Artem Lesin - Commercial Real Estate Showcase

Artem Lesin Property Listings
Arvik Group Real Estate
48 Wall St
Suite 1100
New York, NY 10005-2903

26 Elk Street - Fownes Brothers

Amsterdam, NY 12010 - Montgomery County Submarket

Property Type:Industrial Sub Type:Manufacturing Status:Existing Year Built:1950
Building Size:120,000 SF Land Area:1.69 AC (73,616 SF)
Ceiling Height:19'0'' Loading Docks:5 ext Rail:- Power:220v
For Sale Price:$1,895,000 Price/SF:$15.79
Cap Rate:-
Zoning:06 Sprinklers:- Drive Ins:1 tot. Cranes:-
Parking:Free Surface spaces are available; Ratio of 1.6/1,000 SF

Sale Notes:
Great industrial property with tremendous potential located in downtown Amsterdam of upstate NY. Well preserved six-story building with great bones and views overlooking the Mohawk River. Perfect choice for warehousing, cold storage, manufacturing, office rentals, flex space and more.

NOI (projected): 396,000
CAP Rate: 20.9%

Arvik Group Real Estate
Artem Lesin
(646) 400-8027

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