For Sale

Locust Grove

2838 US-9,
Malta, NY 12020

Asset Snapshot

N/A
Multifamily Subtype
4.25 Acres
Land Area
33 Units
Unit Count
13,500 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

- Locust Grove is a 33-unit, 13,500 SF multifamily property located at 2838 US-9, Malta, NY 12020, situated on 4.25 acres.​ The property is currently 100% occupied and offers a current NOI of $164,720 with potential pro forma NOI of $201,581.​ Positioned near major employers including GlobalFoundries, Saratoga Hospital, and Skidmore College, the property benefits from strong area demographics and economic growth trends in Saratoga County.​


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Listing Syndicated From

Buildout
Accepting Offers
$3,200,000
Asking Price

Investment Sales Broker

ST
Steve Tomaso
IRE Investment

Market Insights