16 Greenbush Rd Troy, NY 12180-8579
- Investment properties
- 32,800 SF
- 3.00 lot acres
Current Use by Public Records
- Panera Bread / Breakfast Restaurant / Caterer
- The Green Room Physical Therapy / Physical Therapist / Orthopedic Clinic
- Emergency Dentist Troy / Emergency Dental Service
- The Face Space / Medical Spa
- Harmony Counseling, PLLC / Social Worker
Property Details for 16 Greenbush Rd
- Year built
- 2018
- Lot size
- 3.00 lot acres
- Property size
- 32,800 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 383200 123.-1-1.2
- APU
- 383200123112
Description
This exceptional Class A office space, located at 16 North Plaza (16 N Greenbush Rd) in Troy, NY, offers 3,500 square feet of versatile, single-tenant occupancy. Built in 2018, the property boasts a modern, open floor plan designed to maximize natural light and productivity. The space includes private offices, perfect for a variety of business needs. Ample parking is available for employees and clients. The building's prime location directly across from Hudson Valley Community College provides excellent visibility and accessibility. Furthermore, the property benefits from its proximity to a wealth of amenities, including Starbucks, Panera Bread, Bubbakoos Burritos, Junior's Bar & Grill, and Stewart's Shops, ensuring convenience for occupants and visitors. This is a rare opportunity to secure a high-quality, modern office space in a vibrant and convenient location within Rensselaer County. The property is categorized as Creative Office, Professional Office, and Modern Office, making it suitable for a wide range of businesses. The entire 3,500 square feet is currently vacant and ready for immediate occupancy. This single-tenant space offers a unique opportunity to establish a strong presence in a desirable area. The zip code is 12180.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $575,000
- 7%
- $575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $625,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $615,000
- Mixed-Use
- $600,000
- Hospitality
- $525,000
- Educational
- $530,000
- Residential Income
- $550,000
- Energy
- $570,000
- Income-Based Land
- $515,000
- Food Service
- $590,000
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6885
- Latitude
- 42.695
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
