Property profile

183 Main St Sharon Springs, NY 13459

OFF-MARKET
Other investment properties
Property ID
US63-0374709
3,704 SF 1.3 ac lot Built 1900
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

A Victorian three-family residence with a mansard roof, configured for separate living on each floor, where each level is laid out as a full apartment. Each apartment provides two bedrooms, a kitchen/dining area, a living room, and one bathroom, with washer and dryer hookup availability and included refrigerators and stoves; each unit has its own electric entrance. The property features replacement windows throughout and is heated by a three-zone gas hot water system, with village water and sewer service. Structural and exterior features include a large attic, a partial basement, a large front porch plus a smaller porch for the ground-floor apartment, walk-out access from the lower apartments, and an upper-level downstairs lobby with a French door opening to a fire escape. The two lower apartments are described as handicapped accessible, and any potential lead paint has been encapsulated. The building is zoned commercial and is sited on approximately 1.3 acres with a private side yard set below the road behind a large privacy fence on top of a stone wall; the rear includes two streams with audible water flow into the main stream. Parking for approximately six to eight vehicles is available at the rear via a wide shared drive. The building’s design supports unit separation and independent electric service for each apartment, making it suitable for either multi-unit occupancy or an owner-occupied configuration with multiple occupants.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 3,704 SF
Lot 1.3 ac (56,628 SF)
Zoning code R
APN 434601 5.18-1-12
UPID US63-0374709

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

183 Main St Sharon Springs, NY 13459-3164
Sharon Springs metro Census 740400 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2016
2 recorded transactions
2016
$160,000
2007
$102,500

Zoning & alternative use

R · Sharon Springs, NY

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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