2530-2534 Rte 9W
Ravena, NY 12143
$1,500,000
Price
—
Beds
13,648 Sq. Ft.
$110 / Sq. Ft.
13,648
Sq. Ft.
$110
per Sq. Ft.
Description
Great Investment Property with a 4 --Cap Rate.! All of the 5 apartments have been renovated with all new appliances, and hardwood floors. Brand new roof on the building. Warehouse is currently rented with 2 door loading docks. Vintage store is fully rented for over 9 years. Car dealer leases office space and side lot. This property sits on 2 acres and can park approximately 100 cars or more.Great Investment Property with a 4 --Cap Rate.! All of the 5 apartments have been renovated with all new appliances, and hardwood floors. Brand new roof on the building. Warehouse is currently rented with 2 door loading docks. Vintage store is fully rented for over 9 years. Car dealer leases office space and side lot. This property sits on 2 acres and can park approximately 100 cars or more.
- Listed by Kathy Ann Shumway • Win Morrison Realty-KP: (845)-901-6555 C: (845)-901-6555 kathy_shumway@yahoo.com
Property Details for 2530-2534 Rte 9W
Waterfront YN
No
General Property Information:Waterfront YNNo
LISTING UPDATED: 10/03/2024 03:44 PM
Property Details for 2530-2534 Rte 9W
| Status | Active |
|---|---|
| MLS # | 20244037 |
| Days on Market | 46 |
| Taxes | $6,655 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $5,000 / month |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale / Mixed Use |
| Year Built | 1950 |
| Lot Size | 1.92 AC / 83,635 SF |
| County | Albany County |
Building Information for 2530-2534 Rte 9W
Stories2Residences8Year Built1950Lot Size1.92 AC / 83,635 SF
Property Information for 2530-2534 Rte 9W
Summary
Location and General Information
- Sign On Property YN: No
- Road Frontage Type: State Road
- Road Surface Type: Gravel, Paved
- Directions: Take I-87-N via the ramp to Albany. Take exit 21 B to merge onto US-9W N/ Route 9 W towards Ravena. Merge onto US-9W N destination on your right.
- Location Tax and Legal:Township: Other
- Zoning: C
- Zoning Description: Commercial, mixed use, conforming.
- MLS Area Major: Albany
- Street Name: 9w
- Street Suffix: Route
- State: NY
- Zip Code: 12143
- County: Albany
- Latitude: 42.463304
- Longitude: -73.816697
- Unparsed Address: 2530-2534 9w Route, Ravena, NY 12143
- Street Number: 25302534
- Location Tax and Legal:Zoning: C
- General Property Information:Accessibility Features YN: No
- General Property Information:Flood Plain YN: No
- General Property Information:Sign On Property YN: No
- Road Surface Type:Gravel: Yes
- Road Surface Type:Paved: Yes
- Location:Other: Yes
Taxes and HOA
- Location Tax and Legal:General Tax: $1,979
- Location Tax and Legal:School Tax: $4,676
- Location Tax and Legal:Tax Annual Amount: $6,655
- Location Tax and Legal:Tax Assessed Value: $253,000
- Location Tax and Legal:Tax Legal Description: Store/Office Mixed Use
- Location Tax and Legal:Tax Lot: 43.001
- Location Tax and Legal:Tax Block: 1
- Tax Assessed Value: 253000
- Association Fee: $.00
- Parcel Number: 012489 168.-1-43.1
- Tax Block: 1
- Tax Legal Description: Store/Office Mixed Use
- Tax Lot: 43.001
- Tax Annual Amount: $6,655
School Information
- Location Tax and Legal:School District: Rav-Coey-Selkirk
Parking
- Parking Total: 200
- General Property Information:Parking Total: 200
Virtual Tour
- Total Virtual Tours Count: 0
Property
Lot Information
- Lot Size Acres: 1.92
- Lot Features: Back Yard, Open Lot, Paved, Wooded
- Structure Type: Mixed Use
- Lot Size Dimensions: 370FF
- Total Floor Plans Count: 0
- Property Type: Commercial Sale
- Living Area: 13648.0
- Property Sub Type: Mixed Use
- Building Features: Overhead Door(s), Cable TV, Loading Dock(s), Public Restroom(s), Storage
- Lot Size Units: Acres
- Lot Size Square Feet: 83635.2
- General Property Information:Lot Size Acres: 1.92
- General Property Information:Lot Size Dimensions: 370FF
- General Property Information:Leasable Area Units: Square Feet
- Lot Features:Back Yard: Yes
- Lot Features:Paved: Yes
- Lot Features:Wooded: Yes
Property and Assessments
- Year Built: 1950
- Business Type: Auto Dealer, Commercial, Retail, Storage, Warehouse
- Business Name: Variety
- Video Groups: 0
- General Property Information:Business Name: Variety
- Documents Available:Survey: Yes
- Current Use:Automotive: Yes
- Current Use:Commercial: Yes
- Current Use:Mixed Use: Yes
- Current Use:Retail: Yes
- Business Type:Commercial: Yes
- Business Type:Retail: Yes
- Business Type:Warehouse: Yes
Building Information
- Structure Type:Mixed Use: Yes
Utilities
- Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
- Water Source: Public
- Electric:Three Phase: Yes
- Utilities:Cable Available: Yes
- Utilities:Electricity Connected: Yes
- Utilities:Natural Gas Available: Yes
- Utilities:Sewer Available: Yes
- Utilities:Water Available: Yes
