Light Manufacturing and Warehouse
17 Route 146 Mechanicville, NY 12118
17 Route 146, Mechanicville, NY, 12118
Contact for pricing
For Sale
Contact for pricing
Newer metal building with office and warehouse space, including a 10-ton bridge crane.
Property Size15,500 SF
Price / SF$233.35
Days on Market15
Property Features for 17 Route 146
General Information
- Standard status
- Active
- Size
- 15,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2019
Listing agency
CBRE - Albany
Listed by
Laurie Tylenda, SIOR · License #NY 10301205946
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 1:44AM Checked: Jul 21 at 5:14AM
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 CBRE - Albany
Investment Insights
Based on property information with market context.
The property at 17 Route 146 in Mechanicville, NY is a newer light manufacturing and warehousing facility built in a metal structure. The building includes approximately 15,500 SF total, with about 5,000 SF dedicated to office space and about 10,500 SF of warehouse area. The warehouse is described as clean and bright and features a 10-ton bridge crane.
The site is positioned along Route 146, a major regional corridor, and is noted for prime visibility. The property was initially planned with future expansion in mind, with the ability to accommodate various expansion sizes ranging from 3,000 to 16,000 SF, depending on the growth scenario.
As configured today, the facility supports light manufacturing and warehouse operations with on-site office space, while retaining flexibility for additional building area as needs change.
The site is positioned along Route 146, a major regional corridor, and is noted for prime visibility. The property was initially planned with future expansion in mind, with the ability to accommodate various expansion sizes ranging from 3,000 to 16,000 SF, depending on the growth scenario.
As configured today, the facility supports light manufacturing and warehouse operations with on-site office space, while retaining flexibility for additional building area as needs change.
Key Highlights
- Built in 2019: 15,500 SF metal building used for light manufacturing and warehousing
- 15,500 SF split into 5,000 SF office and 10,500 SF warehouse
- Warehouse includes a 10‑ton bridge crane
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $372.0k | $24.00 |
| − Vacancy | −$26.0k | −$1.68 |
| EGI | $346.0k | $22.32 |
| − OpEx | −$121.1k | −$7.81 |
| NOI | $224.9k | $14.51 |
15,500 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.21M
$2.81M – $3.75M
NOI $224,874 @ 7.0% cap · market cap 6.22%
Second Best
Warehouse
$1.66M
$1.46M – $1.94M
NOI $116,406 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$4.64M
$4.06M – $5.41M
NOI $324,756 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Newer metal building with office and warehouse space, including a 10-ton bridge crane.
Where is this flex space located?
The property is located at 17 Route 146 Mechanicville, NY.
What is the asking price?
The asking price for this property is $3,617,000.
What are key features of this property?
This property features: Built in 2019: 15,500 SF metal building used for light manufacturing and warehousing; 15,500 SF split into 5,000 SF office and 10,500 SF warehouse; Warehouse includes a 10‑ton bridge crane
