1580 Columbia Turnpike

Castleton, NY 12033
  • $3,890,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 36,000

    SqFt

About the Listing o307G - 31053

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

Listing Highlights

Status Active
Days on Site 0
Property Type Commercial Sale
MLS ® 202625178
Year Built 1987
Total Square Footage 36,000
Lot/Acreage 5.33
County Rensselaer

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor: Tile,Vinyl,Carpet,Concrete,Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Road Frontage,Garden,Landscaped
  • Garage Capacity: N/A
  • Parking Spaces: 140
  • Lot Dimensions: 439*567*397*554
  • Zoning: Commercial
  • Roof: Shingle,Asphalt
  • Others: Garden,Lighting
  • Sewer: Septic Tank
  • Parking Features: Off Street,Paved,Private

Financial Details

  • Tax Amount: $7,512,629
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 384489 178.-11-26.1
  • Tax Year: N/A

Payment Calculator

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1580 Columbia Turnpike Castleton, NY 12033

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Originating MLS: Global MLS

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