3 Corporate Dr Halfmoon, NY 12065-8635
- Office buildings
- 40,616 SF
- 3.83 lot acres
Current Use by Public Records
- 6N Systems Inc / Software Company
- Provider Consulting Solutions, Inc. / Health Consultant
- Strategic Solutions Management / Medical Billing Service / Consultant
- Trucking Association of New York / Association / Organization
- DeAngelus Goralczyk, PLLC / Real Estate Attorney
Property Details for 3 Corporate Dr
- Year built
- 2007
- Lot size
- 3.83 lot acres
- Property size
- 40,616 SF
- Zone code
- 07 - MIXED
- Property type
- Office buildings
- APN
- 413800 278.-1-22.141
- APU
- 413800278122141
Description
This exceptional Class A executive office building, situated on a generous 3.83-acre lot in the desirable Halfmoon, NY, presents a compelling investment opportunity. The property, located at 3 Corporate Drive, boasts 40,146 square feet of meticulously maintained space, currently 93% occupied by a diverse mix of six office tenants and one roof antenna tenant. The building features staggered lease terms with built-in annual rent escalations, ensuring consistent and growing income streams. The property is zoned PDD (Planned Development District) and its APN is 278.-1-22.141. Tenants enjoy a range of on-site amenities, including a common break room, a fully equipped fitness center with showers, a relaxing picnic area, and a reliable backup generator, enhancing the overall appeal and functionality of the space. Recent tenant improvements showcase high-end finishes, reflecting the property's commitment to quality and modern aesthetics. All office leases are structured as NNN (Net, Net, Net), minimizing landlord responsibilities and maximizing return on investment. The strategic location in Saratoga County, coupled with the strong tenant mix and staggered lease terms, makes this a truly exceptional investment opportunity. The asking price for this prime commercial property is $7,100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Halfmoon
- County
- Saratoga
- State
- New York
- Longitude
- -73.7563
- Latitude
- 42.8484
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA