Active
213 Tracy Creek Road
VESTAL NY, 13850
$3,750,000
Active
Commercial
Built in 1989
OFFERED FOR SALE WITH A NEW 10-YEAR LEASE! DASNY, an NYS agency, signed a new 10-year lease at $10.50/SF plus utilities, janitorial, and certain expenses. Occupied by the State of NY since 1989, over $3,000,000 in renovations were made to custom-build the space. This durable cement and brick structure is solid enough to be considered a fallout shelter. Features include 3-phase electric, updated furnaces, high-efficiency Mitsubishi units, a 3-year-old ballasted roof, firewalled rooms, and a 5,000 SF gymnasium with 19' ceiling clearance. Located in a secluded area of Vestal, NY, near Apalachin, it's adjacent to a park with soccer fields and just two blocks from NY State Route 434 for easy highway access. The lease is modified net, with the tenant covering expense increases above the base year. A beautiful redevelopment with a solid tenant, the State of New York, since 1989.
321816
MLSⓇ ID
June 25, 2023
Listed
August 23, 2024
Updated
Map
213 Tracy Creek Road
VESTAL NY, 13850
School Information
School District
Vestal
Other Property Details
Area Name
Area 06
Taxes
$70,612
Tax Frequency
Annually
Days on Market
48
Garage
No
View
No
County
Broome
Municipality
Vestal
Water Source
Public
Pool
No
Listed by Scott Warren with INNOVATIVE COMMERCIAL ADVISORS
Listing Contact: 607-621-0439
The IDX display contains information sourced from the Greater Binghamton Association of REALTORS® as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/23/2024 at 5:18 PM UTC