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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

21-41 Bridge St Amsterdam, NY 12010

3.29 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Lot 3.29 ac (143,312 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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