$199,000 1,296 SF

98 Lake Ave, Lake Luzerne, NY 12846
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The property is a 1,296 sq ft commercial building on a 0.15-acre lot in Lake Luzerne, NY. It was formerly used as a pizza restaurant and includes a dine-in capability, with a layout that can accommodate food service, retail, or office uses. On-site parking is provided for up to seven vehicles. Select restaurant equipment is included, and the property has a septic system that was installed in 2021.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?

Assessed value · 2023$95k

Assessed land$45k

Assessed improvement$50k

Value estimate

· Oct 2026

$75k

$68k – $83k

NOI build-up

Gross scheduled income$23k

Vacancy & credit loss−$979

Operating expenses−$6k

NOI · 8.42% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$183/SF

County average, outlier-cleaned · 34 recorded sales of this use type

Observed band · Q1–Q3$90 – $280

Cap rate analysis

How does the asset earn?

8.42%

$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand index

Building Supply10.4

Realty agency10.1

Auto Repair Shop9.1

98 Lake Ave Lake Luzerne, NY 12846

County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby

Address Sale price Sold Size

85 Lk, Lake Luzerne, NY 12846-2326 $250,000 Jun 2022 3,820 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$225,000

2,400 SF

15 Main St

FINANCIAL BUILDING

15 Main St, Lake Luzerne, NY 12846

View Details
Value Estimation
$295,000

3,820 SF

85 Lk Ave

RESTAURANT

85 Lk Ave, Lake Luzerne, NY 12846-2326

View Details
Value Estimation
$330,000

4,849 SF

1379 Lk Ave

RESTAURANT

1379 Lk Ave, Lake Luzerne, NY 12846-3309

View Details

Similar Nearby for Sale

New

$149,900

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Commercial Property on Lake Avenue

Commercial property with high visibility and ample parking.

598 Lake Avenue, Lake Luzerne, NY 12846

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New

$399,900

2,565 SF

Grocery and Convenience Store

Commercial property with a full-service kitchen, customer parking, and infrastructure for deli, market, or food-service operations.

96 Lake Avenue, Lake Luzerne, NY 12846

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$499,000

4,500 SF

Restaurant with Apartment

Restaurant improvements include a dining area, kitchen, and existing equipment, along with a three-bedroom apartment.

85 Lake Avenue, Lake Luzerne, NY 12846

View Details

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98 Lake Ave Lake Luzerne, NY 12846

Property summary