841 Hoosick Rd, Troy, NY 12180-6629
This exceptional retail property at 841 Hoosick Rd, Troy, NY, presents a compelling investment opportunity. Built in 2022, this 15,630 square foot building boasts 100% occupancy, generating a strong net operating income (NOI) of $286,185 and a 6.25% capitalization rate. The asking price is $4,578,964, translating to $292.96 per square foot. Situated on a 7-acre lot, the property is zoned B-15 Commercial, ensuring flexibility for a variety of retail uses. Its prime location in the Albany area offers excellent visibility and accessibility, with proximity to major transportation routes and ample parking. The building's modern construction and well-maintained condition contribute to its attractiveness and strong rental history. This high-demand retail space is an ideal addition to any investor's portfolio, promising substantial returns and long-term value. The property's proven financial performance and full occupancy underscore its stability and potential for continued growth within the thriving Troy market. This is a rare opportunity to acquire a high-performing retail asset in a desirable location.
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Harbor Freight Tools Building Supply Hardware & Home Improvement
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
2 · Troy, NYTroy. Always verify with local authorities before improvements.
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.