88 Island Road

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88 Island Road

Averill Park, NY 12018
Asking Price
Contact for price
Asset Type
Farm Land
Class
Class B

AI Property Summary

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

  • Agricultural land for sale in Averill Park, New York.
  • Property is officially designated as a farm asset type.
  • Located in the quiet rural landscape of Rensselaer County.
  • Positioned within reach of major Capital District transit routes.
  • Suitable for diverse farming operations or long-term land investment.

What's Special

This parcel at 88 Island Road in Averill Park, New York, is currently available for sale, offering a strategic acquisition for agricultural operators or land investors seeking acreage in the Capital District region. The property consists of land classified as a farm, positioned within a landscape characterized by rolling hills and rural residential growth. Its location in Rensselaer County provides proximity to regional transit corridors while maintaining the quiet atmosphere essential for farming operations or long-term land banking strategies. Prospective owners can utilize this site for various agricultural pursuits, ranging from traditional crop cultivation to specialized farming initiatives. The area benefits from a stable regional economy supported by both rural interests and the broader business ecosystem surrounding nearby Albany. Given the size and zoning potential typical of this submarket, the tract represents a functional asset for those looking to expand their agricultural footprint or secure land holdings in an established New York community.

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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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