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Financial
Distress signals
Property profile

580 Columbia Tpke East Greenbush, NY 12061

FOR LEASE
Showrooms
Property ID
US63-2716939
7,354 SF 1.87 ac lot Built 1980
Last sale Feb 2013 · $450,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$950k
Assessed land$250k
Assessed improvement$700k

Value estimate

· Oct 2026
$650k
$585k – $715k
Submarket $/SF estimate$480k
NOI build-up
Gross scheduled income$357k
Vacancy & credit loss−$15k
Operating expenses−$103k
NOI · 23,944,100.00% cap applied$239k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
County average, outlier-cleaned · 213 recorded sales of this use type
Observed band · Q1–Q3$29 – $89
Qualifying comparables17

Cap rate analysis

How does the asset earn?
23,944,100.00%
$239k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
JurisdictionRENSSELAER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.8
Law Firm13.9
Dental Office11.8

Location

580 Columbia Tpke East Greenbush, NY 12061
County assessor Recorded deeds · 1 transfer 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 Troy, East Greenbush, NY 12061-1025 $360,000 Jan 2022 1,261 SF
40 Iroquois, East Greenbush, NY 12061-3826 $500,000 Dec 2021 2,666 SF
593 Columbia, East Greenbush, NY 12061-1602 $410,000 Oct 2021 6,814 SF
14 Country, East Greenbush, NY 12061-9777 $275,000 Nov 2020 2,962 SF
627 Columbia, East Greenbush, NY 12061-2114 $375,000 Aug 2019 3,696 SF
609 Columbia, East Greenbush, NY 12061-1603 $3,250,000 Feb 2019 29,952 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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