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Property profile & analytics
FOR SALE
Office buildings

208 Hamilton St North Painted Post, NY 14870

42,000 SF 1.96 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US63-2653472
208 Hamilton St North, Painted Post, NY 14870 For Sale
$789,900 42,000 SF
208 Hamilton St North, Painted Post, NY 14870
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Property summary
AI-generated overview

This exceptional industrial property presents a rare opportunity in the Corning, NY market. The former Dresser Rand Engineering Building offers 42,000 square feet of space across two stories, situated on a 1.96-acre lot. The building features a large open floor plan on each floor, with a former wet lab and office space on the ground floor. A convenient loading dock is located at the rear, complemented by ample paved parking. Zoned for industrial use, this property boasts easy access to Interstates 86 and 99, placing it within close proximity to downtown Corning, Corning Incorporated Headquarters, and Sullivan Research Park. The asking price is $789,900, translating to $18.81 per square foot. The building includes one unit and a single loading dock. While the sprinkler system is currently out of service, the property is being sold "as is." This presents a unique chance to acquire a substantial industrial building in a prime location. The property's address is 208 N Hamilton St, Painted Post, NY 14870, with APN 299.13-03-003.000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 42,000 SF
Lot 1.96 ac (85,378 SF)
APN 464201 299.13-03-003.000
UPID US63-2653472
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.07M
Owner & transaction history
NORTH HAMILTON 208 LLC
NORTH HAMILTON 208 LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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