16 Hillcrest Dr - Specialty FOR SALE


Ravena, NY 12143 | 
$179,900 USD
516-317-3184
16 Hillcrest Dr, Ravena, NY for Sale
$179,900 USD
Specialty - FOR SALE
1/30
null | Request Cap Rate

NEW


16 Hillcrest Dr
Ravena, NY 12143


HIGHLIGHTS

  • Rare 3.13-acre offering in the Village of Ravena with two paths to value
  • Potential for subdivision opportunity. Zoned R-2, permits single family residential
  • A builder-ready opportunity with municipal water and sewer already on site
  • Existing 10,942 SF masonry building offers an adaptive reuse opportunity: sanctuary seating for 262, finished basement, 9+ classrooms, fellowship hall
  • Minutes to Route 9W and the NYS Thruway, approximately 20 minutes to downtown Albany
  • Property is currently tax-exempt (religious/non-profit use) buyer to verify taxes with Municipality

OVERVIEW

Rare 3.13-acre offering in the Village of Ravena with two paths to value. Potential for subdivision opportunity. Zoned R-2, permits single family residential. A builder-ready opportunity with municipal water and sewer already on site. Alternatively, the existing 10,942 SF masonry building offers an adaptive reuse opportunity: sanctuary seating for 262, finished basement, 9+ classrooms, fellowship hall, and paved on-site parking for 40+ vehicles. Minutes to Route 9W and the NYS Thruway, approximately 20 minutes to downtown Albany. Property is currently tax-exempt (religious/non-profit use) buyer to verify taxes with Municipality.

FOR SALE DETAILS

PRICE

$179,900 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

3.13 AC

LAND SF

136,343 SF

ZONING

R-2

APN/PARCEL ID

012401-156-000-0005-038-001-0000

ASK ABOUT THIS PROPERTY

Karen WentzHanna Commercial Real EstateMore Info
516-317-3184

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Karen WentzHanna Commercial Real EstateMore Info
516-317-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.