2 Mitchell Street

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2 Mitchell Street

Hillsdale, NY 12529
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 9.6 acres of commercial land.
  • Located at 2 Mitchell Street in Hillsdale, New York.
  • The parcel is zoned for commercial development applications.
  • This site is positioned within the active Columbia County market.
  • Coordinates for the parcel are 42.1846 latitude and -73.4922 longitude.

What's Special

Spanning 9.6 acres, this commercial land parcel at 2 Mitchell Street presents a significant development prospect in Hillsdale, New York. The site offers substantial acreage suitable for various commercial applications, providing the necessary scale for business operations or strategic investment holding within the regional landscape. Hillsdale serves as a growing rural submarket in Columbia County, characterized by a steady local economy and its proximity to major transit routes that connect the Berkshires to the Hudson Valley. Investors and developers may find this property well-suited for businesses requiring expansive grounds, such as hospitality ventures, specialized storage facilities, or light industrial usage. The topography and size allow for flexible site planning, accommodating potential expansion or phased development strategies. With its strategic position in this active corridor, the land provides a foundation for projects looking to benefit from the area's development potential and accessible location.

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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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