562-564 Hoosick Rd, Troy, NY 12180
Gateway Plaza, located at 562-564 Hoosick Road in Brunswick, NY (zip code 12180), presents a compelling investment opportunity. This 9,546 square foot retail plaza sits on a 0.91-acre lot and boasts 60 parking spaces. Built in 1994, the property is zoned B-15 Commercial and features five individual units, currently operating under a NNN lease structure. The asking price is $949,900. Strategically positioned along heavily trafficked Route 7, between Hudson River Commons and a Walmart Supercenter, Gateway Plaza benefits from exceptional visibility and high daily traffic counts exceeding 25,000 vehicles. This prime location is surrounded by over 600,000 square feet of existing retail space, further enhancing its appeal. The immediate trade area is experiencing significant growth, with recent additions including Hannaford, Aldi, Popeyes, Aroma Joe's, and KFC. The property's proximity to Rensselaer Polytechnic Institute (RPI) and Samaritan Hospital provides a substantial and diverse customer base. This well-established retail center offers a strong return on investment potential for savvy buyers seeking a thriving commercial property in a rapidly developing area of Rensselaer County, New York.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.