49 Florida Ave Amsterdam, NY 12010-5708
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.
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Amsterdam Castle NY Inc. Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
03 - MULTI-FAMILY · Amsterdam, NYCosts & 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.