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    FOR LEASE
    Manufacturing properties

    2550 9Th Ave, Watervliet, NY 12189

    107,823 SF 2.8 ac lot Built 1960
    Entity Owned 12-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-3060506
    Property summary
    AI-generated overview

    This ±32,600 square foot warehouse space in Watervliet, New York, is available for sublease. Located at 2550 9th Ave, zip code 12189, this single-tenant industrial property offers immediate occupancy, with availability within 30 days. The space is ideal for businesses requiring significant storage and distribution capabilities. The property features two convenient loading docks, streamlining the loading and unloading process for efficient operations. This sublease opportunity presents a cost-effective solution for businesses seeking a well-located warehouse in the Watervliet area. The sublease term extends until July 1st, 2025, providing a solid timeframe for long-term planning and operations. The property's location in Watervliet, New York, offers easy access to major transportation routes, facilitating seamless logistics and distribution. This is a prime opportunity to secure a substantial warehouse space in a strategic location, with immediate availability and a defined lease term. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers. The property is classified as an industrial warehouse and is suitable for a variety of industrial uses.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1960
    Total area 107,823 SF
    Lot 2.8 ac (121,968 SF)
    Zoning code LI
    APN 011800 32.11-2-1.12
    UPID US63-3060506
    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
    Current use
    Occupant on record · Public records
    • ProTek Recycling Recycling Center Waste Management Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $760k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.04M
    Blend (final) Blend
    $905k
    Owner & transaction history
    2550 Watervliet LLC · 12 yrs held
    2550 Watervliet LLC
    since 2013
    2 recorded transactions
    2013
    $950,000
    2012
    $1.0M
    Zoning & alternative use
    LI · Watervliet, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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