Harrington Drive

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Harrington Drive

Austerlitz, NY 12017
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 spanning 6.7 acres total.
  • Located on Harrington Drive in Austerlitz, New York.
  • Property sits within the 12017 zip code area.
  • Coordinates place the site at 42.2850, -73.4927.
  • Large lot size accommodates various commercial development plans.

What's Special

This 6.7-acre commercial land parcel on Harrington Drive in Austerlitz, New York, presents a significant footprint for development in a quiet, growing region of the state. Positioned within Columbia County, the site provides a functional canvas for a variety of commercial applications, catering to investors or businesses looking to establish a footprint in this rural yet accessible part of the Hudson Valley. The open topography of the acreage offers flexibility for site planning, supporting potential projects ranging from professional services to small-scale hospitality or industrial operations. As Austerlitz continues to experience moderate growth, securing large, usable tracts of land becomes a strategic move for those aiming to capitalize on regional demand. The property benefits from its proximity to primary transit routes, making it a practical choice for developers seeking a balance between seclusion and connectivity in the Northeast corridor.

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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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