2 Guy Park AveAmsterdam, NY 12010

Property Details for 2 Guy Park Ave

Year built

1980

Lot size

0.36 AC

Property size (Sq ft)

2,737 SF

Zone code

05 - COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

270100 55.35-1-11

APU

2701005535111

Description

This exceptional commercial property, located at 2 Guy Park Ave in Amsterdam, NY, presents a unique investment opportunity. Situated on a sizable 0.36-acre lot, the building offers significant potential for a variety of office uses. While the precise square footage is currently unavailable, the generous lot size suggests ample space for expansion or redevelopment. The property's address in Amsterdam, NY, places it within a convenient and accessible location, offering easy access to local amenities and transportation routes. The absence of a listed price indicates a flexible negotiation process, allowing for tailored terms to suit the buyer's needs. This presents a rare chance to acquire a substantial commercial property in a desirable location, ripe for customization and growth. Serious inquiries are encouraged to explore the possibilities this property offers. The property is currently vacant, providing immediate occupancy for the new owner. Further details regarding the building's specifications and potential uses can be provided upon request. This is an excellent opportunity for an investor or business seeking a strategic foothold in the Amsterdam, NY market. Don't miss out on this chance to secure a prime commercial property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $679,913

  6.5%

  $627,612

  7%

  $582,783

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,020

  Geo Method

  $357,616

• Alternative Use

  Use

  Valuation

  Residential

  $778,239

  Hospitality

  $712,863

  Educational

  $593,094

  Medical

  $613,491

  Retail

  $922,590

Location Insight

City

Amsterdam

County

Montgomery

State

New York

Latitude

42.9391

Longitude

-74.1921

CBSA code

11220

CBSA name

AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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