Property profile

227-231 Park Ave Mechanicville, NY 12118

OFF-MARKET
Turn key restaurants
Property ID
US63-2880646
4,298 SF 0.13 ac lot Built 1989
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Total area 4,298 SF
Lot 0.13 ac (5,663 SF)
Zoning code 05 - COMMERCIAL
APN 411000 262.61-4-11
UPID US63-2880646

Cap rate & NOI

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

Location

227-231 Park Ave Mechanicville, NY 12118
Mechanicville metro Census 62200 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2006
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Mechanicville, 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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