95 Union Street

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95 Union 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).

  • The commercial land parcel encompasses 16.37 acres in Athens.
  • Located at 95 Union Street with accessible regional transit routes.
  • Property sits within the growing Greene County upstate corridor.
  • Acreage allows for diverse commercial or light industrial development.
  • Strategic location offers proximity to the regional Capital District.

What's Special

Athens, New York, is situated along the Hudson River in Greene County, providing a balance of accessibility and regional growth within the greater Capital District. This commercial land offering at 95 Union Street spans 16.37 acres, providing a significant footprint for development in a quiet but well-connected riverside community. The site benefits from proximity to local transit routes and the demographic reach of the surrounding upstate corridor. Given the acreage and the site's classification, potential development paths range from various commercial retail ventures to light industrial or warehousing projects that require substantial square footage. Investors and developers will find this parcel suitable for projects seeking a strategic location outside of dense urban centers while maintaining strong regional connectivity. The scale of the property allows for flexible site planning, accommodating both medium-scale footprints and expansive operations within a growing submarket. This asset represents a viable site for businesses aiming to establish or expand their physical presence in a scenic, accessible segment of the New York market.

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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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