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Redevelopment Office Campus Property
For Lease
$18 SF/Yr

125 Bloomingrove Drive, Troy, NY 12180

Large office building and flexible PBD zoning support medical, professional, and corporate facility concepts.

Space SizeContact for details
Lot Size26.69 Acres
Days on Market707

Property Features for 125 Bloomingrove Drive

General Information

Standard status Active
Lot size 26.69 Acres
Zoning PBD

Additional Details

Highway Access Yes

Amenities

Accessible Doors

Building Details

Year Built 1957
Listing Agency: Hanna Commercial
Listed By: Philip Sabatino · License #10401299525
Source: Signatureonerealtygroup
Added: Sep 20, 2024 Changed: Aug 25 Last Checked: Aug 26 at 10:13AM

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 Hanna Commercial

Investment Insights

Based on property information with market context.

125 Bloomingrove Drive is a campus-style property in the Town of North Greenbush featuring a single 69,000 SF building on a 26.69-acre site. The property is described as ready for rehabilitation or for a build-to-suit approach depending on specifications, with leasing noted at $18–$22/SF based on scope.

The site is positioned about 0.75 miles from Hudson Valley Community College and adjacent to the North Greenbush commercial corridor. It is also noted as approximately 1.75 miles to I-787 and 2.7 miles to I-90, supporting convenient regional access and visibility.

Zoned PBD, the property is presented as suitable for a range of uses, including medical, professional, educational, R&D, and corporate facilities. For tenants or developers seeking an adaptable office campus setting that can accommodate rehabilitation or build-to-suit planning, this site offers a clear starting point with an existing building and zoning flexibility for multiple institutional and business use cases.

Key Highlights

  • 26.69‑acre campus‑style site with a 69,000 SF building for rehabilitation or build‑to‑suit
  • Build‑to‑suit opportunity at $18–$22/SF depending on specifications
  • PBD zoning allows a wide range of uses including medical, professional, educational, R&D, and corporate facilities

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Dental Office HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

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

Market

Lease Benchmarks for Troy, NY

$18.33 /SF/Yr
Avg Asking Price
$15.5–$25 /SF/Yr
Price Range
31,860 SF
Avg Space Size

This space is priced 2% below the average of $18.33 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Large office building and flexible PBD zoning support medical, professional, and corporate facility concepts.
Where is this office building located?
The property is located at 125 Bloomingrove Drive Troy, NY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 26.69‑acre campus‑style site with a 69,000 SF building for rehabilitation or build‑to‑suit; Build‑to‑suit opportunity at $18–$22/SF depending on specifications; PBD zoning allows a wide range of uses including medical, professional, educational, R&D, and corporate facilities
More about this property
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