South Greenwood Drive

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South Greenwood 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).

  • The parcel encompasses a total of 0.41 acres of land
  • This site is zoned for potential commercial development
  • The property is positioned within the municipality of Athens
  • Development opportunities exist for retail or office space
  • Located near primary Hudson Valley transportation and transit routes

What's Special

Athens, New York, provides a strategic setting in the Hudson Valley, characterized by its proximity to regional transit corridors and a growing local economic landscape. This 0.41-acre parcel on South Greenwood Drive presents a versatile footprint for commercial development within a suburban environment. Its location serves businesses looking to capture activity within the Athens corridor while benefiting from the surrounding upstate demographic trends. Investors and developers may find this commercial land suitable for a variety of build-to-suit projects. The site offers sufficient scale for small-scale office construction, specialized retail facilities, or service-oriented businesses aiming to establish a presence in this region. Given the evolving nature of the Athens market, this property provides a foundational asset for those seeking to expand their commercial footprint in New York state.

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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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