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    FOR LEASE
    Showrooms

    580 Columbia Tpke, East Greenbush, NY 12061

    7,354 SF 1.87 ac lot Built 1980
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US63-2716939
    Property summary
    AI-generated overview

    This exceptional Class A retail property, located at 580 Columbia Turnpike in East Greenbush, NY (zip code 12061), offers 20,000 square feet of flexible space in two buildings on a 4.5-acre lot. Built in 2023, this new construction development boasts a prime location along the busy Columbia Turnpike, situated between established Market 32 and Hannaford shopping centers. The property is zoned PDD and offers multiple tenancy options, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 11,000 square feet. This mixed-use development is part of a larger Town Center project, which includes approvals for up to 275 residential units (with the first phase of 78 units already 100% leased), ensuring high foot traffic and a vibrant community atmosphere. The remaining commercial suites can be customized to meet individual tenant requirements, providing a unique opportunity to establish a presence in a thriving East Greenbush location. This is an ideal opportunity for businesses seeking high visibility and accessibility in a rapidly growing area. The property's strategic location and modern design make it an attractive option for a variety of retail uses. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1980
    Total area 7,354 SF
    Lot 1.87 ac (81,457 SF)
    Zoning code B-2
    APN 382400 166.-7-5
    UPID US63-2716939
    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
    • Citizens ATM Atm
    • Citizens Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $480k
    Blend (final) Blend
    $650k
    Owner & transaction history
    580 Columbia Turnpike Ll · 13 yrs held
    580 Columbia Turnpike Ll
    since 2013
    1 recorded transaction
    2013
    $450,000
    Zoning & alternative use
    B-2 · East Greenbush, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $615,000 +41.0%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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