444 Washington St, Rensselaer, NY 12144-2617
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
MU1 · Rensselaer, NYRensselaer. Always verify with local authorities before improvements.
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.