Technical
Financial
Distress signals
Property profile

101 Erie St Amsterdam, NY 12010

OFF-MARKET
Manufacturing properties
Property ID
US63-4888267
2,000 SF 0.19 ac lot Built 1970
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Total area 2,000 SF
Lot 0.19 ac (8,364 SF)
Zoning code 07 - MIXED
APN 270100 55.42-1-4.1
UPID US63-4888267

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

101 Erie St Amsterdam, NY 12010-5513
Amsterdam metro Census 70200 AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

Zoning & alternative use

07 - MIXED · Amsterdam, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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