34 Gleneida Ave Carmel, NY 10512-1709
This exceptional 5,731 square foot commercial building is situated on a 0.25-acre lot at 34 Gleneida Ave in the Hamlet of Carmel, NY. Boasting 75 feet of road frontage, this property enjoys unparalleled visibility with approximately 19,000 cars passing daily. Its strategic location directly across from Lake Gleneida provides stunning views and a highly desirable setting. The building's previous use as a Chevy dealership speaks to its robust construction and ample space. The property is served by public sewer and water. This unique opportunity is ideal for a variety of commercial ventures, including restaurants, fitness centers, retail stores, or theaters, catering to the growing Carmel community. The property currently lacks on-site parking
C. No existing building shall be demolished to accommodate the uses set forth herein, unless the Planning Board, after consultation with the Building Inspector, determines that the dwelling is uninhabitable and cannot be rehabilitated. Cost alone shall not be the determinative factor in whether a building can be rehabilitated. New buildings shall be designed…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Carmel, NYC. No existing building shall be demolished to accommodate the uses set forth herein, unless the Planning Board, after consultation with the Building Inspector, determines that the dwelling is uninhabitable and cannot be rehabilitated. Cost alone shall not be the determinative factor in whether a building can be rehabilitated. New buildings shall be designed to be consistent with the overall residential appearance of the corridor. D. The maximum lot coverage, including all parking areas, shall not exceed 40% of the total lot area. E. The lot on which the use is proposed shall have a minimum 50 feet of street frontage and shall obtain vehicular access directly to a street or highway identified in Subsection A above.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
