70 - PP Gunpowder Drive

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70 - PP Gunpowder Drive

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 0.28 acres.
  • Property is located at 70 PP Gunpowder Drive in zip code 12015.
  • This location resides within the diverse business climate of Greene County.
  • Asset is suitable for small-scale professional or commercial project development.

What's Special

This commercial land offering in Athens, New York, presents a focused development opportunity for investors or business owners seeking a compact parcel. Spanning 0.28 acres, the site at 70 PP Gunpowder Drive is positioned within a region known for its steady pace and accessible infrastructure. The lot size is well-suited for specialized commercial development, small-scale office facilities, or professional service ventures that benefit from a clear, buildable footprint in this Greene County submarket. As the Athens area continues to attract interest from both regional businesses and local residents, this property provides a foundational asset for those looking to establish a permanent presence. Its scale allows for efficient project management and straightforward development timelines. Whether planning a boutique storefront or a customized professional suite, this land parcel offers a versatile canvas in a key location within the Hudson Valley corridor, appealing to developers who prioritize manageable site requirements for their next commercial project.

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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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