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Bank and Credit Union Retail Space
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1879 Altamont Ave, Rotterdam, NY 12303

This approximately 2,800 SF space is suited for bank, credit union, insurance, or general retail use at a high-traffic retail intersection.

Property Size2,800 SF
Days on Market1268

Property Features for 1879 Altamont Ave

General Information

Standard status Active
Size 2,800 SF
Property subtype RETAIL
Lease Type SF/yr

Amenities

pylon sign placement
Listing Agency: IKON Realty Group
Listed By: Bruce Ginsburg
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 26 Last Checked: Jul 30 at 8:09AM

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 IKON Realty Group

Investment Insights

Based on property information with market context.

This approximately 2,800 SF space is currently configured for a First New York Federal Credit Union use and is suitable for bank, credit union, insurance, and general retail tenants. Concept plans are available showing a remote drive-up/ATM layout. Pylon sign placement is also noted.

The property is located at the main intersection in Rotterdam’s retail trade area with high customer traffic generated by Market 32. Vehicle counts are listed as approximately 21,197 vehicles per day on Altamont Ave and approximately 17,522 vehicles per day on Curry Road.

The center features co-tenancy with Market 32, AutoZone, Mr. Subb, Hair Studio One, Casa di Vino Spirits, Design Nails, and a new Chinese restaurant expected to open in Fall 2025.

Key Highlights

  • +/- 2,800 SF space currently configured for First New York Federal Credit Union use
  • Suitable for bank, credit union, insurance, or general retail
  • Concept plans available for remote drive‑up/ATM

Property Analytics

Current Use

Eugene Jackey Pharmacy Hair Studio One ... Hair Salon Design Nail Salon Nail Salon Central Market Florist (Bike/Boat/Book/etc) Store Citizens ATM Atm

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply Restaurant Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 12303, NY

30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - This approximately 2,800 SF space is suited for bank, credit union, insurance, or general retail use at a high-traffic retail intersection.
Where is this bank located?
The property is located at 1879 Altamont Ave Rotterdam, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: +/- 2,800 SF space currently configured for First New York Federal Credit Union use; Suitable for bank, credit union, insurance, or general retail; Concept plans available for remote drive‑up/ATM
(518) 573-5853 Call to check price and availability
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