562-564 Hoosick Rd Troy, NY 12180
- Strip malls
- 9,546 SF
- 0.91 lot acres
Dec 24, 2024
Current Use by Public Records
- Strip malls
Property Details for 562-564 Hoosick Rd
- Year built
- 1994
- Lot size
- 0.91 lot acres
- Property size
- 9,546 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 382200 101.8-20-5
- APU
- 3822001018205
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6567
- Latitude
- 42.7398
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
