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    457 Nys Rte, Unit 85 Bethlehem, NY 12159

    For Lease
    $1.00 SF/Yr

    Land lease opportunity with multiple uses allowed under Commercial Hamlet zoning.

    Lot size:
    17.96 Acres

    Property Features for 457 Nys Rte

    General Information

    Standard status
    Active
    Lot size
    17.96 Acres

    Source: HOWARD HANNA CAPITAL INC Agent JESSICA L RICHER

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

    Overview

    Commercial Land Lease Opportunity

    This 18-acre site offers a land lease opportunity with three pad sites available, sized at 0.957 acres, 2.14 acres, and 3.17 acres. The property is zoned Commercial Hamlet, allowing for multiple uses including retail, restaurant, and service businesses. The owner is seeking ground leases per pad site. Municipal water, electric, and voice/data services are available on site. Natural gas and municipal sewer are located on an adjacent site. Access to the private property is through a locked gate, and the listing agent must be present to provide access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bethlehem
    County
    Albany
    State
    New York
    Longitude
    -73.8915
    Latitude
    42.6332

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    FAQs

    What type of property is this?
    Commercial land - Land lease opportunity with multiple uses allowed under Commercial Hamlet zoning.
    Where is this commercial land located?
    The property is located at 457 Nys Rte, Unit 85 Bethlehem, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Three pad sites available offering flexibility in development size (0.957 acres, 2.14 acres, and 3.17 acres).; - Commercial Hamlet zoning allows for multiple uses including retail, restaurant, and service businesses.; - Municipal water, electric, and voice/data are available on site.
    (518) 489-1000
    Request Owner's contact information
    457 Nys Rte, Unit 85 Bethlehem, NY 12159
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    Bethlehem, NY 12159
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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
    457 Nys Rte, Unit 85 Bethlehem, NY 12159
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