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 parcel spanning 0.5 acres in Athens, New York.
  • Property is currently available for purchase at 129 Lakeview Drive.
  • Strategic location supports diverse commercial development and retail use cases.
  • The site is situated within a developing region of Greene County.
  • Parcel dimensions allow for flexible planning for office or retail.

What's Special

Development of this 0.5-acre commercial land parcel at 129 Lakeview Drive offers a strategic entry point into the Athens, New York market. The site is suitable for small-scale retail operations, professional office construction, or specialized service centers requiring high visibility. Its position within this Greene County community provides access to regional transit routes connecting the Hudson Valley to the Capital District. Investors and business owners will find this plot positioned in a growth-oriented corridor characterized by stable local demand. The site dimensions allow for versatile site planning, accommodating various commercial footprints depending on the intended business function. With its proximity to primary municipal infrastructure and transport arteries, the property functions as a practical asset for organizations looking to establish a footprint in the Northern Hudson Valley region. This parcel provides the foundational requirements for development projects ranging from standalone storefronts to boutique commercial facilities tailored to the needs of the surrounding residential and commercial population.

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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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