340 Sleepy Hollow Road

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340 Sleepy Hollow Road

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 available for acquisition in Athens, New York.
  • The site encompasses a total area of 1.82 acres.
  • Property is located at 340 Sleepy Hollow Road.
  • Suitable for various commercial development and investment projects.
  • Positioned within the growing Capital District regional market.

What's Special

This commercial land for sale provides a 1.82-acre parcel suitable for investors or developers seeking a foothold in Athens, New York. The site offers sufficient space for a range of commercial applications, allowing for flexible site planning near the Hudson River corridor. Athens serves as an accessible market within the broader Capital District region, benefiting from connectivity to nearby regional thoroughfares and steady local growth. With its strategic positioning at 340 Sleepy Hollow Road, the property allows potential owners to establish a presence in a developing area that supports diverse business ventures. The scale of the lot provides an efficient footprint for retail, service, or mixed-use commercial development, catering to the needs of the surrounding community and regional commuters. Buyers can leverage this raw land to tailor infrastructure to specific operational requirements while capitalizing on the site's proximity to regional economic centers in upstate New York.

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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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