Property profile

711 Saratoga Rd Gansevoort, NY 12831

OFF-MARKET
Investment properties
Property ID
US63-1849266
1,753 SF 3.26 ac lot Built 1935
Individually Owned 19-yr Hold Absentee Owner
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Property summary

AI-generated overview

This exceptional 3.26-acre mixed-use property located at 711 Saratoga Road, Unit 711, in Wilton, NY presents a unique investment opportunity. The property's expansive acreage offers significant potential for a variety of commercial and/or residential uses, subject to local zoning regulations. Its strategic location within Wilton provides easy access to major transportation routes, ensuring convenient connectivity for businesses and residents alike. The substantial land area allows for ample development possibilities, catering to diverse business needs or expansion plans. The property's versatility makes it an attractive prospect for entrepreneurs seeking a prominent location to establish their ventures or for investors looking for a strong return on investment. Further due diligence is recommended to explore the full range of development options permitted under the current zoning regulations. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a significant parcel of land in a desirable Wilton location. Serious inquiries only. The asking price for this exceptional property is $449,900.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1935
Total area 1,753 SF
Lot 3.26 ac (142,006 SF)
Zoning code RB-1
APN 415600 140.-1-2.2
UPID US63-1849266

Cap rate & NOI

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

Location

711 Saratoga Rd Gansevoort, NY 12831-2537
Gansevoort metro Census 60705 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2006
3 recorded transactions
2006
$375,000
2005
Price N/A
1969
Price N/A

Zoning & alternative use

RB-1 · Gansevoort, 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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