36 Main St Amsterdam, NY 12010

This three-story, 4,674 square foot mixed-use building at 36 Main Street in Amsterdam, NY, presents a unique investment opportunity. Built in 1960, this solid brick structure boasts a full basement and sits on a 1,760 square foot lot (APN: 55.35-1-42). Currently, the occupancy is 33%, with one unit on a month-to-month lease and the remaining units vacant as of June 1, 2024. The building comprises three units: a ground floor retail space and two apartments. The retail space was recently renovated. The building features newly installed heating units, reducing energy costs. The first and third floors, along with the basement (each approximately 1600 sq ft), are currently vacant. The second floor is divided into two apartments, each with a separate entrance. The third floor is a large open space, formerly a ballroom. The building's location in the heart of Amsterdam, NY, offers excellent business potential. Annual real estate taxes are $2,400. The asking price is $265,000 ($56.70/sq ft). This property offers a rare chance to acquire a well-located mixed-use building with significant upside potential.