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Property profile & analytics
FOR SALE
Office buildings
14 Corporate Dr Halfmoon, NY 12065
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-4212937
For Sale
1 / 11
Contact for pricing
14 Corporate Dr, Halfmoon, NY 12065
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
8,150 SF
Lot
6.07 ac (264,409 SF)
Zoning code
07 - MIXED
APN
413800 278.-1-57.1
UPID
US63-4212937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Abele Commercial Real Estate Agency
-
Allen Financial Consultants Financial Advisor
-
Bentley Systems Inc Architect
-
FedEx Drop Box Postal Service Courier Service
-
ReQuest Serious Play, LLC Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.47M
Owner & transaction history
Thirteen Corporate Dr LLC · 4 yrs held
Thirteen Corporate Dr LLC
since 2022
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
07 - MIXED · Halfmoon, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+22.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Halfmoon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halfmoon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,555,000
ML approach
$1,460,000
CAP Approach
CAP Return
Estimation
6%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,780,000
Current use
RESTAURANT
$2,180,000
Change: +22% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,595,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.22M (Jan 21 2022)
Last sale anchor
$1.22M
Jan 21 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$180 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$512,600
Assessed 2023
Previous assessed
$512,600
+0.0% YoY
Assessed land
$124,900
Assessed improvement
$387,700
Land market value
$293,882
Improvement market value
$912,236
Total market value
$1,206,118
Applied tax rate
412,402.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1997
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
8,150 SF
Lot
6.07 ac (264,409 SF)
Zoning code
07 - MIXED
APN
413800 278.-1-57.1
UPID
US63-4212937
Jurisdiction
SARATOGA
Zoning & alternative use
07 - MIXED · Halfmoon, NYZoning 07 - MIXED · permitted uses
07 - MIXED · Halfmoon, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.07 ac
Current owner
From public records · entity-resolved
Thirteen Corporate Dr LLC
Entity
Free & Clear · 4 yrs held
Mailing address
10 EMPIRE CIR, SLINGERLANDS, NY 12159-9387
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$1,218,871
Thirteen Corporate Dr LLC
Sitterly Associates LLC
Deed
—
Jan 21, 2022
$1,523,588
11 Corporate Dr LLC
Sitterly Associates LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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