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    FOR SALE
    Investment properties

    69 Main Ave, Wynantskill, NY 12198

    0.79 ac lot Built 1950
    Entity Owned 3-yr Hold Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Concetta’s Pizza House Restaurant
    • A Wireless Solution 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
    $805k
    Owner & transaction history
    Raman Properties 2 INC · 3 yrs held
    Raman Properties 2 INC
    since 2022
    Last sale
    $1.1M
    3 recorded transactions
    2022
    $1.1M
    2013
    2009
    Zoning & alternative use
    BN · Wynantskill, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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