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Property profile & analytics
FOR SALE
Mining land & claims

96 Partition St Rensselaer, NY 12144

29.26 ac lot
Individually Owned 11-yr Hold Free & Clear
Property ID
US63-3329402
Property summary
AI-generated overview

This exceptional 29.26-acre commercial land parcel presents a remarkable development opportunity in Rensselaer, NY. Located at 96 Partition Street, this property boasts convenient access to major transportation arteries, including Interstates 787 and 90, ensuring seamless connectivity. Previously approved for a substantial 178-unit apartment complex, this site offers significant potential for high-density residential development. The asking price is $1,400,000, translating to a land value of $1.10 per square foot. Its strategic location offers easy access to shopping and is within walking distance of downtown Rensselaer, providing residents with a vibrant urban lifestyle. Enjoy breathtaking views of the Albany skyline, adding to the property's desirability. The site's zoning and prior approvals streamline the development process, minimizing potential delays and maximizing return on investment. This is a rare chance to acquire a large, well-situated parcel in a thriving New York community, ideal for developers seeking a high-impact project. The property is situated in Rensselaer County, New York, with a zip code of 12144. Detailed site plans and prior approvals are available upon request. This prime location offers unparalleled potential for a lucrative development venture.

Property profile
Verified
Property type Mining land & claims
Use group MINING, MINERAL, QUARRIES
Lot 29.26 ac (1,274,566 SF)
APN 381400 144.53-5-1
UPID US63-3329402
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
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
Cristo,michael JR Tr · 11 yrs held
Cristo,michael JR Tr
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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