24-Unit Apartment
New
For Sale
$4,995,000
100 Verbeck Lane, Clifton Park, NY 12065
Apartments feature in-unit laundry and gas fireplaces.
Property Size27,192 SF
Price / SF$183.69
Days on Market3
Property Features for 100 Verbeck Lane
General Information
Standard status
Active
Size
27,192 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
24
Amenities
24-hour emergency maintenance
accessible for people with disabilities
spacious open floor plans
professional management
pets welcome
in-unit laundry
gas fireplace
walk-in closets
terrace or balcony
9-ft ceilings
ceiling fans
plank flooring
maple cabinets
outdoor gathering space with gazebo
Listing Agency:
CBRE | Albany
Listed By:
Laurie Tylenda · License #Associate Real Estate Broker
(518) 429-6175
Source:
Cbre
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:38AM
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 CBRE | Albany
Investment Insights
Based on property information with market context.
Woods Edge is a 24-unit apartment property at 100 Verbeck Lane in Clifton Park, New York. Residences have open floor plans, in-unit laundry, gas fireplaces, walk-in closets, and a terrace or balcony. Interior details include plank flooring in most living areas, maple cabinetry, ceiling fans, and approximately 9-foot ceilings. The property also offers 24-hour emergency maintenance and professional management.
Residents have access to an outdoor gathering area with a gazebo. The property is located in Clifton Park, an established suburban community in Saratoga County.
Residents have access to an outdoor gathering area with a gazebo. The property is located in Clifton Park, an established suburban community in Saratoga County.
Key Highlights
- 24 apartments at 100 Verbeck Lane in Clifton Park, New York
- In‑unit laundry and a gas fireplace in each apartment
- Terrace or balcony with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$361,052
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,221,040
$7.2M
Cap Rate 7%
$5,157,886
$5.2M
Cap Rate 9%
$4,011,689
$4.0M
Market Conditions
NOI Build-Up for 27,192 SF
Gross rent
$685.2K $25.20/SF
− Vacancy
−$28.8K −$1.06/SF
EGI
$656.5K $24.14/SF
− OpEx
−$295.4K −$10.86/SF
NOI
$361.1K $13.28/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,221,040
Cap Rate 7%
$5,157,886
Cap Rate 9%
$4,011,689
Alternative Uses
Best Use
Apartment 5plus
$5.16M
$4.51M – $6.02M
NOI $361,052 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.14M
$7.12M – $9.50M
NOI $569,727 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 12065, NY
43,893
Population
19,506
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
95%
High-School Grad
35.1 sq mi
ZIP Area
1,251
Density / Sq Mi
$115,681
Median Household Income
$61,692
Median Earnings
$1,419
Median Rent
$356,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartments feature in-unit laundry and gas fireplaces.
Where is this apartment building located?
The property is located at 100 Verbeck Lane Clifton Park, NY.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 24 apartments at 100 Verbeck Lane in Clifton Park, New York; In‑unit laundry and a gas fireplace in each apartment; Terrace or balcony with each unit
