Property profile

2561 State Rte 40 Greenwich, NY 12834

OFF-MARKET
Commercial land
Property ID
US63-0581994
0.71 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

Discover a unique opportunity in Greenwich, NY with this exceptional 1-acre parcel of land located at 2561 State Route 40. Priced affordably at $189,000, this property presents a blank canvas for your vision. The expansive one-acre lot offers significant potential for various development projects, from building a custom home to creating a unique recreational space. Its location on State Route 40 provides convenient access to local amenities and transportation routes. The absence of existing structures allows for complete design freedom, enabling you to tailor the property to your specific needs and preferences. This is a rare chance to acquire a substantial piece of land in a desirable location, offering both privacy and accessibility. The property's versatility makes it suitable for a wide range of uses, making it an attractive investment for both residential and commercial purposes. Seize this opportunity to build your dream project or capitalize on the land's potential for future development. Act quickly, as properties like this are in high demand. The asking price reflects the exceptional value and potential of this remarkable piece of land. Detailed surveys and zoning information are readily available upon request.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.71 ac (31,144 SF)
Zoning code C
APN 533489 228.-2-2.3
UPID US63-0581994

Cap rate & NOI

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

Location

2561 State Rte 40 Greenwich, NY 12834-2301
Greenwich metro Census 89000 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
2 recorded transactions
2025
$155,000
2011
Price N/A

Zoning & alternative use

C · Greenwich, 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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