Technical
Financial
Distress signals
Property profile

39 Market St Amsterdam, NY 12010

OFF-MARKET
Banks
Property ID
US63-3722577
3,246 SF 0.53 ac lot Built 1970
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3,246-square-foot office building in Amsterdam, New York, presents a unique opportunity for a single tenant. Located at 39 Market Street in Montgomery County, this property boasts a highly visible and easily accessible location within the downtown core business district. Its convenient proximity to I-90 ensures excellent connectivity. The building is currently vacant and available for immediate occupancy. The space is offered as a full gross lease, meaning operating expenses and tax increases above the base year are covered by the landlord. The building is being delivered in vanilla shell condition, allowing the tenant complete flexibility in customizing the space to their specific needs. The property's classification as a traditional office space is complemented by the inclusion of a drive-thru, making it ideal for a variety of businesses, including financial institutions or those requiring convenient client access. The building's total square footage is 3,246 square feet, all of which is currently vacant. The zip code for this property is 12010. This prime location and flexible lease terms make this an attractive investment opportunity.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Total area 3,246 SF
Lot 0.53 ac (23,087 SF)
Zoning code 05 - COMMERCIAL
APN 270100 55.35-1-45.2
UPID US63-3722577

Cap rate & NOI

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

Location

39 Market St Amsterdam, NY 12010-4413
Amsterdam metro Census 70900 AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

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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