Office Suite with Conference
For Sale
Contact for pricing
743 Columbia Turnpike #4, East Greenbush, NY 12061
A recently refreshed interior includes private offices, a full kitchen, and on-site parking.
Property Size12,976 SF
Price / SF$0.00
Days on Market297
Property Features for 743 Columbia Turnpike #4
General Information
Standard status
Active
Size
12,976 SF
Property subtype
Mixed Use
Additional Details
Condition
Move-in Ready
Road Access
Yes
Property Use
Office
Building Details
Year Built
1960
Listing Agency:
Garrepalli Realestate LLC
Listed By:
Shashidhar Garrepalli · License #10491213956
(410) 440-6136
Source:
Simplywoodardrealestate
Added: Jan 10
Changed: Nov 1
Last Checked: Nov 1 at 3:57PM
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 Garrepalli Realestate LLC
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Investment Insights
Based on property information with market context.
This 2,700-square-foot office suite offers four private offices, two large conference rooms or classrooms, and a separate courtroom-style room. A full kitchen and restrooms are also included. Recent interior work added fresh paint and new LVP flooring.
The suite fronts Columbia Turnpike in East Greenbush’s main commercial corridor. On-site parking serves the property, and its position along the turnpike provides direct street exposure.
The suite fronts Columbia Turnpike in East Greenbush’s main commercial corridor. On-site parking serves the property, and its position along the turnpike provides direct street exposure.
Key Highlights
- 2,700 SF office suite
- Four private offices and two large conference rooms or classrooms
- Separate courtroom‑style room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,205
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,184,100
$3.2M
Cap Rate 7%
$2,274,357
$2.3M
Cap Rate 9%
$1,768,944
$1.8M
Market Conditions
NOI Build-Up for 12,976 SF
Gross rent
$269.4K $20.76/SF
− Vacancy
−$57.1K −$4.40/SF
EGI
$212.3K $16.36/SF
− OpEx
−$53.1K −$4.09/SF
NOI
$159.2K $12.27/SF
Area
Rensselaer County, NY
Vacancy
21.20%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,184,100
Cap Rate 7%
$2,274,357
Cap Rate 9%
$1,768,944
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $159,205 @ 7.0% cap · market cap 1,326,708.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M
NOI $227,065 @ 7.0% cap · market cap 1,892,208.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 12061, NY
9,404
Population
4,144
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
20.1 sq mi
ZIP Area
468
Density / Sq Mi
$117,083
Median Household Income
$71,176
Median Earnings
$1,741
Median Rent
$311,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A recently refreshed interior includes private offices, a full kitchen, and on-site parking.
Where is this office unit located?
The property is located at 743 Columbia Turnpike #4 East Greenbush, NY.
What are key features of this property?
This property features: 2,700 SF office suite; Four private offices and two large conference rooms or classrooms; Separate courtroom‑style room
