34 Gleneida AveCarmel, NY 10512

Property Details for 34 Gleneida Ave

Year built

1930

Lot size

0.22 AC

Property size (Sq ft)

5,876 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

372000 44.18-1-28.1

APU

37200044181281

Description

This exceptional 5,731 square foot commercial building is situated on a 0.25-acre lot at 34 Gleneida Ave in the Hamlet of Carmel, NY. Boasting 75 feet of road frontage, this property enjoys unparalleled visibility with approximately 19,000 cars passing daily. Its strategic location directly across from Lake Gleneida provides stunning views and a highly desirable setting. The building's previous use as a Chevy dealership speaks to its robust construction and ample space. The property is served by public sewer and water. This unique opportunity is ideal for a variety of commercial ventures, including restaurants, fitness centers, retail stores, or theaters, catering to the growing Carmel community. The property currently lacks on-site parking

• CAP approach

  CAP return

  Valuation

  6%

  $971,478

  6.5%

  $896,749

  7%

  $832,696

• Comparable approach

  Method

  Valuation

  Relative Method

  $767,758

  Geo Method

  $767,758

• Alternative Use

  Use

  Valuation

  Residential

  $1,111,969

  Hospitality

  $1,018,558

  Educational

  $847,428

  Medical

  $876,572

  Retail

  $1,318,221

Location Insight

City

Carmel

County

Putnam

State

New York

Latitude

41.4256

Longitude

-73.6784

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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