Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Erie St Amsterdam, NY 12010-5513

    • Manufacturing properties
    • 2,000 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-4888267
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dave's Landscaping LLC / Landscaper / Landscape Designer

    Property Details for 101 Erie St

    Year built
    1970
    Lot size
    0.19 lot acres
    Property size
    2,000 SF
    Zone code
    07 - MIXED
    Property type
    Manufacturing properties
    APN
    270100 55.42-1-4.1
    APU
    2701005542141

    Description

    This exceptional mixed-use property, located at 101 Erie Street, Unit 101, in the vibrant city of Amsterdam, New York, presents a compelling investment opportunity. Situated on a generous 1.55-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and potentially residential needs. The building's square footage is currently undetermined, requiring further due diligence. The asking price for this strategically located asset is $474,900. Given the size of the lot and the mixed-use zoning, there is considerable room for expansion or redevelopment, making it an attractive prospect for investors seeking a substantial return. The property's location within Amsterdam offers easy access to major transportation routes and a thriving local community. This presents a unique chance to acquire a substantial piece of real estate in a growing market. Further investigation into the property's specific zoning regulations and potential uses is encouraged. Detailed information regarding the building's interior and current condition is available upon request. This is an excellent opportunity to capitalize on the potential of a large mixed-use property in a desirable location. Serious inquiries are welcome.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $165,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.1993
    Latitude
    42.9356
    CBSA code
    11220
    CBSA name
    AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $364
    $5,000
    $15,000
    $20,000
    -
    $11,628
    $34,884
    $46,512

    Comparable in this City

    • Value Estimation
      $640,000
      47,835 SF

      Elk St

      MANUFACTURING (LIGHT) • 47,835 SF
      Elk St, Amsterdam, NY 12010
      View Details
    • Value Estimation
      $365,000
      22,290 SF

      298 Frst Ave

      MANUFACTURING (LIGHT) • 22,290 SF
      298 Frst Ave, Amsterdam, NY 12010
      View Details
    • Value Estimation
      $335,000
      7,200 SF

      Sam Stratton Dr

      MANUFACTURING (LIGHT) • 7,200 SF
      Sam Stratton Dr, Amsterdam, NY 12010
      View Details
    • Value Estimation
      $475,000
      43,578 SF

      Eagle St

      MANUFACTURING (LIGHT) • 43,578 SF
      Eagle St, Amsterdam, NY 12010
      View Details
    • Value Estimation
      $265,000
      0.52 Acres

      Elk St Lowr Ml

      MANUFACTURING (LIGHT) • 0.52 Acres
      Elk St Lowr Ml, Amsterdam, NY 12010
      View Details
    • Value Estimation
      $615,000
      190,050 SF

      10 Park St

      MANUFACTURING (LIGHT) • 190,050 SF
      10 Park St, Amsterdam, NY 12010-4214
      View Details

    Similar Nearby for Sale

    • $175,000
      0.33 Acres

      Versatile Industrial Building in Amsterdam

      8,000 sq ft warehouse/office space on 0.33-acre lot.
      11 Edward St, Amsterdam, NY 12010
      View Details
    • $165,000
      3,807 SF

      Versatile Commercial Space Near Thruway

      Adaptable commercial space suitable for manufacturing, warehousing, or distribution.
      8 Yeoman St, Amsterdam, NY 12010
      View Details
    • Contact for pricing
      37,000 SF

      Industrial Building Near I-90 Exit

      37,000 sq ft industrial building suitable for manufacturing/distribution.
      66 Willow St, Amsterdam, NY 12010
      View Details
    • $199,000
      11,700 SF

      Industrial Buildings with Redevelopment Potential

      Two buildings offering warehouse, multi-family, or light manufacturing potential.
      15 Edward St, Amsterdam, NY 12010
      View Details
    • $175,000
      8,000 SF

      Versatile Warehouse and Office Space

      8,000 sq ft warehouse/office building on a 0.33-acre lot.
      11 Edward St, Amsterdam, NY 12010
      View Details
    • $3,750,000
      1.30 Acres

      Amsterdam Warehouse - Owner User Opportunity

      Industrial warehouse, prime location, high ceilings.
      50 Willow St, Amsterdam, NY 12010
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      10,000 SF

      Industrial/Flex Building For Lease

      10,000 SF industrial/flex building for lease in Perth, NY.
      4436 New York 30, Amsterdam, NY 12010
      View Details
    • New
      $6 SF/Yr

      The Park #10

      5,000 - 200,000 SF of Industrial Space Available in Amsterdam, NY 12010
      10 Park St, Amsterdam, NY 12010
      View Details
    • $5 SF/Yr
      95,571 SF

      Office and Warehouse Space Available

      Office and warehouse spaces for rent with ample parking.
      100 Church St, Amsterdam, NY 12010
      View Details
    • $14 SF/Yr
      2,400 SF

      Retail Space in Perth Plaza

      Retail space available within a developed commercial corridor.
      4879 State Highway 30, Amsterdam, NY 12010
      View Details
    • $1.00 SF/Yr

      Commercial Space on Route 30

      Versatile commercial space suitable for medical, retail, or office use.
      4861 State Highway 30, Amsterdam, NY 12010
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Erie St
    Amsterdam, NY 12010-5513
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.