136 N. Washington St

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136 N. Washington St

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 26.62 acres in Athens
  • Strategically located site situated along North Washington Street
  • Asset provides significant development potential for diverse commercial use
  • Property positioned within the growing Hudson River economic corridor
  • Flexible acreage suitable for various long-term real estate investments

What's Special

Athens, New York, serves as a growing Hudson River community characterized by its scenic waterfront and accessibility to the larger Capital District and Catskill Mountain region. This commercial land site comprises 26.62 acres along North Washington Street, offering substantial scale for development projects in a region that balances historic charm with expanding regional trade activity. The property provides the necessary footprint to support a variety of commercial enterprise applications, ranging from hospitality ventures to industrial or large-scale retail development. Its position within this corridor allows for convenient logistics connectivity while maintaining a footprint suitable for long-term strategic investment. Investors and developers seeking flexible, large-format acreage in a stable New York market will find this parcel serves as a viable foundation for a diverse range of operational requirements. With significant developable land available, the site remains positioned to accommodate the evolving needs of the local and regional commercial landscape.

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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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