Locust Grove

For Sale

2838 US-9, Malta, NY 12020

- 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.​

Building Details

  • For Sale $3,200,000
  • Property Type Multi-Family
  • Property Size 13,500 SF
  • Units 33
  • Lot Size 4.25 Acre
  • Additional Rent Price on request
  • Date Updated Oct 19, 2026
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Contacts

Steve Tomaso

IRE Investment

Location

  • City Malta, NY
  • Zip Code 12020
  • Market Albany
  • Walk score 16/100 Car-Dependent
  • Bike score 28/100 Somewhat Bikeable
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Points of Interest

Stewarts

1.01 miles

Mobil

1.05 miles

Stewart's

2.56 miles

ChargePoint

2.66 miles

Sunoco

2.67 miles

Cumberland Farms

2.89 miles

Union

3.02 miles

Driscol Road Trailhead

1.71 miles

Burl Trailhead Parking

2.09 miles

Carlsbad

2.45 miles

Peerless Pool Complex

2.50 miles

Columbia

2.57 miles

Geyser

2.62 miles

Zim Smith Trail

2.65 miles

Hathorn

2.80 miles

Coesa

2.80 miles

Enterprise

2.48 miles

Hoffman's Car Wash

2.48 miles

Malta Drive-In Theatre Concessions

0.57 miles

The Finish Line Restaurant & Bar

1.06 miles

Ripe Tomato An American Grill

1.25 miles

Carson's Woodside Tavern

1.68 miles

PJ's Bar-B-QSA

2.13 miles

Spa Brauhaus

2.16 miles

DiDonna's South Shore Restaurant

2.29 miles

Bui Thai

2.52 miles

Mangino's Ristorante

2.52 miles

Tasty Chinese

2.60 miles

Price Chopper

2.68 miles

ALDI

2.92 miles

Hannaford

3.19 miles

West Hill Plaza

4.69 miles

Cardona's Market

4.72 miles

Saratoga Marketplace

4.91 miles

Franklin Square Market

4.92 miles

Four Seasons Natural Foods

5.01 miles

The Fresh Market

5.59 miles

Kohl's

6.21 miles

Malta Ridge Fire Department

0.11 miles

CVS Pharmacy

2.66 miles

Bone and Joint Center

2.77 miles

Fire Companies of Malta

2.89 miles

New York State Police

2.97 miles

SPAC Medical Clinic

2.99 miles

Union Hose Company Number 2

3.02 miles

Four Winds Hospital Saratoga

3.21 miles

Town of Milton Volunteer Fire Department

3.97 miles

Rite Aid

4.11 miles

Listing Summary

  • Property Financials

    2838 US-9 is currently listed for sale at $3,200,000 for a price per square foot of $237.04.

  • Property Details

    2838 US-9 totals 13,500 square feet of Multi-Family space on a lot spanning 4.25 acres.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 16, indicating that it is car-dependent.

Contact Steve Tomaso
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