2546 Balltown Rd, Schenectady, NY

Listing office SRS Real Estate Partners | New York k***@srsre.com Show Phone

Listing date Jul 5, 2023

Source Moodyscre

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Overview

This is an opportunity to acquire a fully occupied medical office building. The property features a strong tenant lineup that includes Community Care Physicians, Susan A Kessler MD (Ophthalmologist), Community Care Internal Medicine, and St. Peter’s Health Partners (Cardiology Associates). St. Peter’s Health Partners anchors the asset, occupying 47% of the total gross leasable area (GLA), and serves as the main office out of their six locations. Each tenant has recently renewed their leases, demonstrating their long-term commitment to the site. The property has a total size of 28000 square feet and is located on Balltown Rd, Schenectady, NY. St. Peter’s Health Partners is paying below market rent.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Building Supply Accounting Firm Big Box & Wholesale Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

• Map
• Local Demand

City

Schenectady

County

Schenectady

State

New York

Longitude

-73.891

Latitude

42.8307

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FAQs

What type of property is this?

Medical Office Space - Fully occupied medical office building with strong tenant lineup.

Where is this medical office space located?

The property is located at 2546 Balltown Rd Schenectady, 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: 100% Occupancy: Provides immediate income.; Strong Tenant Lineup: Featuring reputable tenants.; Anchored by St. Peter’s Health Partners: Occupying 47% of GLA.