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    FOR LEASE
    Warehouses

    2437 3Rd Ave, Watervliet, NY 12189

    11,316 SF 0.39 ac lot Built 1925
    Entity Owned 17-yr Hold ~ Est. High Equity
    Property ID
    US63-0573028
    Property summary
    AI-generated overview

    This exceptional 0.39-acre industrial property, located at 2437 3rd Ave Unit 2437 in Watervliet, NY, presents a significant opportunity for investors and developers. The property is zoned for industrial use and offers considerable potential for a variety of projects. Its generous 0.39-acre lot provides ample space for construction or expansion. The address, 2437 3rd Ave Unit 2437, ensures excellent visibility and accessibility. The asking price is $850,000, reflecting the property's significant potential and strategic location within Watervliet. Given the size of the lot and its industrial zoning, this property is well-suited for a range of uses, from warehousing and distribution to light manufacturing or other industrial applications. The property's location offers convenient access to major transportation routes, further enhancing its appeal to businesses seeking efficient logistics and distribution capabilities. Serious inquiries are encouraged to explore the possibilities this unique property offers. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a prime industrial property in a thriving location. Act quickly, as opportunities like this are rare.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1925
    Total area 11,316 SF
    Lot 0.39 ac (16,920 SF)
    Zoning code MU2
    APN 011800 32.43-1-16
    UPID US63-0573028
    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
    2431 Third Ave LLC · 17 yrs held
    2431 Third Ave LLC
    since 2008
    5 recorded transactions
    2008
    $345,000
    1969
    1969
    1969
    1969
    Zoning & alternative use
    MU2 · Watervliet, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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