15 Edward St Amsterdam, NY 12010
For Sale
This exceptional investment opportunity presents a vacant industrial property located at 15 Edward St, Amsterdam, NY 12010. The property consists of two buildings totaling 11,700 square feet situated on a 0.51-acre lot. The main structure is an 8,850 square foot metal warehouse, complemented by a 2,850 square foot two-story concrete building. Built in 1960, the property is zoned for commercial use, offering a multitude of potential applications. The asking price is $199,000, translating to $17.01 per square foot. Given its size, location, and zoning, this property is ideal for various uses, including warehouse storage, multi-family conversion, or light manufacturing. The property's current condition presents an opportunity for a buyer to add value through renovations and improvements. Its strategic location in Amsterdam, Montgomery County, New York provides easy access to major transportation routes and a growing local market. This is a rare chance to acquire a substantial industrial property at an attractive price point in a desirable location. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. Don't miss this chance to capitalize on this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
05 - COMMERCIAL · Amsterdam, NYAmsterdam. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.