196 Maple Avenue, Selkirk, NY 12158
Turnkey, fully occupied industrial complex with three renovated buildings in a gated, multi-building setup.
- Added:
- Jun 5, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 20 at 3:45 am
Property Features for 196 Maple Avenue
General Information
- Standard status
- Active
- Size
- 43,000 SF
- Lot size
- 8.76 Acres
- Property subtype
- Industrial
Listing agent Dan Davitt License #NY 30DA0985844
Listing office CBRE - Albany (518) 452-2700
Listing date Jun 5, 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
- Industrial complex with 3 buildings totaling 43,000 SF on an 8.76‑acre parcel
- 100% occupied with the entire complex offered for sale as a fully occupied industrial facility
- All buildings were completely renovated over the last three years
- Gated facility with multi‑building setup
- Building breakdown: 13,000 SF (Building 1), 10,000 SF (Building 2), 20,000 SF (Building 3)
- Located about 1/2 mile from I‑87 Exit 22 Selkirk and about 2 miles from I‑90
Overview
The property is located approximately one-half mile from I-87 Exit 22 Selkirk and about two miles from I-90, providing convenient regional access. The site’s multi-building configuration includes Building 1 at approximately 13,000 square feet, Building 2 at approximately 10,000 square feet, and Building 3 at approximately 20,000 square feet.
For tenants, investors, or buyers seeking a developed industrial asset rather than a ground-up opportunity, the combination of a gated site, recent renovations, and full occupancy may reduce near-term operational questions. The three-building layout can also support multiple tenancy or flexible space planning within the same secured industrial campus.
Local Financial Insights For Warehouse
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 | $619.2k | $14.40 |
| − Vacancy | −$42.1k | −$0.98 |
| EGI | $577.1k | $13.42 |
| − OpEx | −$86.6k | −$2.01 |
| NOI | $490.5k | $11.41 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Moove In Self Storage — 78 Thatcher St, Selkirk, NY 12158
Location Insight
- Map
- Local Demand
- City
- Selkirk
- County
- Albany
- State
- New York
- Longitude
- -73.800079
- Latitude
- 42.535986
