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    OFF-MARKET
    Showrooms

    444 Washington St, Rensselaer, NY 12144-2617

    0.21 ac lot Built 1968
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-0445323
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 444 Washington Street, Unit 444, in the vibrant city of Rensselaer, New York, presents a compelling investment opportunity. Situated on a sizable 0.21-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The building's precise square footage is currently unavailable, however, the substantial lot size and prime downtown location suggest ample space for development or expansion. The asking price is $499,999, reflecting the property's strong potential for return on investment. Its central location within Rensselaer provides easy access to local amenities, transportation networks, and a thriving community. This property is ideal for savvy investors seeking a versatile asset with significant upside potential in a growing market. The property's mixed-use zoning allows for a range of possibilities, from retail spaces to residential units, or a combination thereof, making it an attractive option for entrepreneurs and developers alike. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal development strategy. This is a rare opportunity to acquire a strategically located mixed-use property in a desirable New York location. Don't miss out on this chance to secure a valuable asset with significant long-term growth prospects.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1968
    Lot 0.21 ac (9,148 SF)
    Zoning code MU1
    APN 381400 143.68-1-1
    UPID US63-0445323
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Upstate Manor LLC · 4 yrs held
    Upstate Manor LLC
    since 2022
    Last sale
    $270,001
    3 recorded transactions
    2022
    $270,001
    2019
    1969
    Zoning & alternative use
    MU1 · Rensselaer, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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