Property profile

4847 State Route 81 SMALL Greenville, NY 12083

FOR LEASE
Investment properties
Property ID
US63-6118919
3,224 SF 0.04 ac lot Built 1980
Individually Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,224 square foot mixed-use building presents a remarkable investment opportunity in the heart of Greenville, NY. Strategically located with easy access to Routes 32, 81, and County Route 26, this two-story property offers unparalleled versatility. The first floor comprises two units, ideal for retail, office, or medical spaces, or easily adaptable for residential conversion. Upstairs, a beautifully renovated four-bedroom, one-bathroom apartment boasts a spacious living room, laundry room, and impressive 10-foot ceilings. Recent significant improvements include new insulation, HVAC systems, and structural upgrades, ensuring both efficiency and longevity. The property's prime location offers exceptional visibility and accessibility, making it perfect for a variety of commercial ventures or as an owner-occupied business. Alternatively, the building could be fully converted into residential units. Its proximity to Greenville's Town Park (2 minutes), Windham (30 minutes) and Hunter Mountain Ski Resorts (40 minutes), Zoom Flume Water Park (10 minutes), Coxsackie's Riverside Park (20 minutes), the Hudson River (20 minutes), Dutchman's Landing Park and Catskill (25 minutes), Athens (20 minutes), Colgate Lake (40 minutes), and Albany (30 minutes) adds significant value and appeal. This meticulously maintained property is ready for immediate occupancy and offers substantial return on investment. Detailed floor plans and virtual tours are available.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1980
Total area 3,224 SF
Lot 0.04 ac (1,742 SF)
Zoning code 03 - MULTI-FAMILY
APN 193200 12.04-3-13
UPID US63-6118919

Cap rate & NOI

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

Location

4847 State Route 81, Unit SMALL Greenville, NY 12083
Greenville metro Census 80201
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2011
2 recorded transactions
2011
$95,000
2005
$140,000

Zoning & alternative use

03 - MULTI-FAMILY · Greenville, 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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