Storefront Building with Full
New
For Sale
$649,900
1225 Curry Road, Rotterdam, NY 12306
Commercial Sale, Rotterdam, NY
Property Size3,360 SF
Lot Size0.17 Acres
Price / SF$193.42
Days on Market2
Property Features for 1225 Curry Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Parking
13
Parking features
Off Street
Basement
Full
Lot features
Road Frontage, Level, Corner Lot, Landscaped
Elementary school
Pinewood
High school
Mohonasen
Elementary school district
Mohonasen
Middle school district
Mohonasen
High school district
Mohonasen
Directions
Curry rd @ Oaklawn Ave
Standard status
Active
APN
422800 58.8-4-31
Size
3,360 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
8214
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Flooring type
Vinyl
Building materials
Block
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 370-3170
Listed By:
John P Digesualdo · License #10301209600
(518) 281-5612
Added: Sep 30
Last Checked: Oct 1 at 8:06PM
MLS# 202627203
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,360-square-foot storefront building offers an open commercial floor plan and a full basement with an area matching the space above. Built in 1970, the structure has block construction and vinyl flooring. Heating is provided by natural gas and forced air, with central air conditioning. Public water and public sewer serve the property.
The 0.17-acre parcel fronts Curry Road in Rotterdam, New York. The property includes 13 off-street parking spaces and is zoned Commercial.
The 0.17-acre parcel fronts Curry Road in Rotterdam, New York. The property includes 13 off-street parking spaces and is zoned Commercial.
Key Highlights
- 3,360 square feet of open commercial space
- Full basement with area matching the commercial floor above
- 0.17‑acre parcel on Curry Road in Rotterdam
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,558
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$811,160
$811.2K
Cap Rate 7%
$579,400
$579.4K
Cap Rate 9%
$450,644
$450.6K
Market Conditions
NOI Build-Up for 3,360 SF
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.
Gross rent
$60.5K $18.00/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$57.9K $17.24/SF
− OpEx
−$17.4K −$5.17/SF
NOI
$40.6K $12.07/SF
Area
Schenectady County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$811,160
Cap Rate 7%
$579,400
Cap Rate 9%
$450,644
Alternative Uses
Best Use
Retail
$579.4K
$507.0K – $676.0K
NOI $40,558 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$880.0K – $1.17M
NOI $70,399 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12306, NY
26,935
Population
12,481
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
614
Density / Sq Mi
$80,583
Median Household Income
$46,702
Median Earnings
$1,221
Median Rent
$212,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - A flexible open commercial interior is paired with off-street parking and a full basement.
Where is this storefront property located?
The property is located at 1225 Curry Road Rotterdam, NY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 3,360 square feet of open commercial space; Full basement with area matching the commercial floor above; 0.17‑acre parcel on Curry Road in Rotterdam
