Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
B2 · Montgomery, NYZoning
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Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning