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    2 Empire Dr Rensselaer, NY 12144

    Sponsored
    For Lease
    $14 SF/Yr

    Modern office space, flexible layouts, I-90 frontage

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office property at 2 Empire Drive in Rensselaer, NY, offers a total of 40,000 square feet of traditional office space across two stories. Currently, 8,596 square feet of contiguous space is available for lease, divisible into smaller units with a minimum of 4,000 square feet. Two suites are immediately available: one approximately 4,596 square feet and another approximately 4,000 square feet. These suites can be combined to create a larger space totaling approximately 8,596 square feet, ideal for expanding businesses. The building boasts a 9-foot ceiling height throughout, providing ample space and a modern feel. Conveniently located with frontage on I-90, the property also features 200 parking spaces and elevators for easy access. The building's address is 2 Empire Drive, Rensselaer, NY 12144. This location offers excellent visibility and accessibility for employees and clients alike. The available space is perfect for a variety of office uses, including medical practices, though one suite is particularly well-suited for non-medical tenants. Inquire today to learn more about leasing opportunities.

    Property Features for 2 Empire Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    48333.33

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    4,000 SF
    Rate per SF
    $14
    Space
    Available Space 1
    Size
    4,596 SF
    Rate per SF
    $16
    Property Profile Location Intelligence

    Current Use by Public Records

    Penny Hammer, OT Occupational Therapist Corcoran, Vincent A MD Obstetrician-Gynecologist Seton Health Obgyn: ... Doctor David J. Dixon, ... Orthopedic Surgeon Seton Health Physical ... Physical Therapy Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rensselaer
    County
    Rensselaer
    State
    New York
    Longitude
    -73.703252105186
    Latitude
    42.631541281358

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    FAQs

    What type of property is this?
    Office Property / Space - Modern office space, flexible layouts, I-90 frontage
    Where is this office property / space located?
    The property is located at 2 Empire Dr Rensselaer, NY.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    Request Owner's contact information
    2 Empire Dr Rensselaer, NY 12144
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    Rensselaer, NY 12144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Empire Dr Rensselaer, NY 12144
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