Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    21951 Ny-22 Hoosick Falls, NY 12090

    • Retail properties
    • 13,382 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 21951 Ny-22

    Year built
    1998
    Lot size
    1.39 lot acres
    Property size
    13,382 SF
    Property type
    Retail properties
    Property subtype
    Freestanding property

    Description

    This exceptional 13,382-square-foot freestanding retail building is available for lease in Hoosick Falls, New York. Located at 21951 NY-22, this single-tenant property sits on a 1.39-acre lot (40,511 square feet) and offers ample parking with 30 spaces. Constructed in 1998, the building is a single-story structure with a Commercial zoning designation (APN: 27.-3-5, Rensselaer County). The entire building is currently vacant, presenting a unique opportunity for a business seeking a prominent location. The property features a newly paved and striped parking lot, enhancing its appeal and functionality. A Net Net Net (NNN) lease is available. For those interested in ownership, the property is also available for purchase at $550,000. This property is ideally suited for a variety of retail uses and offers excellent visibility and accessibility. Don't miss this chance to secure a prime retail space in a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoosick Falls
    County
    Rensselaer
    State
    New York
    Longitude
    -73.3522
    Latitude
    42.9152

    Comparable in this City

    • Value Estimation by Request
      13,382 SF

      21951 Ny-22

      Individual retail properties • 13,382 SF
      21951 Ny-22, Hoosick, NY 12090
      View Details
    • Value Estimation by Request
      7,319 SF

      21419 Ny-22

      Automotive properties • 7,319 SF
      21419 Ny-22, Hoosick Falls, NY 12090
      View Details
    • Value Estimation by Request
      3,035 SF

      5527-5531 Ny-7

      Restaurants • 3,035 SF
      5527-5531 Ny-7, Hoosick Falls, NY 12090
      View Details
    • Value Estimation by Request
      2,269 SF

      5421 State Rte 7th 7

      NURSERY, GREENHOUSE, FLORIST • 2,269 SF
      5421 State Rte 7th 7, Hoosick Falls, NY 12090-4127
      View Details
    • Value Estimation by Request
      4,000 SF

      4718 Ny-67

      Automotive properties • 4,000 SF
      4718 Ny-67, Hoosick, NY 12090
      View Details
    • Value Estimation by Request
      12,296 SF

      21951-953 Ny 22

      RETAIL STORES (PERSONAL SERVICES) • 12,296 SF
      21951-953 Ny 22, Hoosick Falls, NY 12090
      View Details

    Similar Nearby for Sale

    • $147,500
      0.28 Acres

      Historic Hoosick Falls Gem

      Versatile Main Street Property, $147,500
      130 Main St, Hoosick Falls, NY 12090
      View Details
    • $675,000
      5,472 SF

      Prime Hoosick Falls Mixed-Use Building

      Mixed-use building in the Hoosick Falls Business District.
      15 Church St, Hoosick Falls, NY 12090
      View Details
    • New
      $800,000
      Pending

      Commercial Property on State Route

      Prime commercial property with attached apartment near Hoosick Falls, NY.
      21419 Ny-22, Hoosick Falls, NY 12090
      View Details
    • New
      $724,777
      10,800 SF

      Tractor Sales Dealership Opportunity

      Successful tractor sales dealership with real estate and equipment included.
      206 Church St, Hoosick Falls, NY 12090
      View Details
    • $800,000
      7,319 SF

      Prime Hoosick Falls Auto Shop

      Profitable Auto Parts Business & Real Estate
      21419 Ny-22, Hoosick Falls, NY 12090
      View Details
    • $199,999
      3,035 SF

      Prime Hoosick Falls Restaurant/Bar

      Turnkey Restaurant, Owner's Unit, High Traffic Location
      5527-5531 Ny-7, Hoosick Falls, NY 12090
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      9,600 SF

      Warehouse with Cross Dock Facility

      9,600 SF warehouse with cross-dock facility on 1.74 acres.
      21982 State Route 22, Hoosick Falls, NY 12090
      View Details
    • $5 SF/Yr
      12,700 SF

      Industrial Property with Multiple Grade Doors

      Industrial property featuring office space and multiple grade-level doors.
      21982 State Route 22, Hoosick Falls, NY 12090
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21951 Ny-22
    Hoosick Falls, NY 12090
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.