150 Castle St Geneva, NY 14456
This exceptional commercial land parcel, located at 150 Castle Street Unit 148 in Geneva, New York, presents a unique investment opportunity. Spanning 10,240 square feet (0.03 acres), this property is situated in the heart of downtown Geneva, within the vibrant Finger Lakes region. The site is part of "The Dilman," a recently renovated building featuring eight residential units (six one-bedroom and two studios) and two commercial storefronts. This presents a potential for synergistic development or a standalone commercial venture. The existing building offers amenities such as off-street parking and a coin-operated laundry facility. Tenants in the existing building are responsible for their own utilities. The property's prime location provides easy access to Geneva's diverse dining, entertainment, and cultural attractions. This is an ideal opportunity for investors seeking strong cash flow potential in a thriving community. Note that all appliances are sold "as is," and financial details are available upon request. Negotiations are delayed until November 20, 2024, at 5:00 PM. The property's address is 150 Castle Street, Unit 148, Geneva, NY 14456.
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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
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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.