Albany Turnpike

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Albany Turnpike

Chatham, NY 12037
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Expansive 78-acre site available for commercial development
  • Located along the Albany Turnpike in Chatham, New York
  • Versatile land parcel suitable for various commercial project types
  • Situated within the accessible and growing Hudson Valley region
  • Large acreage offers significant potential for site development

What's Special

This 78-acre commercial land parcel on Albany Turnpike in Chatham, New York, provides substantial acreage for diverse development projects. Positioned within a scenic region of the Hudson Valley, the site benefits from the area's ongoing appeal to businesses and residents seeking proximity to major Northeast metropolitan hubs. The land's size and accessibility make it a candidate for commercial use cases requiring significant footprint or expansion potential. The regional economy thrives on a blend of agriculture, tourism, and small-scale manufacturing, supported by a network of well-traveled roadways. Developers and investors evaluating this site can capitalize on the geographic position of Chatham, which serves as a nexus between larger urban centers and the tranquil rural landscape of upstate New York. Its scale allows for flexibility in site planning, catering to commercial ventures looking to establish a presence in a growing suburban and rural 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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