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    OFF-MARKET
    Investment properties

    219 Water St, Elizabethtown, NY 12932

    1,176 SF 0.27 ac lot Built 1995
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US63-3011146
    Property summary
    AI-generated overview

    This exceptional mixed-use property, situated at 219 Water Street in Elizabethtown, New York, presents a unique investment opportunity. The 0.48-acre lot offers significant potential for a variety of uses, given its prime location and existing building. The property is listed at $220,000, representing a compelling entry point into the Elizabethtown market. While the precise square footage of the building is currently unavailable, its mixed-use nature suggests a range of possibilities for both commercial and residential applications. The property's location on Water Street provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic location. Further investigation into the building's current configuration and zoning regulations is encouraged to fully explore the development potential. This property is ideal for an investor seeking a hands-on project with significant upside potential or a developer looking to capitalize on the growing Elizabethtown market. The substantial lot size also allows for future expansion or redevelopment, subject to local planning approvals. Serious inquiries are welcome. Don't miss this chance to acquire a valuable piece of Elizabethtown real estate.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1995
    Total area 1,176 SF
    Lot 0.27 ac (11,761 SF)
    Zoning code 05 - COMMERCIAL
    APN 152400 55.84-1-15.161
    UPID US63-3011146
    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
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    LLC Carpediem Real Properties · 16 yrs held
    LLC Carpediem Real Properties
    since 2009
    1 recorded transaction
    2009
    Zoning & alternative use
    05 - COMMERCIAL · Elizabethtown, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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