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69 Main Ave 79 Wynantskill, NY 12198-7542

OFF-MARKET Investment properties Google Maps
0.79 ac lot Built 1950
Entity Owned 3-yr Hold Free & Clear
Estimated value (blended)
$550k
Range $495k – $605k (±10%)
Property ID US63-1064978

Property summary

AI-generated overview

This exceptional 0.79-acre commercial lot presents a unique investment opportunity in the thriving Wynantskill, NY market. Located at 69 Main Ave Unit 2, this property offers significant potential for a variety of commercial ventures. The expansive lot size provides ample space for new construction, allowing for the development of a substantial building tailored to specific business needs. Its strategic location on Main Avenue ensures high visibility and accessibility, attracting potential customers and clients. The property's zoning classification (not specified in provided data) will need to be verified by the prospective buyer to determine permitted uses. This presents a blank canvas for entrepreneurs and developers seeking to establish a strong presence in a dynamic community. The asking price of $145,000 represents a compelling entry point into the Wynantskill commercial real estate market, offering significant return potential. Serious inquiries are encouraged to explore the possibilities this prime location offers. Further due diligence, including a thorough site inspection and review of relevant municipal records, is recommended before any purchase decision. This property is being sold "as is." The absence of square footage information in the provided data necessitates independent verification. Don't miss this chance to acquire a valuable piece of Wynantskill real estate.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Lot 0.79 ac (34,412 SF)
Zoning code BN
APN 383200 124.5-1-6
UPID US63-1064978

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2022
Last sale
$1.1M
3 recorded transactions
2022
$1.1M
2013
Price N/A
2009
Price N/A

Zoning & alternative use

BN · Wynantskill, 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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