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    Property profile & analytics

    579 Columbia Tpke East Greenbush, NY 12061

    • Distribution centers
    • 56,632 SF
    • 2.71 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $560,000
    Location Intelligence
    Property ID
    US63-1261236
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • US Globe / Computer Repair Service

    Property Details for 579 Columbia Tpke

    Year built
    1924
    Lot size
    2.71 lot acres
    Property size
    56,632 SF
    Zone code
    B-2
    Property type
    Distribution centers
    APN
    382400 166.-7-4
    APU
    38240016674

    Description

    This ±56,632 square foot industrial building, located at 579 Columbia Turnpike in East Greenbush, New York, presents a significant leasing opportunity. The property is classified as industrial, encompassing both warehouse and manufacturing space within a single-tenant configuration. Situated in Rensselaer County, this expansive facility offers ample room for a variety of industrial operations. The building's size and layout are ideal for businesses requiring significant storage, production, or showroom space. The precise configuration of warehouse and manufacturing areas is available upon request. The property's address is 579 Columbia Turnpike, East Greenbush, NY 12061. Its convenient location provides easy access to major transportation routes, enhancing logistical efficiency for businesses operating within the region. Interested parties are encouraged to inquire for detailed specifications and to schedule a viewing to assess the suitability of this property for their operational needs. The property is ready for immediate occupancy. Further information regarding lease terms and conditions will be provided upon request. This exceptional industrial space offers a compelling opportunity for businesses seeking to establish or expand their operations in a strategic location within New York State.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $705,000
      7%
      $675,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $685,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $645,000
      Retail
      $595,000
      Mixed-Use
      $680,000
      Hospitality
      $815,000
      Educational
      $810,000
      Residential Income
      $675,000
      Energy
      $625,000
      Income-Based Land
      $625,000
      Food Service
      $750,000

    Location Insight

    • Map
    • Local Demand
    City
    East Greenbush
    County
    Rensselaer
    State
    New York
    Longitude
    -73.7123
    Latitude
    42.6022
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $106,800
    $718,200
    $825,000
    -
    $132,869
    $893,506
    $1,026,375

    Comparable in this City

    • Value Estimation
      $240,000
      5,954 SF

      5 Troy Rd

      DISTRIBUTION WAREHOUSE • 5,954 SF
      5 Troy Rd, East Greenbush, NY 12061-1607
      View Details
    • Value Estimation by Request
      0.36 Acres

      Bloomingdale Ave

      WASTE DISPOSAL, SEWAGE • 0.36 Acres
      Bloomingdale Ave, East Greenbush, NY 12061
      View Details
    • Value Estimation by Request
      29,768 SF

      520 Columbia Tpke

      BULK STORAGE, TANKS • 29,768 SF
      520 Columbia Tpke, East Greenbush, NY 12061-1613
      View Details
    • Value Estimation by Request
      18,784 SF

      1010 Luther Rd

      BULK STORAGE, TANKS • 18,784 SF
      1010 Luther Rd, East Greenbush, NY 12061-4016
      View Details
    • Value Estimation by Request
      19,225 SF

      590 Columbia Tpke

      BULK STORAGE, TANKS • 19,225 SF
      590 Columbia Tpke, East Greenbush, NY 12061-1628
      View Details
    • Value Estimation by Request
      1,344 SF

      755 Columbia Tpke

      BULK STORAGE, TANKS • 1,344 SF
      755 Columbia Tpke, East Greenbush, NY 12061-2612
      View Details

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    Similar Nearby for Lease

    • $6 SF/Yr
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      Prime East Greenbush Warehouse Space

      56,632 SF Industrial Building for Lease
      579 Columbia Tpke, East Greenbush, NY 12061
      View Details
    • $5 SF/Yr
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      Warehouse Space Near I-90 Exit

      Well-maintained warehouse with office space, loading docks, and fire suppression.
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      View Details
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    East Greenbush, NY 12061
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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
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