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    Property profile & analytics

    49 Florida Ave Amsterdam, NY 12010-5708

    • Showrooms
    • 22,539 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimation
    $510,000
    Location Intelligence
    Property ID
    US63-6284273
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Amsterdam Castle NY Inc. / Hotel

    Property Details for 49 Florida Ave

    Year built
    1970
    Lot size
    1.90 lot acres
    Property size
    22,539 SF
    Zone code
    03 - MULTI-FAMILY
    Property type
    Showrooms
    APN
    270100 55.50-2-30
    APU
    2701005550230

    Description

    This exceptional mixed-use property in Amsterdam, NY, presents a unique investment opportunity. The centerpiece is the "Amsterdam Castle," a stunning property boasting 22 exquisitely designed rooms, each with a distinct ambiance. The castle also includes a luxurious 5-bedroom, 3-bathroom owner's residence with the potential for a 70ft x 25ft roof garden. A separate, cozy 1-bedroom guest residence provides additional accommodation. The property further comprises two additional fully furnished 4-bedroom houses, ideal for family or staff. Adding to the investment potential is a separate 20,000 square foot commercial building located off-site, suitable for use as a private event space or for lease generation. The property also includes three additional properties at 8 4th Ave, 5 Perkins St, and 3 Perkins St. The castle's ambiance is enhanced by a collection of over 200 art pieces, including original artworks, replicas, prints, and art effects, adding significant character and potential value. This remarkable estate offers a blend of residential luxury, commercial potential, and artistic richness, making it a truly exceptional investment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $615,000
      6.5%
      $615,000
      7%
      $530,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $510,000
      Mixed-Use
      $545,000
      Hospitality
      $510,000
      Educational
      $585,000
      Residential Income
      $570,000
      Energy
      $445,000
      Income-Based Land
      $530,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Amsterdam
    County
    Montgomery
    State
    New York
    Longitude
    -74.1996
    Latitude
    42.9329
    CBSA code
    11220
    CBSA name
    AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $9,088
    $38,400
    $461,600
    $500,000
    -
    $89,302
    $1,073,489
    $1,162,791

    Comparable in this City

    • Value Estimation
      $215,000
      3,528 SF

      12 Chestnut St

      SHOW ROOM, WAREHOUSE • 3,528 SF
      12 Chestnut St, Amsterdam, NY 12010-3508
      View Details
    • Value Estimation by Request
      3,573 SF

      41 Chestnut St

      SHOW ROOM, WAREHOUSE • 3,573 SF
      41 Chestnut St, Amsterdam, NY 12010-3533
      View Details
    • Value Estimation by Request
      6,644 SF

      141 Guy Park Ave

      SHOW ROOM, WAREHOUSE • 6,644 SF
      141 Guy Park Ave, Amsterdam, NY 12010-3205
      View Details
    • Value Estimation
      $670,000
      1.90 Acres

      174 State Hwy 67

      SHOW ROOM, WAREHOUSE • 1.90 Acres
      174 State Hwy 67, Amsterdam, NY 12010-7310
      View Details
    • Value Estimation by Request
      3,226 SF

      207 Church St

      SHOW ROOM, WAREHOUSE • 3,226 SF
      207 Church St, Amsterdam, NY 12010-3911
      View Details
    • Value Estimation
      $260,000
      0.57 Acres

      4812 State Hwy 30

      SHOW ROOM, WAREHOUSE • 0.57 Acres
      4812 State Hwy 30, Amsterdam, NY 12010-7553
      View Details

    Similar Nearby for Sale

    • $325,000
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      Renovated Commercial Property with Upgrades

      Renovated showroom/office/warehouse combo with ample parking and upgrades.
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    • $219,000
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      Corner lot building with showroom, offices, and walk-in cooler.
      194 Guy Park Ave, Amsterdam, NY 12010
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    • New
      $450,000
      0.89 Acres

      Commercial Land in Amsterdam, NY

      Commercial property in Amsterdam, NY, suitable for various uses.
      101 Erie St, Amsterdam, NY 12010
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    • $4,928,571
      14,550 SF

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      Retail property in a prime location near major retailers.
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    Similar Nearby for Lease

    • $14 SF/Yr
      2,400 SF

      Retail Space in Perth Plaza

      Retail space available within a developed commercial corridor.
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      View Details
    • $1.00 SF/Yr

      Commercial Space on Route 30

      Versatile commercial space suitable for medical, retail, or office use.
      4861 State Highway 30, Amsterdam, NY 12010
      View Details
    • $11 SF/Yr
      10,000 SF

      Industrial/Flex Building For Lease

      10,000 SF industrial/flex building for lease in Perth, NY.
      4436 New York 30, Amsterdam, NY 12010
      View Details
    • $5 SF/Yr
      95,571 SF

      Office and Warehouse Space Available

      Office and warehouse spaces for rent with ample parking.
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      View Details
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    49 Florida Ave
    Amsterdam, NY 12010-5708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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