AVAILABLE FOR SALE VIA TEN X AUCTION Schenectady ......When complete, Mohawk Harbor will consist of...
Transcript of AVAILABLE FOR SALE VIA TEN X AUCTION Schenectady ......When complete, Mohawk Harbor will consist of...
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
This 1.1-Acre Development Parcel is located immediately adjacent to the $480 million
Mohawk Harbor development that includes the brand new Rivers Casino and Resort
(opened February 2017).
Exclusive Agent: Martin McDermott [email protected] Phone: (315) 472-2020 Ext. 101 Cell: (315) 427-5737 Fax: (315) 472-8774 The Atrium 2 Clinton Square, Suite 120 Syracuse, NY 13202 Visit our website at www.jfrealestate.com
Subject Property
Mohawk Harbor
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
SITE DESCRIPTION
The subject property is encumbered with a 27,500 s.f. building, however, the highest
and best use for the property is a commercial re-development that may include a
stand-alone restaurant, retail or other service establishments. Building demolition
estimates have been included in the Auction Due Diligence Package.
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
SITE DESCRIPTION
This offering consists of two contiguous tax parcels within the City of Schenectady, NY
39.56-3-13 (Approximately .21 acres)
39.56-3-14 (Approximately .89 acres)
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
MOHAWK HARBOR DEVELOPMENT
Rivers Casino and Resort
Located along the Mohawk River in downtown Schenectady, NY, the Mohawk Harbor
is a 60-acre development that integrates luxury living, high-tech offices, restaurants and
retail along one mile of waterfront. When complete, Mohawk Harbor will consist of
over 1 million sf including 206 apartments, 50 condominiums, 15 townhouses, 2 hotels,
100,000 square feet of harbor side retail/dining, and 74,025 sf of Class A Office space.
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
MOHAWK HARBOR DEVELOPMENT
Rivers Casino and Resort
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
MOHAWK HARBOR DEVELOPMENT
Hotel, Condos and Apartments
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
As part of the Mohawk Harbor Development, a $5 million upgrade to Erie Boulevard was
recently completed. This redesign and reconstruction of Erie Boulevard received the
“Project of the Year Award” from the American Public Works Association (APWA).
MOHAWK HARBOR DEVELOPMENT
Erie Boulevard Improvements
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
MOHAWK HARBOR DEVELOPMENT
Erie Boulevard Improvements
According to Mayor Gary McCarthy, "The redesign of Erie Boulevard into a pedestrian
friendly and commercially welcoming area represents a major milestone for the city of
Schenectady's ongoing transformation. This new image for the gateway to our downtown
reinforces the idea that we are a city where people want to live and work." This section
of Erie Boulevard follows the alignment of the old Erie Canal.
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
MOHAWK HARBOR DEVELOPMENT
Surrounding Development
Other major community neighbors includes Price Chopper’s corporate headquarters,
Union College facilities, and other riverfront lodging and restaurant attractions.
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
MOHAWK HARBOR DEVELOPMENT
Surrounding Development
Adjacent to the Subject Property, a $5 million 52-unit, market-rate apartment complex is
nearing completion. In addition, at the nearby Erie Boulevard traffic circle, a new 4,000 s.f.
building accommodating Capital Bank and Dunkin Donuts was recently completed.
AVAILABLE FOR SALE-VIA TEN-X AUCTION
MOHAWK HARBOR/RIVERS CASINO AND RESORT
DEVELOPMENT PARCEL
1435 Erie Boulevard/315 Front Street
Schenectady, NY
JF Real Estate has obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.