86 State Route 17 K Montgomery, NY 12549
This exceptional mixed-use property in Montgomery, NY, presents a compelling investment opportunity. Situated on a sizable 4.4-acre lot at 86 State Route 17K # 680, this 10,800 square foot property boasts a blend of residential and commercial components. The commercial space includes a dedicated car lot, perfect for automotive sales or service businesses. The residential portion comprises two ranch-style homes; one featuring three bedrooms and two bathrooms, and the other offering three bedrooms and one bathroom. Built in 1956, these well-maintained structures minimize upkeep costs, maximizing your return on investment. The property's prime location in Montgomery offers easy access to major highways, public transportation, local shops, and restaurants, enhancing its appeal to both residents and businesses. The expansive lot provides significant potential for future development or expansion, adding further value to this already lucrative investment. Detailed financial records are available upon request, providing a transparent view of revenue and operational expenses. This is a rare chance to acquire a profitable, mixed-use property with significant upside potential in a desirable New York location. The property is a single-story building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.