614 19Th StWatervliet, NY 12189

Property Details for 614 19Th St

Year built

1950

Lot size

0.06 AC

Property size (Sq ft)

2,170 SF

Zone code

MU2

Property type

Investment properties

Property subtype

Live-work space

APN

011800 32.58-3-2

APU

11800325832

Description

This exceptional mixed-use property, located at 614 19th Street, Unit 614, in Watervliet, NY, presents a compelling investment opportunity. Situated on a 0.06-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The asking price is $274,900. While the precise square footage is currently unavailable, the property's size and location within the vibrant Watervliet community suggest strong potential for rental income or owner-occupancy. The address indicates a unit within a larger building, though further details regarding the building's specifics are not currently available. This property is ideally suited for an investor seeking a foothold in the Watervliet market or an entrepreneur looking to establish a business with residential living space. The 0.06-acre lot provides ample space for potential expansion or outdoor amenities, depending on the intended use. Given the limited information currently available, interested parties are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their specific needs. The strategic location in Watervliet offers easy access to local amenities, transportation routes, and a thriving community. This is a rare opportunity to acquire a mixed-use property in a desirable location at an attractive price point. Serious inquiries are welcome.

• CAP approach

  CAP return

  Valuation

  6%

  $539,062

  6.5%

  $497,595

  7%

  $462,053

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,438

  Geo Method

  $283,532

• Alternative Use

  Use

  Valuation

  Residential

  $617,018

  Hospitality

  $565,185

  Educational

  $470,228

  Medical

  $486,399

  Retail

  $731,465

Location Insight

City

Watervliet

County

Albany

State

New York

Latitude

42.7312

Longitude

-73.7062

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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