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    514 4Th St Watervliet, NY 12189

    Sponsored
    For Sale
    $345,000

    13,313 SF Warehouse, Office Space Available

    Property size:
    13,313 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13,313-square-foot warehouse facility presents a unique investment opportunity in Watervliet, NY. Located at 514 4th Street, at the intersection of 4th and 6th Streets, this single-tenant property boasts a substantial 4,500 square feet of finished office space, perfectly complementing the expansive warehouse area. The building features three overhead doors – two measuring 10 feet in height and one at 12 feet – providing convenient access for loading and unloading. The warehouse benefits from a generous 13-foot ceiling height, maximizing storage and operational efficiency. The property is zoned R1 - Residential 1, but operates under a non-conforming, grandfathered use, allowing for continued industrial operations. This versatile space is ideally suited for a variety of sales or service-based businesses. The asking price for this block building is $345,000. The property's APN is 44.49-3-40. This is a rare opportunity to acquire a well-maintained, established industrial property in a desirable location. The property's size, features, and zoning status make it a compelling investment prospect. Serious inquiries are encouraged.

    Property Features for 514 4Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    13,313 SF

    HighLights

    • 4,500 SF of finished office space.
    • 13,313 SF block building.
    • Three overhead doors: two 10' high, one 12' high.
    • Non‑conforming, grandfathered industrial use.
    • Ideal for sales/service business.
    • ±13' ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hart Alarm Systems ... Security System Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Watervliet
    County
    Albany
    State
    New York
    Longitude
    -73.7183639
    Latitude
    42.7397816

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    FAQs

    What type of property is this?
    Distribution property - 13,313 SF Warehouse, Office Space Available
    Where is this distribution property located?
    The property is located at 514 4Th St Watervliet, NY.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: 4,500 SF of finished office space.; 13,313 SF block building.; Three overhead doors: two 10' high, one 12' high.
    Request Owner's contact information
    514 4Th St Watervliet, NY 12189
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    Watervliet, NY 12189
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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
    514 4Th St Watervliet, NY 12189
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