Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21-41 Bridge St Amsterdam, NY 12010

    Sponsored
    For Sale
    $340,000

    3.29 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.29-acre waterfront development site in Amsterdam, NY, presents a unique investment opportunity. Formerly the Chalmers Knitting Mills, the property has undergone environmental remediation and boasts a current Site Management Plan. Approved plans include a one-acre community boardwalk, perfectly complementing its prime location adjacent to the Mohawk Valley Gateway Overlook Bridge. This bridge provides convenient pedestrian access to Riverlink Park and Downtown Amsterdam, ensuring high visibility and foot traffic. The Downtown Core zoning allows for a wide range of uses, including but not limited to a micro-brewery, micro-distillery, micro-winery, and general retail establishments. This property is owned by the Amsterdam IDA, offering a streamlined acquisition process. Detailed information, including an offering memorandum and access to a diligence room, is available upon request. The site's history, strategic location, and flexible zoning make it an ideal platform for a variety of commercial and residential ventures, promising significant returns. This is a rare chance to acquire a fully remediated, ready-to-develop site in a revitalizing downtown area. The asking price is $340,000.

    Property Features for 21-41 Bridge St

    General Information

    Property type
    Land
    Lot Size
    143,312 SF

    HighLights

    • 3.29‑acre waterfront development site in Amsterdam, NY, formerly the Chalmers Knitting Mills; remediated and with a current Site Management Plan.
    • Approved plans include a one‑acre community boardwalk.
    • Prime location adjacent to the Mohawk Valley Gateway Overlook Bridge, offering pedestrian access to Riverlink Park and Downtown Amsterdam.
    • Downtown Core zoning allows for diverse uses, including micro‑brewery, micro‑distillery, micro‑winery, and general retail.
    • Owned by the Amsterdam IDA; offering memorandum and diligence room access available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.1964435
    Latitude
    42.935388

    Nearby Similar for Sale

    • New
      $299,000
      5,342 SF

      Mixed-Use Property in Growing Amsterdam

      Mixed-use property with business and residential potential in Amsterdam, NY.
      67 Bridge St, Amsterdam, NY 12010
      View Details
    • New
      $199,000
      3,125 SF

      Amsterdam Two-Family Investment Opportunity

      Well-maintained duplex in Amsterdam, ideal for investors.
      176 Florida Ave, Amsterdam, NY 12010
      View Details
    • $229,900
      Pending

      Updated Two-Family Home, Amsterdam

      Updated two-family home perfect for investment or owner-occupied living.
      225 Church St, Amsterdam, NY 12010
      View Details
    • $229,900
      1,656 SF

      Well-Maintained Two-Family Home

      Two-family home in Amsterdam with recent upgrades and fenced yard.
      233-235 Grand St, Amsterdam, NY 12010
      View Details
    • $209,900
      2,280 SF

      Amsterdam Two-Unit Property with Garage

      Two-unit property with long-term tenants and recent updates.
      31 Dewitt St, Amsterdam, NY 12010
      View Details
    • $340,000
      10,085 SF

      Historic Amsterdam Property for Renovation

      Charming property in Amsterdam, NY, offering unique renovation potential.
      49 E Main St, Amsterdam, NY 12010
      View Details
    • $120,000
      Pending

      Historic Amsterdam Mixed-Use Opportunity

      5540 SF mixed-use building ready for development in Amsterdam, NY.
      55 Broad St, Amsterdam, NY 12010
      View Details
    • $91,000
      Pending

      Well-Maintained Multifamily Property with Garage

      Multifamily property with off-street parking and a two-bay garage.
      32 Milton Ave, Amsterdam, NY 12010
      View Details
    • $99,000
      Pending

      Spacious Home in Quiet Neighborhood

      Well-maintained 4-bedroom home with immediate rental income potential.
      79 Bunn St, Amsterdam, NY 12010
      View Details
    • $247,000
      2,288 SF

      Well-Maintained Two-Family Home

      Two-family home in prime location, perfect for owner-occupant or investor.
      251 Church St, Amsterdam, NY 12010
      View Details
    • $280,000
      3,538 SF

      Amsterdam Multifamily Investment Opportunity

      Well-maintained 3-unit property near shopping, dining, and transportation.
      3 1St Ave, Amsterdam, NY 12010
      View Details
    • $175,000
      2,268 SF

      Charming Amsterdam Two-Family Home

      Well-maintained 2-family home with updates and convenient location.
      250 E Main St, Amsterdam, NY 12010
      View Details

    FAQs

    What type of property is this?
    Land - 3.29 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at 21-41 Bridge St Amsterdam, NY.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: 3.29-acre waterfront development site in Amsterdam, NY, formerly the Chalmers Knitting Mills; remediated and with a current Site Management Plan.; Approved plans include a one-acre community boardwalk.; Prime location adjacent to the Mohawk Valley Gateway Overlook Bridge, offering pedestrian access to Riverlink Park and Downtown Amsterdam.
    (518) 464-0870
    Request Owner's contact information
    21-41 Bridge St Amsterdam, NY 12010
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21-41 Bridge St
    Amsterdam, NY 12010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    21-41 Bridge St Amsterdam, NY 12010
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.