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    FOR LEASE
    Office buildings

    2 Empire Dr, Rensselaer, NY 12144

    40,000 SF 6.6 ac lot Built 2001
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US63-0510221
    Property summary
    AI-generated overview

    This exceptional office property at 2 Empire Drive in Rensselaer, NY, offers a total of 40,000 square feet of traditional office space across two stories. Currently, 8,596 square feet of contiguous space is available for lease, divisible into smaller units with a minimum of 4,000 square feet. Two suites are immediately available: one approximately 4,596 square feet and another approximately 4,000 square feet. These suites can be combined to create a larger space totaling approximately 8,596 square feet, ideal for expanding businesses. The building boasts a 9-foot ceiling height throughout, providing ample space and a modern feel. Conveniently located with frontage on I-90, the property also features 200 parking spaces and elevators for easy access. The building's address is 2 Empire Drive, Rensselaer, NY 12144. This location offers excellent visibility and accessibility for employees and clients alike. The available space is perfect for a variety of office uses, including medical practices, though one suite is particularly well-suited for non-medical tenants. Inquire today to learn more about leasing opportunities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 40,000 SF
    Lot 6.6 ac (287,496 SF)
    Zoning code OC
    APN 382400 155.-4-7.2
    UPID US63-0510221
    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
    • Penny Hammer, OT Physician
    • Corcoran, Vincent A MD Physician
    • Seton Health Obgyn: Basso Deborah MD Physician
    • David J. Dixon, MD Physician
    • Seton Health Physical Rehab Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $811k
    Blend (final) Blend
    $1.21M
    Owner & transaction history
    East Park Empire Drive LLC · 10 yrs held
    East Park Empire Drive LLC
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    OC · Rensselaer, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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