For Lease
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Property summary
This exceptional two-story, Class B office building, totaling 60,980 square feet, presents a unique opportunity in Rensselaer, NY. Located at 1 Empire Drive, this property boasts a highly desirable location with convenient access to Interstate 90, less than a mile from exit 9. The building features a single suite encompassing the entire structure, currently offering 30,164 square feet of immediately available space. This versatile space is adaptable to various office configurations, catering to diverse business needs. The property sits on a substantial 6.51-acre lot, zoned for Corporate Office/Regional Commercial District use. Building amenities include elevators. The building's modern design and excellent maintenance are evident throughout. Its strategic location within a thriving commercial corridor, near the Tech Valley Corporate Park, places it in close proximity to prominent businesses such as HANYS, Regeneron, and FedEx, as well as several medical practices. This presents an unparalleled chance to establish a presence in a dynamic and rapidly growing area. The property's size and flexibility make it ideal for a large single tenant or a potential multi-tenant configuration. Inquire today to explore the possibilities.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
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Charitable Organization Social Service Agency
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Financial Advisor
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(Bike/Boat/Book/etc) Store Printing Service
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
OC · Rensselaer, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OC in Rensselaer, NY.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning