Office Unit with Private
For Sale
Contact for pricing
1654 Columbia Turnpike, Castleton on Hudson, NY 12033
The existing layout includes four offices, a reception area, shared workspace, two restrooms, and a kitchenette.
Property Size8,226 SF
Price / SF$0.22
Days on Market297
Property Features for 1654 Columbia Turnpike
General Information
Standard status
Active
Size
8,226 SF
Property subtype
Office
Additional Details
Condition
Built-Out
Property Use
Office, Medical, Spa
Amenities
reception area
common area
restrooms
kitchenette
private entrance
waiting area
Building Details
Year Built
1980
Abandoned
No
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Anne T O'Toole · License #10401335798
(518) 207-5090
Source:
Simplywoodardrealestate
Added: Jan 14
Changed: Nov 5
Last Checked: Nov 5 at 9:35AM
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 Roohan Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit was built in 1980 and is currently arranged with four offices, a reception area, a large common area, two restrooms, and a kitchenette. A private entrance and waiting area serve the space, with parking available at the complex.
Key Highlights
- Four offices with reception and a large common area
- Two restrooms and a kitchenette
- Private entrance and separate waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,926
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,018,520
$2.0M
Cap Rate 7%
$1,441,800
$1.4M
Cap Rate 9%
$1,121,400
$1.1M
Market Conditions
NOI Build-Up for 8,226 SF
Gross rent
$170.8K $20.76/SF
− Vacancy
−$36.2K −$4.40/SF
EGI
$134.6K $16.36/SF
− OpEx
−$33.6K −$4.09/SF
NOI
$100.9K $12.27/SF
Area
Rensselaer County, NY
Vacancy
21.20%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,018,520
Cap Rate 7%
$1,441,800
Cap Rate 9%
$1,121,400
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,926 @ 7.0% cap · market cap 5,607.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $143,946 @ 7.0% cap · market cap 7,997.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
Explore this area
Business Placement
Demographics for 12033, NY
8,076
Population
3,843
Households
2.1
Avg Household Size
46
Median Age
35%
College-Educated
93%
High-School Grad
28.5 sq mi
ZIP Area
283
Density / Sq Mi
$92,808
Median Household Income
$55,875
Median Earnings
$1,380
Median Rent
$267,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The existing layout includes four offices, a reception area, shared workspace, two restrooms, and a kitchenette.
Where is this office unit located?
The property is located at 1654 Columbia Turnpike Castleton on Hudson, NY.
What are key features of this property?
This property features: Four offices with reception and a large common area; Two restrooms and a kitchenette; Private entrance and separate waiting area
