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Mixed-Use Building with Display Windows
For Sale
$299,999

717 19th Street, Watervliet, NY 12189

Commercial Sale, Watervliet, NY

Property Size2,592 SF
Lot Size0.09 Acres
Price / SF$115.74
Days on Market185

Property Features for 717 19th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 5
Parking features Off Street
Patio and Porch features Porch
Basement Partial, Unfinished
Lot features Level, Corner Lot
Elementary school district Watervliet
Middle school district Watervliet
High school district Watervliet
Directions 19th St In watervliet between 7th and 8th Ave
Standard status Active
APN 011800 32.50-4-51
Size 2,592 SF
Lot size 0.09 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Annual Amount 3722

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Floors in Building 2
Flooring type Vinyl, Carpet, Wood
Building materials Aluminum Siding, Brick, Vinyl Siding
Roof type Rubber, Asphalt
Architectural style Other
Buildings 1
Listing Agency: Howard Hanna Capital Inc
Listed By: Luanne Sciotti · License #10301200606
Added: May 6 Changed: Oct 27 Last Checked: Nov 6 at 12:06PM
MLS# 202616530

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2,592-square-foot mixed-use building, constructed in 1930, includes a commercial or retail area on the first level and a separate two-story apartment at the rear. The apartment has a kitchen, bathroom, parlor, and one bedroom, while a small basement provides additional space. Above the commercial area, a gutted section remains unfinished and may accommodate business storage or a second apartment, subject to applicable requirements.

The property sits at 717 19th Street in Watervliet, with reported visibility from approximately 14,000 cars per day. The site encompasses 0.09 acres and provides five off-street parking spaces. Mixed zoning, public water, public sewer, central air, forced-air and electric heating, and a combination of wood, carpet, and vinyl flooring support the building’s varied commercial and residential configuration.

Key Highlights

  • 2,592‑square‑foot mixed‑use building on 0.09 acres
  • Mixed zoning with commercial or retail space on the first level
  • Rear two‑story apartment with kitchen, bath, parlor, and one bedroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,661
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,220 $513.2K
Cap Rate 7%
$366,586 $366.6K
Cap Rate 9%
$285,122 $285.1K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$46.7K $18.00/SF
− Vacancy
−$5.6K −$2.16/SF
EGI
$41.1K $15.84/SF
− OpEx
−$15.4K −$5.94/SF
NOI
$25.7K $9.90/SF
Area
Albany County, NY
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,220
Cap Rate 7%
$366,586
Cap Rate 9%
$285,122

Alternative Uses

Best Use
Retail
$447.0K
$391.1K – $521.5K (±1% cap)
NOI $31,288 @ 7.0% cap · market cap 10.43%
Second Best
Mixed Use
$366.6K
$320.8K – $427.7K (±1% cap)
NOI $25,661 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$808.8K
$707.7K – $943.6K (±1% cap)
NOI $56,617 @ 7.0% cap · market cap 18.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Boost Mobile Mobile Phone Store

Suggested Use

Top Pick Carpet & Flooring Store Garden Center Tech Support Center Electrical Service (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
14,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby
113k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 36% Groceries 23% Electronics 1%
Price Chopper Supermarkets Groceries
25,379 visits/mo 0.1 miles
McDonald's Dining
19,505 visits/mo 0.4 miles
Dollar Tree Shops & Services
9,782 visits/mo 0.4 miles
Family Dollar Shops & Services
9,024 visits/mo 0.5 miles
Dunkin' Donuts Dining
8,622 visits/mo 0.2 miles

Demographics for 12189, NY

18,970
Population
9,887
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
6.2 sq mi
ZIP Area
3,060
Density / Sq Mi
$62,763
Median Household Income
$48,555
Median Earnings
$1,084
Median Rent
$199,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Albany County, NY

$160 Jul
$156 Aug
$150 Sep
$155 Oct

Properties on Market for Mixed-use properties in Albany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-zoned property combines ground-floor commercial space with a rear two-story apartment and off-street parking.
Where is this mixed-use property located?
The property is located at 717 19th Street Watervliet, NY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 2,592‑square‑foot mixed‑use building on 0.09 acres; Mixed zoning with commercial or retail space on the first level; Rear two‑story apartment with kitchen, bath, parlor, and one bedroom
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