129 Lakeview Drive

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129 Lakeview Drive

Athens, NY 12015
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset spanning 0.5 acres in Athens.
  • Located at 129 Lakeview Drive in New York State.
  • Property sits at coordinates 42.2922, -73.8123.
  • Suitable for diverse commercial development and site planning.
  • Positioned within the growing Hudson Valley regional market.

What's Special

Situated at 129 Lakeview Drive in Athens, New York, this 0.5-acre parcel of commercial land represents a strategic acquisition for developers or business owners seeking to establish a footprint in the Hudson Valley region. The property occupies a functional site within a growing suburban market, benefiting from the area's ongoing economic development and its accessibility to major regional transportation corridors. Investors and developers often look to Athens for its balance of natural surroundings and proximity to larger population centers, making this an adaptable asset for diverse commercial applications. Given the zoning and site characteristics, this land is well-suited for professional service offices, small-scale retail centers, or specialized service businesses looking for a visible location. The manageable footprint allows for a streamlined development process, catering to entrepreneurs or firms focused on building efficient infrastructure. Prospective buyers should consider the regional demand for commercial space as they evaluate the potential for site planning and long-term asset appreciation in this part of Greene County.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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