1580 Columbia Turnpike, NY 12033
- $3,890,000
- 36,000
- SqFt
- List Price
- $3,890,000
- MLS#
- 202625178
- Style
- Office
- Subdivision
- Select One
Property Description
High yield value add real estate. The Schodack Park, is a premier commercial compound delivering a rock solid gross annual income of $335,000. This 36,000 SF, 5-building asset is +/- 87% occupied with 10 active leases in place, 9 of which are structured as low-management, Triple-Net (NNN) agreements. Zoned HC (Highway Commercial), the complex features 30,000 SF of functional office/flex space and a 6,000 SF warehouse, supported by 140 parking spaces. This well-maintained asset offers dependable income, tenant diversification, and clear upside through future upgrades and lease-up. Recently completed CapEx including but not limited to: a new parking lot, upgraded site work, landscaping, and full interior/exterior LED light upgrade, and upgraded septic system. 1 mile from I90's Exits 10 & 11
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Additional Information
- Taxes
- $7,512,629
- Zoning
- Commercial
- Sewer
- Septic Tank
- Water
- Public
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Listing courtesy of listing agent David J Skoney with Coldwell Banker Prime Properties Brokerage, 518-892-4251.
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