Ghent Industrial Park
7 Salerno Drive #7 Ghent, NY 12075
7 Salerno Drive #7, Ghent, NY, 12075
$1,725,000
For Sale
$1,725,000
Centrally located commercial building with turnkey business opportunities.
Property Size10,880 SF
Lot Size1.20 Acres
Price / SF$158.55
Days on Market110
Property Features for 7 Salerno Drive #7
General Information
- Standard status
- Active
- Size
- 10,880 SF
- Lot size
- 1.20 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2018
Listing Agency
STONE HOUSE PROPERTIES, LLC
(518) 392-0332
Listed by
TYLER BERVY
Source
Corcoran
Added: Mar 30 Checked: Jul 16 at 3:06 am
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 STONE HOUSE PROPERTIES, LLC
Investment Insights
Based on property information with market context.
Located at 7 Salerno Drive, this 10880 sq. ft. commercial steel building is situated on 1.2 acres in the Ghent industrial park, minutes from Hudson and Chatham, New York. The property is easily accessible and offers turnkey business opportunities. The commercial-zoned property is serviced by municipal water and sewer and provides ample parking and a loading dock. It has easy access off Route 66 and Route 9H. The warehouse space features unobstructed interior space due to its steel frame construction. Radiant heat is installed throughout to maintain consistent temperatures in winter, and central A/C provides cooling during the summer months. The warehouse also includes a self-contained, ventilated paint spray booth and a sawdust collection system throughout, as well as ample storage shelving. Separate office space includes 3 individual offices, a bathroom, an employee break room, and a conference space. The property presents a prime opportunity for investors, developers, or anyone with a vision. The listing includes the business entity ACW.
Key Highlights
- High‑visibility 10,880 sq. ft. commercial steel building on 1.2 acres in Ghent industrial park.
- Centrally located with easy access to Route 66 and Route 9H, minutes from Hudson and Chatham, NY.
- Includes turnkey business opportunity (ACW) and MLS#20261086.
Local Financial Insights For Industrial
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 | $238.9k | $21.96 |
| − Vacancy | −$24.8k | −$2.28 |
| EGI | $214.1k | $19.68 |
| − OpEx | −$64.2k | −$5.90 |
| NOI | $149.9k | $13.77 |
10,880 SF · lease $21.96/SF/yr · vacancy 10.40% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$2.60M
$2.27M – $3.03M
NOI $181,965 @ 7.0% cap · market cap 10.55%
Second Best
Industrial
$2.14M
$1.87M – $2.50M
NOI $149,854 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,424 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Centrally located commercial building with turnkey business opportunities.
Where is this flex space located?
The property is located at 7 Salerno Drive #7 Ghent, NY.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: High‑visibility 10,880 sq. ft. commercial steel building on 1.2 acres in Ghent industrial park.; Centrally located with easy access to Route 66 and Route 9H, minutes from Hudson and Chatham, NY.; Includes turnkey business opportunity (ACW) and MLS#20261086.