- Water Source:Public: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Aluminum Siding
- Exterior Features: Awning(s), Barbecue, Dock, Lighting, Smart Camera(s)/Recording, Smart Light(s), Storage
- Fencing: Chain Link
- Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s)
- Construction Materials:Aluminum Siding: Yes
- Exterior Features:Awning(s): Yes
- Exterior Features:Barbecue: Yes
- Exterior Features:Smart Camera(s)/Recording: Yes
- Exterior Features:Smart Light(s): Yes
- Fencing:Chain Link: Yes
- Roof:Asphalt: Yes
- Roof:Flat: Yes
- Security Features:Carbon Monoxide Detector(s): Yes
- Security Features:Smoke Detector(s): Yes
- Building Features:Cable TV: Yes
- Building Features:Loading Dock(s): Yes
- Building Features:Office SqFt: 11.03
- Building Features:Overhead Door(s): Yes
- Building Features:Warehouse SqFt: 30.08
- Building Features:Number of Loading Docks: 2
- Building Features:Number of Overhead Doors: 2
Interior Features
- Stories: 2
- Basement YN: Yes
- Cooling: Wall Unit(s)
- Flooring: Concrete, Vinyl, Wood
- Heating: Natural Gas
- Basement: None
- Stories Total: 2
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): 0
- Bathrooms Total (Notational): 0
- Cooling: Yes
- Heating: Yes
- General Property Information:Basement YN: Yes
- General Property Information:Stories Total: 2
- General Property Information:Stories: 2
- Appliances:Electric Range: Yes
- Appliances:Range Hood: Yes
- Appliances:Refrigerator: Yes
- Basement:None: Yes
- Cooling:Wall Unit(s): Yes
- Electric: Three Phase
- Flooring:Concrete: Yes
- Flooring:Vinyl: Yes
- Flooring:Wood: Yes
- Heating:Natural Gas: Yes
Multi Family
Multi-Family Information
- Number of Units: 8
- General Property Information:Number Of Units Total: 8.0
Income & Expenses
- Gross Income: $79,200
- Insurance Expense: $5,800
- Maintenance Expense: $5,000
Financial Infomation
Income & Expenses
- Total Annual Expenses: $24,455.00
- Net Operating Income: $54,745
- New Taxes Expense: $6,655
- Pest Control Expense: $0
- Trash Expense: $3,000
- Cap Rate: 4.00%
- Income and Expenses:Financials Available Y/N: Yes
- Income and Expenses:Cap Rate: 4.00%
- Income and Expenses:Gross Income: $79,200
- Income and Expenses:Insurance Expense: $5,800
- Income and Expenses:Maintenance Expense: $5,000
- Income and Expenses:Monthly Income: $6,600
- Income and Expenses:Net Operating Income: $54,745
- Income and Expenses:New Taxes Expense: $6,655
- Income and Expenses:Pest Control Expense: $0
- Income and Expenses:Sewer Expense: $2,000
- Income and Expenses:Total Annual Expenses: $24,455.00
- Income and Expenses:Trash Expense: $3,000
- Income and Expenses:Water Expense: $2,000.00
Agent
Sale and Listing
- DOM: 2
- MLS Approval Status: Yes
- Owner Pays: Insurance, Management, Pest Control, Repairs, Roof Maintenance, Security, Sewer, Snow Removal, Taxes, Water
- Current Use: Automotive, Commercial, Mixed Use, Retail
- Contract Information:Owner Name: Vadney
- Remarks and Miscellaneous:Addendum: This 13, 648 square feet building has extensive road frontage on major highway Route 9 W. Incredible investment opportunity with multifamily and retail spaces. Close proximity to shopping centers, restaurants, hospitals, and Albany.
- Book Information:Section: 168
- Listing Terms:1031 Exchange: Yes
- Listing Terms:Cash: Yes
- Listing Terms:FHA: Yes
- Sale Includes:Building: Yes
- Sale Includes:Fixture(s): Yes
- Sale Includes:Land: Yes
Showing and Remarks
- Showing Requirements:No Sign: Yes
Rental
Rental Information
- Rent Control YN: No
- Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Hot Water, Telephone, Trash Collection
- Land Lease YN: No
- General Property Information:Land Lease YN: No
- General Property Information:Rent Control YN: No
- Existing Lease Type:Gross: Yes
- Owner Pays:Insurance: Yes
- Owner Pays:Management: Yes
- Owner Pays:Pest Control: Yes
- Owner Pays:Roof Maintenance: Yes
- Owner Pays:Security: Yes
- Owner Pays:Sewer: Yes
- Owner Pays:Snow Removal: Yes
- Owner Pays:Taxes: Yes
- Owner Pays:Water: Yes
- Tenant Pays:All Utilities: Yes
- Tenant Pays:Cable TV: Yes
- Tenant Pays:Electricity: Yes
- Tenant Pays:Gas: Yes
- Tenant Pays:Telephone: Yes
Property History for 2530-2534 Rte 9W
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2530-2534 Rte 9W
Taxable ValueLand$54,000Additions$199,000Total$253,000
Home Facts
Total Finished SqFt13,648 SqFtAbove Grade Finished SqFt13,648 SqFtStories2Lot Size83,635 SqFtStyleStoresYear Built1950ZoningICountyALBANYAPN012489 168.-1-43.1
Schools near 2530-2534 Rte 9W
This home is within Ravena-Coeymans-Selkirk Central School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Pieter B Coeymans School PublicPK to 5 | ||
Ravena Coeymans Selkirk Middle School Public6 to 8 | ||
Ravena Coeymans Selkirk Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Win Morrison Realty-K
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