Tyler Culberson has listed a 27,068 SF flex light industrial building for sale at 2392 Route 9, Malta, NY for $3,520,000. William “Felton” McLaughlin, CCIM, SIOR was a tenant representative for a 3,000 SF office space in downtown Albany, and…
June 2022 Brokers of the Month
Will’s Profile William Curry has listed (2) properties for the month of June, a tavern/restaurant plus an apartment listed for sale at 18 Division Street, Cohoes, NY for the price of $250,000. Also, a 109-room hotel/restaurant listed for sale at…
May 2022 Brokers of the Month
Kevin’s Profile Kevin has listed two Investment properties For Sale: Stuyvesant Apartment Complex at 176, and 178-180 Washington Avenue in Albany, New York, and the Hillcrest Garden Apartments at 2331-2333 Niskayuna Drive in Niskayuna, New York. Both under contract in…
April 2022 Brokers of the Month
Felton’s Profile Felton has listed two properties for the month of April, 10 North Pearl Street in Albany, New York, and 951 Albany Shaker Rod in Latham, New York. 10 North Pearl Street is a 20,000 SF highly visible office…
March 2022 Brokers of the Month
Jay’s Profile James “Jay” Verro, CCIM is NAI Platform’s listing leader for the month of March. 1471 Route 9 in Clifton Park, (7) of his listings were modified and one 1,000 SF endcap retail space was added for Lease. Jay…
Michael McGovern Helps Seal the Deal on Mid-City Plaza in Menands
Check out the Business Review Article on Mikes Deal Read It Now! NAI Platform’s Michael McGovern represented Hampshire Properties, LLC in the sale of 90-100 Broadway in Menands to Y Gazali Corp for $3.1 million while also signing an agreement…
New Listings for the Month of February
Daniel Slote, SIOR, and Tyler Culberson, SIOR have listed an industrial property For Lease at 7 Empire State Boulevard, in Schodack, New York. This build-to-suit opportunity can be built up to 156,000 SF. The price is to be determined but…
February 2022 Brokers of the Month
Congratulations to James “Jay” Verro, CCIM on being NAI Platform’s Listing Leader for the month of February! Jay listed a long-term land lease of the Bank of America at 804-806 New Loudon Road, New York. Multiple lending institutions have consecutively…
Commercial Land for Sale in Colonie NY
Colonie Commercial Land for Sale 2028-2030 Central Ave., Albany, NY, located in the Town of Colonie, has been listed for sale. The 2 lots combine for just shy of a ½ acre of highly visible land with 240’ of frontage…
Guiding Commercial Real Estate Decisions with Cap Rate
A popular metric to determine the value of a commercial real estate deal is the capitalization rate. Also known as the cap rate, this metric is useful in determining how much an investor may want to pay for a property…