NYS Route 22

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NYS Route 22

Canaan, NY 12029
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 property encompasses a total of 120.45 acres of land.
  • Site is situated directly along the NYS Route 22 corridor.
  • Commercial asset type allows for diverse development and investment strategies.
  • Located in the town of Canaan in Columbia County, New York.
  • Expansive acreage supports large-scale projects or future commercial site planning.

What's Special

Development of this 120.45-acre commercial land parcel on NYS Route 22 in Canaan, New York, presents a significant landholding opportunity. Situated within Columbia County, this property benefits from the region's steady regional growth and accessibility to major transit corridors connecting the Hudson Valley to the Berkshires. The expansive acreage provides substantial flexibility for various commercial site plans, ranging from hospitality ventures and recreational facilities to large-scale industrial storage operations. Investors and developers will find this site well-positioned to serve both local and regional demographics, capitalizing on the high visibility and accessibility of its Route 22 frontage. With its strategic location, the site represents a long-term investment prospect in a growing market that bridges upstate New York and New England.

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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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