22 Summit Lane

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22 Summit Lane

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 0.28 acres for sale
  • Strategically situated at 22 Summit Lane in Athens
  • Positioned within the established Hudson Valley economic region
  • Suitable for small-scale office or commercial retail development
  • Benefits from proximity to regional transit and local infrastructure

What's Special

This 0.28-acre commercial land parcel at 22 Summit Lane provides a compact development footprint in Athens, New York. Situated within the Hudson Valley, this site benefits from the regional connectivity offered by proximity to major north-south transit corridors serving the capital district and beyond. The surrounding submarket is characterized by a mix of residential and small-scale commercial activities, reflecting the historic appeal and steady economic base of the region. Given the land size and local zoning potential, the site is suitable for specialized commercial development, small-scale office use, or niche retail projects. Investors and developers looking for a strategic position in a developing suburban market will find the dimensions and location conducive to a variety of project scopes. The property’s accessibility allows for efficient integration into existing local infrastructure.

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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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