Technical
Financial
Distress signals
Property profile

29-31 Market St Amsterdam, NY 12010

OFF-MARKET
Office buildings
Property ID
US63-3871241
24,390 SF 1.2 ac lot Built 1970
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents up to 10,755 square feet of highly visible and easily accessible second-floor office space for lease in a larger 21,500 square foot building located at 29-31 Market Street in Amsterdam, New York (zip code 12010), Montgomery County. The property is a two-story traditional office building offering multiple tenancy options. Four individual suites are available, each offering a turnkey solution for immediate occupancy. Suite 1 encompasses approximately 4,704 square feet. Suite 2 offers approximately 1,350 square feet, featuring six private offices and a shared common room. Suite 3 provides approximately 820 square feet, including four private offices and a reception/waiting area. Finally, Suite 4 comprises approximately 1,050 square feet with three private offices and a reception/waiting area. The building's prominent location ensures high visibility and convenient access for employees and clients alike. This is an ideal opportunity for businesses seeking modern, efficient, and well-appointed office space in a thriving community. The landlord is committed to delivering the space in turnkey condition, minimizing the hassle of tenant improvements and allowing for a swift and seamless move-in. Contact us today to schedule a viewing and secure your ideal workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Total area 24,390 SF
Lot 1.2 ac (52,272 SF)
Zoning code 05 - COMMERCIAL
APN 270100 55.35-1-45.1
UPID US63-3871241

Cap rate & NOI

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

Location

29-31 Market St Amsterdam, NY 12010
Amsterdam metro Census 70900 AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$410k

Owner & transaction history

since 2005
1 recorded transaction
2005
$500,000

Zoning & alternative use

05 - COMMERCIAL · Amsterdam, 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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