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Bay Road Office 375 Bay Rd

30,960 SF 100% Leased Office Building Queensbury, NY 12804 £2,403,699 (£78/SF)

Investment Highlights

  • Current Income From Several Regional / Gov't Tenants To Offset Expenses
  • Gate Way to the Adirondacks & Short Drive to Lake George
  • Potential To Expand Bldg Size w/Gov't Approvals

Executive Summary

Silicon Valley of the East! Region destined to become w/help of Nvidia co-founders investment at RPI......Professional building, multi-tenanted w/both medical & gov’t entities to off-set monthly operating expenses. Well maintained, two story complex inside & out. Two, second level suites across from each other. Bullpen areas[one w/numerous cubicles (± 50) ready for occupancy], perimeter offices, conference rooms, kitchenettes, plenty of windows [natural light] & security features. Signage available. Potential for expansion w/gov’t approvals.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
30,960 SF
Building Class
B
Year Built
2004
Price
£2,403,699
Price Per SF
£78
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
14,275 SF
Building FAR
0.18
Lot Size
4.05 AC
Zoning
C-1 - Commercial Intensive
Parking
150 Spaces (4.84 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Signage
  • Central Heating
  • Fully Carpeted
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
523400-296-019-0001-032-000-0000
Land Assessment
£330,619
Improvements Assessment
£887,661
Total Assessment
£1,218,280
  • Listing ID: 30616313

  • Date on Market: 09/01/2024

  • Last Updated:

  • Address: 375 Bay Rd, Queensbury, NY 12804

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