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Property profile & analytics
OFF-MARKET Estimated value $510,000
Investment properties

102 Clinton St 108 Montgomery, NY 12549-1102

4,564 SF 0.04 ac lot Built 1900
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US63-3911786
Property summary
AI-generated overview

This exceptional mixed-use property at 102 Clinton St, Unit 102, Montgomery, NY presents a compelling investment opportunity. The building, totaling 6,244 square feet on a 0.04-acre lot, boasts a prime location in the heart of the Village of Montgomery. The ground floor features two thriving commercial spaces currently occupied by a pizzeria and a restaurant, providing immediate income potential. These established businesses benefit from a vibrant community and high foot traffic. Above the commercial units, the building offers four spacious two-bedroom, one-bathroom residential apartments. While requiring complete renovation, these units represent significant potential for rental income generation once updated. The apartments retain the charm of historic architecture, offering a unique opportunity for restoration and modernization. The property's strategic location provides easy access to local shops, dining establishments, and public transportation, enhancing its appeal to both commercial tenants and residential occupants. This mixed-use building offers a rare chance to acquire a substantial property in a growing area with the potential for significant returns on investment. The asking price is $895,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 4,564 SF
Lot 0.04 ac (1,750 SF)
Zoning code B2
APN 334203 202-9-15
UPID US63-3911786
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$610k
Comparable Approach Comparable
$518k
Blend (final) Blend
$510k
Owner & transaction history
Tung Atjeta Realty Corp · 7 yrs held
Tung Atjeta Realty Corp
since 2019
1 recorded transaction
2019
$515,000
Zoning & alternative use
B2 · Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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