What is the asking price for Locust Grove?

The lease rate for space here is $3,200,000.

What is the total size of Locust Grove?

The property has a total square footage of 13,500 SF.

How many parking spaces are available at Locust Grove?

Parking information for the property isn't currently listed. However, other nearby parking options include Driscol Road Trailhead, located 1.71 miles away , and Burl Trailhead Parking, which is 2.09 miles away.

Locust Grove

2838 US-9, Malta, NY 12020

Property Information

See Attachment

For Sale $3,200,000
Property Type Multi-Family
Property Size 13,500 SF
Units 33
Lot Size 4.25 Acre
Date Updated Oct 19, 2026

Description

- Located in Saratoga County- 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.

Contacts

Steve Tomaso

IRE Investment

16/100 Car-Dependent
28/100 Somewhat Bikeable

Contact Listing Broker

Steve Tomaso

IRE Investment

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Frequently Asked Questions

The lease rate for space here is $3,200,000.
The property has a total square footage of 13,500 SF.
Parking information for the property isn't currently listed. However, other nearby parking options include Driscol Road Trailhead, located 1.71 miles away , and Burl Trailhead Parking, which is 2.09 miles away.