11921 Broadway St Alden, NY 14004-9566
C-1 Commercial District. This district is to provide areas within the Town for commercial use which serves community-wide needs for general goods and services, and which is of a nature to be conducted within enclosed buildings. A. Permitted principal uses are as follows: (1) As permitted and regulated in the R-C District, except for dwellings; provided, howe…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Alden, NYC-1 Commercial District. This district is to provide areas within the Town for commercial use which serves community-wide needs for general goods and services, and which is of a nature to be conducted within enclosed buildings. A. Permitted principal uses are as follows: (1) As permitted and regulated in the R-C District, except for dwellings; provided, however, that existing dwellings may be altered and enlarged, except that the number of dwelling units may not be increased. [Amended 6-5-2000 by L.L. No. 4-2000 ] (2) The following uses when conducted within a completely enclosed building: (a) Retail sales. (b) Neighborhood shopping plazas. (c) Personal service shops, e.g., barbershops, beauty salons, shoe repairs. (d) Laundromat, dry-cleaning and laundry pickup stations. (e) Restaurants. (f) Hotels and motels. (g) Banks and drive-in banks. (h) Theaters and assembly halls. (i) Custom shops, including woodworking and upholsterers. (j) Electric, heating and plumbing shops. (k) Veterinarians. (l) Bakeries. B. Permitted accessory uses are as follows: (1) As permitted upon issuance of a special permit. (2) Other customary uses normally associated with the principal uses. C. Uses permitted upon issuance of a special permit are as follows: (1) As permitted in the R-C District, except manufactured home parks and veterinarians. (2) Golf driving ranges. (3) Drive-in theaters. (4) Ice- and roller-skating rinks. (5) The raising or keeping of up to six hen chickens only (no other fowl), may be conducted as an accessory use upon the issuance of a special permit by the Town Board on the same premises associated with an owner-occupied single-family or two-family detached dwelling as the principal use, subject to the following procedures and conditions: [Added 1-17-2017 by L.L. No. 1-2017 ] (a)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.