CRE Admin

Chestertown, NY High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Chestertown, New York Market population: 5K. Compare commercial properties across all major asset classes...

Advertisement
Cap Rate: Any NOI: High Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in New York.
2 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor

📊 Average Cap Rate For Chestertown MD Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Chestertown MD Properties: 1.1100%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Chestertown MD

Common questions from investors exploring commercial real estate in Chestertown MD.

What's the overall investment potential of Chestertown, MD, considering its demographics and economy? +
Chestertown's median household income of $31,956, combined with a poverty rate of 20.4% and a high health insurance coverage rate of 95.2%, suggests a relatively stable market with a mix of working-class and professional residents, given its top industries in Public Administration and Professional Services.
How does the town's ethnic diversity and commute time impact the rental market? +
The town's diverse population, with 41.6% White, 41.1% White Non-Hispanic, and 14.5% Black residents, along with an average commute time of just 14.7 minutes and a high rate of health insurance coverage, indicates a strong demand for rentals from a diverse and relatively stable workforce.
What are the key factors influencing property values and rental yields in Chestertown? +
The median property value of $232,300, median property taxes of $884, and a homeownership rate of 47.3% suggest a balanced housing market, while the town's low poverty rate, high health insurance coverage, and short average commute time of 14.7 minutes contribute to its attractiveness and potential for stable rental yields.
How does the local economy, led by Public Administration and Professional Services, affect the real estate investment landscape? +
The dominance of Public Administration and Professional Services among the top industries, along with a significant portion of the population employed in these sectors, points to a stable and predictable demand for housing, both for ownership and rental, supported by the town's high health insurance rate and relatively low poverty level.
What role do quality of life metrics, such as commute time and health insurance coverage, play in assessing market stability for real estate investments in Chestertown? +
The short average commute time of 14.7 minutes, the prevalence of driving alone, walking, or working from home as commute methods, and the high health insurance coverage rate of 95.2% all contribute to a high quality of life, which in turn suggests a stable and attractive market for real estate investments, as these factors are likely to influence tenant retention and property appreciation positively.

Chestertown MD Real Estate & City Facts

Key facts and real estate information about Chestertown MD.

What are some of the best neighborhoods to live in Chestertown? +
Some of the best neighborhoods to live in Chestertown include Downtown Chestertown, which offers historic homes, a vibrant cultural scene, and close access to shops, and Chesapeake Landing, a peaceful and quiet neighborhood with beautiful trees and abundant wildlife.
What are some fun things to do in Chestertown? +
There are plenty of fun things to do in Chestertown, such as visiting the Chestertown Arts & Entertainment District, attending annual festivals and events, and exploring the city's many boutiques, museums, and galleries, like the MassoniArt Gallery and the Historical Society of Kent County.
What is the food scene like in Chestertown? +
The food scene in Chestertown is thriving, with a variety of restaurants serving fresh, local cuisine, such as Modern Stone Age Kitchen, a sourdough bakery and scratch-made restaurant, and Watershed Alley, which offers refined dining focused on fresh, regional cuisine. There are also plenty of great food trucks and local shops stocking fine wines, locally distilled liquors, imported cheeses, and locally aged beef.
What are the pros and cons of living in Chestertown? +
The pros of living in Chestertown include its historic charm, vibrant cultural scene, and close access to shops and restaurants. However, some cons include the city's relatively small size, which may limit job opportunities and entertainment options. Additionally, the cost of living in Chestertown may be higher than in other parts of the state, due to its desirable location and limited housing supply.
Is Chestertown a good place to live? +
Overall, Chestertown is a great place to live for those who value a strong sense of community, historic charm, and a vibrant cultural scene. While it may have some drawbacks, such as limited job opportunities and a higher cost of living, the city's many advantages make it an attractive option for families, retirees, and young professionals alike.
Advertisement