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Medical Office Building Opportunity
For Sale
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2 Chelsea Pl, Clifton Park, NY 12065

Partially leased medical office building includes vacant space and 38 surface parking spots.

Property Size3,085 SF
Price / SF$352
Days on Market372

Property Features for 2 Chelsea Pl

General Information

Standard status Active
Size 3,085 SF
Property subtype OFFICE
Listing Agency: Carrow Real Estate Services
Listed By: Thomas A. Miller · License #0696139
Source: Moodyscre
Added: Jul 24, 2025 Changed: Jul 26 Last Checked: Jul 30 at 9:49AM

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 Carrow Real Estate Services

Investment Insights

Based on property information with market context.

Approximately 9,344-square-foot medical office building for sale, partially occupied by Carnet Medical Group, with the stated willingness to sign a lease after sale. The property includes approximately 3,085 square feet currently vacant.

Located within Clifton Park’s featured business corridor and less than 1 mile from 146 Marketplace, a 328-unit mixed-use development project. The surrounding area includes dining and shopping amenities, and the property is minutes from exit 9 of I-87 Northway.

The site totals approximately 1.56 acres and offers 38 surface parking spaces.

Key Highlights

  • +/- 9,344 SF medical office building for sale, with partial occupancy by Carnet Medical Group
  • +/- 3,085 SF currently vacant; Carnet Medical Group would be willing to sign a lease after sale
  • +/- 1.56 acres with 38 surface parking spots

Financial Insights For Healthcare Medical

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 $77.7k $25.20
− Vacancy −$6.6k −$2.14
EGI $71.1k $23.06
− OpEx −$28.5k −$9.22
NOI $42.7k $13.83
3,085 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$609.7K
$533.5K – $711.3K (±1% cap)
NOI $42,680 @ 7.0% cap · market cap 3.92%
Second Best
Office B
$596.2K
$521.6K – $695.5K (±1% cap)
NOI $41,731 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$923.4K
$808.0K – $1.08M (±1% cap)
NOI $64,637 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Clifton Park, NY ... Alternative Medicine Practice Sloane D. Eusebio, ... Alternative Medicine Practice CareNet Medical Group Physician Beatrice Tsao, MD Physician Gadre Anjali A Physician

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Catering Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,061
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12065, NY

43,893
Population
19,506
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
95%
High-School Grad
35.1 sq mi
ZIP Area
1,251
Density / Sq Mi
$115,681
Median Household Income
$61,692
Median Earnings
$1,419
Median Rent
$356,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Animal Control Office — 5 Municipal Plaza #1, Clifton Park, NY 12065
  • Banfield Pet Hospital — 19 Clifton Country Rd, Clifton Park, NY 12065
  • PetVet Wellness Center — 1746 US-9, Clifton Park, NY 12065

Frequently Asked Questions

What type of property is this?
Medical Office Space - Partially leased medical office building includes vacant space and 38 surface parking spots.
Where is this medical office space located?
The property is located at 2 Chelsea Pl Clifton Park, NY.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: +/- 9,344 SF medical office building for sale, with partial occupancy by Carnet Medical Group; +/- 3,085 SF currently vacant; Carnet Medical Group would be willing to sign a lease after sale; +/- 1.56 acres with 38 surface parking spots
(518) 462-7491 Call to check price and availability
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