2 N Water Street

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2 N Water Street

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 totaling 0.08 acres for sale
  • Located at 2 N Water Street in Athens, New York
  • Situated in a historic riverside community in Greene County
  • Development site suitable for retail or light office use
  • Accessible location within the greater Hudson Valley region

What's Special

Spanning 0.08 acres, this commercial land parcel at 2 N Water Street in Athens, New York, presents a development opportunity within the Hudson Valley region. The site is positioned in a historic riverside community characterized by its small-town charm and proximity to the Hudson River. Athens maintains a steady local economy supported by tourism and residential growth, making it a viable location for boutique retail, small-scale office developments, or other light commercial ventures compatible with local zoning requirements. Investors and developers looking to establish a footprint in this scenic Greene County market will find the size manageable for infill projects. The property offers accessibility to regional transportation corridors that connect the northern and southern reaches of the New York capital district. Prospective buyers should conduct due diligence regarding specific municipal development standards to determine the most effective utility for this commercial-zoned land in the heart of Athens.

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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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