16 Greenbush RdTroy, NY 12180

Property Details for 16 Greenbush Rd

Year built

2018

Lot size

3.00 AC

Property size (Sq ft)

32,800 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

383200 123.-1-1.2

APU

383200123112

Description

This exceptional Class A office space, located at 16 North Plaza (16 N Greenbush Rd) in Troy, NY, offers 3,500 square feet of versatile, single-tenant occupancy. Built in 2018, the property boasts a modern, open floor plan designed to maximize natural light and productivity. The space includes private offices, perfect for a variety of business needs. Ample parking is available for employees and clients. The building's prime location directly across from Hudson Valley Community College provides excellent visibility and accessibility. Furthermore, the property benefits from its proximity to a wealth of amenities, including Starbucks, Panera Bread, Bubbakoos Burritos, Junior's Bar & Grill, and Stewart's Shops, ensuring convenience for occupants and visitors. This is a rare opportunity to secure a high-quality, modern office space in a vibrant and convenient location within Rensselaer County. The property is categorized as Creative Office, Professional Office, and Modern Office, making it suitable for a wide range of businesses. The entire 3,500 square feet is currently vacant and ready for immediate occupancy. This single-tenant space offers a unique opportunity to establish a strong presence in a desirable area. The zip code is 12180.

• CAP approach

  CAP return

  Valuation

  6%

  $10,103,555

  6.5%

  $9,326,359

  7%

  $8,660,190

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,687,405

  Geo Method

  $6,642,754

• Alternative Use

  Use

  Valuation

  Residential

  $9,326,359

  Hospitality

  $8,542,894

  Educational

  $7,107,588

  Medical

  $7,352,028

  Retail

  $11,056,248

Location Insight

City

Troy

County

Rensselaer

State

New York

Latitude

42.695

Longitude

-73.6885

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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