120 Defreest Drive, Troy, NY
Basics
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MLS Number: 202600976
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Address: 120 Defreest Drive, Troy, NY
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Listing Category: Office
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Listing Type: For Sale
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Zoning: TP
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Stories: 2
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Ceiling Height: 9
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Parking Spaces: 40
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Available SF: 11,800
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Available Office SF: 11,800
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Year built: 1986
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Directions: Located in the Rensselaer Technology Park: US-4 to Jordan Rd in North Greenbush follow Jordan Rd take left onto Defreest Dr. Building is on the left. Across the road from Pat's Barn catering site.
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Date added: Added 6 hours ago
Description
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Property Description: Investment or owner-user opportunity in RPI's Rensselaer Technology Park. 120 DeFreest Drive is a ±11,800 SF, two-story office building operating as full-service executive suites and generating $156,300 in annual in-place gross rental income from 11 small-business tenants. The seller will vacate its headquarters space, which together with three vacant suites offers upside through lease-up or owner-user occupancy. The±1.03-acre site has ±40 on-site parking spaces and sits across from Pat's Barn, with Park trails and neighbors including Regeneron and MetLife. Leasehold interest: ground rent is prepaid through December 25, 2042. Convenient access to Route 4 and I-90.
Documents
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Documents:
120-DeFreest-Drive-For-Sale-Flyer.pdf
10.88 MB
