40 2nd Street

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40 2nd Street

Athens, NY 12015
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The business is offered for sale in Athens, New York.
  • The facility spans a total of 4,080 square feet.
  • The location is at 40 2nd Street in the 12015 ZIP code.
  • The site sits in a region known for its historic riverfront charm.
  • Property coordinates are situated at 42.2606 latitude and -73.8095 longitude.

What's Special

This business for sale occupies a 4,080 square foot space situated at 40 2nd Street in Athens, New York. The property is positioned within a regional landscape characterized by its historic charm and accessibility along the Hudson River, serving as a gateway to the broader Catskill region and upstate economic hubs. Business operations in this area benefit from consistent regional tourism and local resident engagement, making this site a viable prospect for various commercial applications. Investors and entrepreneurs looking to establish a footprint in this growing community will find the scale of the facility conducive to multiple business models requiring flexible square footage. The surrounding area supports a mix of small-scale commerce and community-focused ventures, providing a stable foundation for the incoming operator to integrate into the local market. Prospective buyers should conduct independent due diligence regarding site specifics and operational zoning requirements to ensure alignment with their intended commercial strategy for this well-positioned location.

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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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