Auto Sales and Service
For Sale
$421,658
466 Hays Road, East Greenbush, NY 12144
Automotive property with an on-site residence and pole barn in East Greenbush.
Property Size3,172 SF
Price / SF$132.93
Days on Market136
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Property Features for 466 Hays Road
General Information
Standard status
Active
Size
3,172 SF
Property subtype
SpecialPurpose
Building Details
Buildings
3
Listing Agency:
CBRE - Albany
Listed By:
Ann MacAffer · License #Associate Real Estate Broker
(518) 424-4977
Source:
Cbre
Added: Jun 2
Changed: Oct 14
Last Checked: Oct 14 at 9:05PM
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.
This East Greenbush property includes a 3,172-square-foot building configured for automotive sales and service. The improvements also include a single-family home and a pole barn, creating a combination of commercial and residential structures on one parcel.
The property is located at 466 Hays Road in East Greenbush, NY 12144.
The property is located at 466 Hays Road in East Greenbush, NY 12144.
Key Highlights
- 3,172 SF building used for auto sales and service
- Single‑family home included on the property
- Pole barn included among the site improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,524
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,480
$670.5K
Cap Rate 7%
$478,914
$478.9K
Cap Rate 9%
$372,489
$372.5K
Market Conditions
NOI Build-Up for 3,172 SF
Gross rent
$51.4K $16.20/SF
− Vacancy
−$3.5K −$1.10/SF
EGI
$47.9K $15.10/SF
− OpEx
−$14.4K −$4.53/SF
NOI
$33.5K $10.57/SF
Area
Rensselaer County, NY
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,480
Cap Rate 7%
$478,914
Cap Rate 9%
$372,489
Alternative Uses
Best Use
Retail
$576.2K
$504.1K – $672.2K
NOI $40,331 @ 7.0% cap · market cap 9.56%
Second Best
Industrial
$478.9K
$419.1K – $558.7K
NOI $33,524 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$792.9K
$693.8K – $925.1K
NOI $55,506 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12144, NY
21,277
Population
10,474
Households
2
Avg Household Size
40
Median Age
38%
College-Educated
93%
High-School Grad
18.3 sq mi
ZIP Area
1,163
Density / Sq Mi
$88,357
Median Household Income
$51,893
Median Earnings
$1,379
Median Rent
$235,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Reilly's Certified Collision — 465 Hays Rd, Rensselaer, NY 12144
- Twisted Synergy Motorsports — 466 Hays Rd, Rensselaer, NY 12144
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive property with an on-site residence and pole barn in East Greenbush.
Where is this auto shop located?
The property is located at 466 Hays Road East Greenbush, NY.
What is the asking price?
The asking price for this property is $421,658.
What are key features of this property?
This property features: 3,172 SF building used for auto sales and service; Single‑family home included on the property; Pole barn included among the site improvements
