Office Building with Off-Street
New
For Sale
$100,000
1 Oakwood Ave, Troy, NY 12180
A paved parking area serves the office property near Hoosick Street.
Property Size627 SF
Price / SF$159.49
Days on Market3
Property Features for 1 Oakwood Ave
General Information
Standard status
Active
Size
627 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Moore Thomas P
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 4 at 1:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moore Thomas P
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 627-square-foot office building was constructed in 1920 and includes paved off-street parking.
The property is just off Hoosick Street at 1 Oakwood Ave in Troy, New York.
The property is just off Hoosick Street at 1 Oakwood Ave in Troy, New York.
Key Highlights
- 627‑square‑foot office building
- Built in 1920
- Paved off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,693
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,860
$153.9K
Cap Rate 7%
$109,900
$109.9K
Cap Rate 9%
$85,478
$85.5K
Market Conditions
NOI Build-Up for 627 SF
Gross rent
$13.0K $20.76/SF
− Vacancy
−$2.8K −$4.40/SF
EGI
$10.3K $16.36/SF
− OpEx
−$2.6K −$4.09/SF
NOI
$7.7K $12.27/SF
Area
Rensselaer County, NY
Vacancy
21.20%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,860
Cap Rate 7%
$109,900
Cap Rate 9%
$85,478
Alternative Uses
Best Use
Office B
$109.9K
$96.2K – $128.2K
NOI $7,693 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$156.7K
$137.2K – $182.9K
NOI $10,972 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,476
Businesses Nearby
Explore this area
Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A paved parking area serves the office property near Hoosick Street.
Where is this office building located?
The property is located at 1 Oakwood Ave Troy, NY.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 627‑square‑foot office building; Built in 1920; Paved off‑street parking
