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    Retail Building on Large Land Title is generated by Realmo AI

    1836 Columbia Turnpike, Castleton on Hudson, NY 12033

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    Retail building on 6.41 acres at Routes 9 and 20.

    Type:Retail, Mixed Use
    Property size:
    3,702 SF
    Lot size:
    6.41 Acres
    Price / SF:
    $215/SF
    Added:
    Mar 23, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 25 at 8:39 am

    Property Features for 1836 Columbia Turnpike

    General Information

    Standard status
    Active
    Size
    3,702 SF
    Lot size
    6.41 Acres
    Property subtype
    Retail, Mixed Use

    Building Details

    Year Built
    1935

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    Craig Darby
    Craig Darby

    Listing office CBRE - Albany

    Listing date Mar 23, 2026

    Source Crexi

    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

    HighLights

    • Large ±6.41 acre land parcel
    • High‑visibility corner location at Routes 9 and 20
    • Substantial ±3,702 SF retail building
    • Currently operating as an Army/Navy store
    • Retail building
    • Built in 1935

    Overview

    The property offered for sale is a retail building with a size of approximately 3,702 square feet, situated on a large lot of approximately 6.41 acres. The property is located at the corner of Routes 9 and Route 20. Currently, the building is operating as an Army/Navy store.

    Local Financial Insights For Retail

    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 $70.2k $18.96
    − Vacancy −$2.9k −$0.80
    EGI $67.2k $18.16
    − OpEx −$20.2k −$5.45
    NOI $47.1k $12.71
    3,702 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $672.4K
    $588.4K – $784.5K (±1% cap)
    NOI $47,069 @ 7.0% cap · market cap 5.89%
    Second Best
    Mixed Use
    $523.6K
    $458.1K – $610.8K (±1% cap)
    NOI $36,650 @ 7.0% cap · market cap 4.59%
    Theoretical Best
    Office A
    $925.4K
    $809.8K – $1.08M (±1% cap)
    NOI $64,781 @ 7.0% cap · market cap 8.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Empire Army Navy Clothing & Fashion Store

    Suggested Use

    Spa & Massage Center Restaurant Bar & Pub Kitchen & Bath Showroom HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Bakery (Bike/Boat/Book/etc) Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Castleton on Hudson
    County
    Rensselaer
    State
    New York
    Longitude
    -73.672425
    Latitude
    42.548723

    FAQs

    What type of property is this?
    Retail space - Retail building on 6.41 acres at Routes 9 and 20.
    Where is this retail space located?
    The property is located at 1836 Columbia Turnpike Castleton on Hudson, NY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Large ±6.41 acre land parcel; High‑visibility corner location at Routes 9 and 20; Substantial ±3,702 SF retail building
    (518) 452-2700 Call to check price and availability
    More about this property
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