses a long-standing radiator service business and is suitable for multiple types of businesses. The original building features ceiling heights of 8' to 10' and one overhead door. A high bay building addition, constructed in 1988, includes 18' to 20' ceilings and two 14' x 12' overhead doors. The property includes three overhead doors in total. Renovation funds may be available for a new owner through the 19th Street Renovation Funds (NY Forward Program). The property can be transformed into many types of business, offering endless options.
Key Highlights
- 4920 sq.ft. service building suitable for multiple business types.
- High Bay building addition (built in 1988) with 18'-20' ceilings and two 14' x 12' overhead doors.
- Located in the heart of Watervliet.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.8k | $14.40 |
| − Vacancy | −$4.8k | −$0.98 |
| EGI | $66.0k | $13.42 |
| − OpEx | −$19.8k | −$4.03 |
| NOI | $46.2k | $9.39 |
4,920 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$848.4K
$742.4K – $989.8K
NOI $59,388 @ 7.0% cap · market cap 10.15%
Second Best
Industrial
$660.3K
$577.8K – $770.4K
NOI $46,221 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,468 @ 7.0% cap · market cap 18.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ACME Auto Radiator ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Good Year Tires — Watervliet, NY 12189
- Valvoline — Jefferson St, Troy, NY 12180
- Lenny’s Auto — 1205 5th Ave, Watervliet, NY 12189
- Mamone's Auto Body — 1261 Broadway B, Watervliet, NY 12189
- Kennedys Towing Equipment — 267 3rd St, Troy, NY 12180
FAQs
What type of property is this?
Auto shop - 4920 sq. ft. service building suitable for multiple businesses.
Where is this auto shop located?
The property is located at 411 19th Street Watervliet, NY.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 4920 sq.ft. service building suitable for multiple business types.; High Bay building addition (built in 1988) with **18'-20' ceilings** and **two 14' x 12' overhead doors**.; Located in the heart of Watervliet.
