1301 River StValatie, NY 12184

Property Details for 1301 River St

Year built

1992

Lot size

3.75 AC

Property size (Sq ft)

32,010 SF

Zone code

05 - COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

104403 44.6-1-33

APU

104403446133

Description

This exceptional Class A medical office building, located at 1301 River Street in Valatie, New York, offers a prime opportunity for medical professionals. The 32,010 square foot building, constructed in 1992 and extensively renovated in 2020, boasts a desirable location and features 131 parking spaces. Three suites are currently available for lease, ranging from 796 to 2,000 contiguous square feet, with a minimum divisible space of 796 square feet. The building features a 12-foot ceiling height, elevators, and is situated on a 3.75-acre lot. The property is zoned commercial and has a Columbia County APN of 44.6-1-33. Current tenants include prestigious medical providers such as Albany Medical, St. Peter's Medical Arts, and Lab Corp, demonstrating the building's strong appeal and established presence within the medical community. The estimated annual real estate taxes are $75,000. This two-story building presents a rare opportunity to establish or expand a medical practice in a thriving community. The available suites offer flexible space options to accommodate various medical specialties and practice sizes. Inquire today to learn more about this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $7,951,780

  6.5%

  $7,340,105

  7%

  $6,815,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,210,540

  Geo Method

  $4,182,426

• Alternative Use

  Use

  Valuation

  Residential

  $9,101,730

  Hospitality

  $8,337,136

  Educational

  $6,936,399

  Medical

  $7,174,952

  Retail

  $10,789,954

Location Insight

City

Valatie

County

Columbia

State

New York

Latitude

42.413

Longitude

-73.6807

CBSA code

26460

CBSA name

HUDSON, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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