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    15 Edward St Amsterdam, NY 12010

    Sponsored
    For Sale
    $199,000

    Vacant warehouse, high potential, 11,700 SF

    Property size:
    11,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a vacant industrial property located at 15 Edward St, Amsterdam, NY 12010. The property consists of two buildings totaling 11,700 square feet situated on a 0.51-acre lot. The main structure is an 8,850 square foot metal warehouse, complemented by a 2,850 square foot two-story concrete building. Built in 1960, the property is zoned for commercial use, offering a multitude of potential applications. The asking price is $199,000, translating to $17.01 per square foot. Given its size, location, and zoning, this property is ideal for various uses, including warehouse storage, multi-family conversion, or light manufacturing. The property's current condition presents an opportunity for a buyer to add value through renovations and improvements. Its strategic location in Amsterdam, Montgomery County, New York provides easy access to major transportation routes and a growing local market. This is a rare chance to acquire a substantial industrial property at an attractive price point in a desirable location. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. Don't miss this chance to capitalize on this promising investment.

    Property Features for 15 Edward St

    General Information

    Property type
    Distribution properties
    Square Feet
    11,700 SF
    Lot Size
    22,216 SF

    Building Details

    Year Built
    1960
    Buildings
    2

    HighLights

    • $199,000 asking price for this vacant industrial property.
    • 11,700 square feet total across two buildings.
    • $17.01 price per square foot.
    • Built in 1960, located on a 0.51‑acre lot in Amsterdam, NY.
    • Zoned Commercial; suitable for warehouse, multi‑family, or light manufacturing uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.177243786933
    Latitude
    42.935173269923

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    FAQs

    What type of property is this?
    Distribution property - Vacant warehouse, high potential, 11,700 SF
    Where is this distribution property located?
    The property is located at 15 Edward St Amsterdam, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: $199,000 asking price for this vacant industrial property.; 11,700 square feet total across two buildings.; $17.01 price per square foot.
    Request Owner's contact information
    15 Edward St Amsterdam, NY 12010
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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
    15 Edward St Amsterdam, NY 12010
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