Property profile

119 Meadowbrook Rd Amsterdam, NY 12010

OFF-MARKET
Turn key restaurants
Property ID
US63-6052547
3,252 SF 0.71 ac lot Built 1965
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This unique 0.71-acre Amsterdam, NY property, listed at $245,000, offers a 5,412 sq ft commercial space currently operating as a bar. The main building includes a working kitchen. However, the true potential lies in the nearly completed (85%) barn, boasting concrete floors, radiant heat tubing (requiring connection), a large stage perfect for events, and expansive sliding barn doors leading to a future outdoor patio area. Its prime location, just 10 minutes from the NYS Thruway, makes it easily accessible. The property is being sold "as is," presenting a fantastic opportunity for a creative buyer to transform it into an event venue, brewery, or other hospitality business. The existing bar provides immediate income potential while the barn offers significant expansion possibilities. This is a rare chance to acquire a versatile property with substantial upside in a desirable location. The property is located at 119 Meadowbrook Road, Amsterdam, NY 12010, in Montgomery County.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Total area 3,252 SF
Lot 0.71 ac (30,928 SF)
APN 272889 69.-1-14
UPID US63-6052547

Cap rate & NOI

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

Location

119 Meadowbrook Rd Amsterdam, NY 12010-8270
Amsterdam metro Census 72700 AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2006
$50,000

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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