140 Clinton St Schenectady, NY 12305
- Investment properties
- 7,980 SF
- 0.09 lot acres
Current Use by Public Records
- Tutto Mangia / Deli
- Katrina's Barber Salon / Barber Shop
- Touches of Nykesa Reviving Hair Care Line / Hair Salon / Service Establishment
- Moisture Salon / Beauty Salon
- Clinton Street Groomery / Barber Shop
Property Details for 140 Clinton St
- Year built
- 1960
- Lot size
- 0.09 lot acres
- Property size
- 7,980 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 421500 39.72-4-25.1
- APU
- 42150039724251
Description
This exceptional mixed-use property, located at 140 Clinton Street, Unit 140, in the vibrant city of Schenectady, New York, presents a compelling investment opportunity. Situated on a 0.09-acre lot, this building offers significant potential for a variety of uses, making it ideal for both seasoned investors and those seeking a high-return venture. The property's mixed-use zoning allows for flexibility in development and tenant occupancy, catering to a diverse range of business and residential needs. The asking price is $699,900, reflecting the property's prime location and substantial potential for future growth. While the exact square footage is currently unavailable, the 0.09-acre lot size suggests a considerable building footprint. This property is strategically located in downtown Schenectady, providing easy access to local amenities, transportation networks, and a thriving community. The property's strong location and flexible zoning make it an attractive prospect for investors seeking a stable and potentially high-yielding investment in a dynamic urban setting. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and optimal development strategy. This is a rare opportunity to acquire a mixed-use property in a desirable location with significant upside potential. Don't miss out on this chance to secure a valuable asset in the heart of Schenectady.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $315,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $340,000
- Mixed-Use
- $335,000
- Hospitality
- $345,000
- Educational
- $395,000
- Residential Income
- $290,000
- Energy
- $380,000
- Income-Based Land
- $365,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.9403
- Latitude
- 42.8127
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
