15 Pasco Avenue Queensbury, NY 12804
COMMERCIAL - Call Listing Agent, NY
Property Features for 15 Pasco Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 20
- Parking features
- Open
- Standard status
- Active
- Lot size
- 10.21 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8990
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
Building Details
- Building materials
- Aluminum Siding
Listing agent Wayne A. Hartard License #10301215860 (631) 708-5249
Listing office EXP Realty 150 Motor Pkwy Ste 401, Hauppauge, NY (888) 276-0630
Listing date Nov 13, 2025
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Investment Insights
Based on property information with market context.
The purchase includes two parcels, 301.19-1-5 (2.71 acres) and 301.19-1-10 (7.5 acres), totaling 10.21 acres. The offering is presented as formerly Ray's Salvage Yard.
Key Highlights
- Over 10 acres of land, suitable for various business operations.
- Newly built 3,300 sq ft building ideal for business, storage, or warehouse.
- Paved parking with space for 500+ vehicles.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.3k | $9.48 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $29.2k | $8.84 |
| − OpEx | −$4.4k | −$1.33 |
| NOI | $24.8k | $7.51 |