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    Investment properties

    514 4Th St, Watervliet, NY 12189

    13,313 SF 0.33 ac lot Built 1970
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US63-1289943
    Property summary
    AI-generated overview

    This exceptional 13,313-square-foot warehouse facility presents a unique investment opportunity in Watervliet, NY. Located at 514 4th Street, at the intersection of 4th and 6th Streets, this single-tenant property boasts a substantial 4,500 square feet of finished office space, perfectly complementing the expansive warehouse area. The building features three overhead doors – two measuring 10 feet in height and one at 12 feet – providing convenient access for loading and unloading. The warehouse benefits from a generous 13-foot ceiling height, maximizing storage and operational efficiency. The property is zoned R1 - Residential 1, but operates under a non-conforming, grandfathered use, allowing for continued industrial operations. This versatile space is ideally suited for a variety of sales or service-based businesses. The asking price for this block building is $345,000. The property's APN is 44.49-3-40. This is a rare opportunity to acquire a well-maintained, established industrial property in a desirable location. The property's size, features, and zoning status make it a compelling investment prospect. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1970
    Total area 13,313 SF
    Lot 0.33 ac (14,200 SF)
    Zoning code R1
    APN 011800 44.49-3-40
    UPID US63-1289943
    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
    Current use
    Occupant on record · Public records
    • Hart Alarm Systems Inc Security Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    JAMES HART
    JAMES HART
    Zoning & alternative use
    R1 · Watervliet, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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