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    High-Visibility Retail Site Opportunity Title is generated by Realmo AI

    9 Troy Rd, East Greenbush, NY 12061

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    Prime retail location with high traffic and strong demographics.

    Type:Retail
    Property size:
    2,700 SF
    Price / SF:
    $185/SF
    Added:
    Mar 24, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 25 at 8:45 pm

    Property Features for 9 Troy Rd

    General Information

    Standard status
    Active
    Size
    2,700 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1985

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    Ben Feinman

    Listing office Vanguard-Fine LLC

    Listing date Mar 24, 2026

    Source Crexi

    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 Vanguard-Fine LLC

    HighLights

    • High‑visibility location at a busy intersection with strong traffic counts.
    • Access to affluent surrounding demographics with high household incomes.
    • Flexible layout suitable for remodel or redevelopment to fit specific needs.
    • Proximity to major roads and highways (I‑90 and US Route 4) for excellent accessibility.
    • Located in East Greenbush, a thriving retail environment with a diverse mix of businesses.
    • Close to shopping centers (Columbia Turnpike Plaza, Van Rensselaer Square) and recreational attractions (Pheasant Hollow Golf Course, Hampton Manor Lake Park).

    Overview

    This high-visibility retail site is located at a busy intersection, offering exceptional exposure and strong traffic. The location benefits from affluent surrounding demographics with high household incomes. It is suited for restaurant users seeking prominent signage and steady customer flow, banks and financial institutions looking for a strategic, high-income trade area, and retail operators who value visibility, accessibility, and strong consumer spending power. The building's flexible layout is well-positioned for a remodel or redevelopment, allowing customization to specific brand and operational needs. East Greenbush offers a thriving retail environment with a diverse mix of businesses and a strong consumer base. The area includes shopping centers such as the Columbia Turnpike Plaza and the Van Rensselaer Square. Nearby recreational attractions include the Pheasant Hollow Golf Course and the Hampton Manor Lake Park. The location provides excellent visibility and accessibility for retail businesses due to its proximity to major roads and highways, such as I-90 and US Route 4. The property size is 2700 square feet.

    Local Financial Insights For Specialty Retail

    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 $58.3k $21.60
    − Vacancy −$2.4k −$0.91
    EGI $55.9k $20.69
    − OpEx −$14.0k −$5.17
    NOI $41.9k $15.52
    2,700 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $598.6K
    $523.8K – $698.4K (±1% cap)
    NOI $41,903 @ 7.0% cap · market cap 8.38%
    Second Best
    Retail
    $490.4K
    $429.1K – $572.2K (±1% cap)
    NOI $34,329 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Office A
    $675.0K
    $590.6K – $787.5K (±1% cap)
    NOI $47,247 @ 7.0% cap · market cap 9.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Other one brewing ... Production Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Greenbush
    County
    Rensselaer
    State
    New York
    Longitude
    -73.7092258
    Latitude
    42.6005094

    FAQs

    What type of property is this?
    Retail space - Prime retail location with high traffic and strong demographics.
    Where is this retail space located?
    The property is located at 9 Troy Rd East Greenbush, NY.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: High‑visibility location at a busy intersection with strong traffic counts.; Access to affluent surrounding demographics with high household incomes.; Flexible layout suitable for remodel or redevelopment to fit specific needs.
    More about this property
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