4164 Ny-22 Grafton, NY 12052
- Office Properties & Spaces
- 7,550 SF
- 10.60 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4164 Ny-22
- Lot size
- 10.60 lot acres
- Property size
- 7,550 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a fully leased, 7,550 square foot Class B medical office building situated on a sizable 10.6-acre lot in Rensselaer County, New York. Conveniently located at 4164 NY-22 (with a Troy mailing address of 4164 NY-2, zip code 12180), this single-story building boasts 100% occupancy with two tenants. The property features a full poured concrete basement accessible via both interior and exterior stairs, equipped with a sump pump for added security. Heating is provided by propane, supplied by two tanks, and a 22-kilowatt Generac propane generator ensures reliable power. The roof was replaced in 2015 and the building is further enhanced by three Lennox furnaces (circa 2015) with central air conditioning. Ample parking is available, with the lot having been repaved in 2015. The building includes common bathrooms and three additional unisex restrooms. The property is zoned A40 and offers significant potential for long-term growth and return on investment. Asking price is $1,200,000, translating to $158.94 per square foot.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grafton
- County
- Rensselaer
- State
- New York
- Longitude
- -73.4887
- Latitude
- 42.7584
