Three-Room First-Floor Office
2317 Balltown Rd, Niskayuna, NY 12309
For Sale
Contact for pricing
First-floor office space includes a private bathroom and on-site parking.
Property Size11,386 SF
Price / SF$0.00
Days on Market52
Property Features for 2317 Balltown Rd
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Building Details
Year Built
Listing Agency:
Roohan Realty
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Sep 19
Changed: Nov 8
Last Checked: Nov 8 at 6:11AM
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
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Investment Insights
Based on property information with market context.
This office unit provides approximately 650 square feet on the first floor of an office building completed in 1991. The layout includes three rooms and a bathroom within the space, offering a compact configuration for office operations.
The property is positioned at the corner of Balltown Road and River Road in Niskayuna, with plenty of private parking available on site. The surrounding office building contains 11,386 square feet overall.
The property is positioned at the corner of Balltown Road and River Road in Niskayuna, with plenty of private parking available on site. The surrounding office building contains 11,386 square feet overall.
Key Highlights
- Approximately 650 SF of office space
- Three‑room first‑floor layout
- Bathroom located within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,852
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,837,040
$3.8M
Cap Rate 7%
$2,740,743
$2.7M
Cap Rate 9%
$2,131,689
$2.1M
Market Conditions
NOI Build-Up for 11,386 SF
Gross rent
$300.6K $26.40/SF
− Vacancy
−$44.8K −$3.93/SF
EGI
$255.8K $22.47/SF
− OpEx
−$64.0K −$5.62/SF
NOI
$191.9K $16.85/SF
Area
Schenectady County, NY
Vacancy
14.90%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,837,040
Cap Rate 7%
$2,740,743
Cap Rate 9%
$2,131,689
Alternative Uses
Best Use
Office B
$2.74M
$2.40M – $3.20M
NOI $191,852 @ 7.0% cap · market cap 959,260.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M
NOI $238,559 @ 7.0% cap · market cap 1,192,795.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
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Business Placement
Demographics for 12309, NY
31,273
Population
13,623
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,777
Density / Sq Mi
$119,830
Median Household Income
$68,167
Median Earnings
$1,472
Median Rent
$301,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Schenectady County, NY
Properties on Market for Office Units in Schenectady County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - First-floor office space includes a private bathroom and on-site parking.
Where is this office unit located?
The property is located at 2317 Balltown Rd Niskayuna, NY.
What are key features of this property?
This property features: Approximately 650 SF of office space; Three‑room first‑floor layout; Bathroom located within the unit
