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    Property profile & analytics

    39 Market St Amsterdam, NY 12010-4413

    • Banks
    • 3,246 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US63-3722577
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 39 Market St

    Year built
    1970
    Lot size
    0.53 lot acres
    Property size
    3,246 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Banks
    APN
    270100 55.35-1-45.2
    APU
    27010055351452

    Description

    This exceptional 3,246-square-foot office building in Amsterdam, New York, presents a unique opportunity for a single tenant. Located at 39 Market Street in Montgomery County, this property boasts a highly visible and easily accessible location within the downtown core business district. Its convenient proximity to I-90 ensures excellent connectivity. The building is currently vacant and available for immediate occupancy. The space is offered as a full gross lease, meaning operating expenses and tax increases above the base year are covered by the landlord. The building is being delivered in vanilla shell condition, allowing the tenant complete flexibility in customizing the space to their specific needs. The property's classification as a traditional office space is complemented by the inclusion of a drive-thru, making it ideal for a variety of businesses, including financial institutions or those requiring convenient client access. The building's total square footage is 3,246 square feet, all of which is currently vacant. The zip code for this property is 12010. This prime location and flexible lease terms make this an attractive investment opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $185,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $175,000
      Mixed-Use
      $170,000
      Hospitality
      $220,000
      Educational
      $160,000
      Residential Income
      $200,000
      Energy
      $200,000
      Income-Based Land
      $160,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.1923
    Latitude
    42.9381
    CBSA code
    11220
    CBSA name
    AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $2,908
    $27,600
    $132,400
    $160,000
    -
    $64,186
    $307,907
    $372,093

    Comparable in this City

    • Value Estimation by Request
      2,734 SF

      5003 State Hwy 30

      FINANCIAL BUILDING • 2,734 SF
      5003 State Hwy 30, Amsterdam, NY 12010-7523
      View Details
    • Value Estimation by Request
      295 SF

      4781 State Hwy 30

      FINANCIAL BUILDING • 295 SF
      4781 State Hwy 30, Amsterdam, NY 12010-7434
      View Details
    • Value Estimation
      $180,000
      112 SF

      4839 State Hwy 30

      FINANCIAL BUILDING • 112 SF
      4839 State Hwy 30, Amsterdam, NY 12010-7436
      View Details
    • Value Estimation by Request
      1.60 Acres

      4733 State Hwy 30

      FINANCIAL BUILDING • 1.60 Acres
      4733 State Hwy 30, Amsterdam, NY 12010
      View Details
    • Value Estimation by Request
      0.69 Acres

      4931 State Hwy 30

      FINANCIAL BUILDING • 0.69 Acres
      4931 State Hwy 30, Amsterdam, NY 12010
      View Details
    • Value Estimation by Request
      2,017 SF

      4178 State Hwy 30

      FINANCIAL BUILDING • 2,017 SF
      4178 State Hwy 30, Amsterdam, NY 12010
      View Details

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    • Contact for pricing
      1.60 Acres

      4861 Unit, Amsterdam, NY 12010

      Retail properties • 1.60 Acres
      4861 Unit, Amsterdam, NY 12010
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
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      Retail space available within a developed commercial corridor.
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    • $1.00 SF/Yr

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    • $11 SF/Yr
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      Industrial/Flex Building For Lease

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    • $5 SF/Yr
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    39 Market St
    Amsterdam, NY 12010-4413
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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
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