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541 Acorn St, Deer Park, NY 1772 US-9, Clifton Park, NY 4786 NY-30, Amsterdam, NY 259 Ushers Rd, Round Lake, NY 3085 NY-50, Saratoga Springs, NY
5-Property, Value-Add Self-Storage Portfolio – New York
Asset ClassSelf Storage
Call For Offers08/07/25
Square Feet: 248,452# Units: 2,193Land: 19 AcresAccess Data Room
NYC MSA & Albany–Schenectady–Troy MSA – Amsterdam, Clifton Park, Deer Park, Round Lake & Saratoga Springs, NY
overview of deal

Overview

The Cushman & Wakefield Self Storage Advisory Group has been exclusively retained to offer for sale a five-property self-storage portfolio.

 

The portfolio totals 248,452 net rentable square feet and 2,193 units across key submarkets in New York State. As of April 2025, the portfolio is 91.5% physically occupied, reflecting strong in-place demand and consistent operational performance. The assets are institutionally maintained, built between 1988 and 2006, and collectively generate over $4.6 million in annual revenue. With a mix of stabilized operations and clear value-add potential, the portfolio offers immediate scale and long-term upside.

 

The portfolio is anchored by a high-performing facility in Deer Park, Long Island—part of the New York MSA, the largest in the U.S. by population and economic output. Deer Park benefits from dense demographics, limited land availability, and high barriers to new development. The remaining four properties are located in the Capital Region and Catskills, including Clifton Park (97% occupied), Round Lake (97%), Saratoga Springs (94%), and Amsterdam, where the existing self-storage component is 90% occupied. These upstate markets are similarly supply-constrained, with stable population trends and minimal new self-storage construction.

 

Several properties offer meaningful expansion and repositioning opportunities. In Deer Park, a former parking area—previously used for vehicle storage—can potentially be reactivated or redeveloped with portable units, subject to annual city approval. Saratoga Springs includes a planned 6,300-square-foot expansion for 68 climate-controlled units. Amsterdam presents the most significant upside, with a 12,000-square-foot vacant warehouse that can be converted into 7,500 RSF of storage across 75 climate-controlled units, along with approved plans for an additional 12,000 square feet of parking. These opportunities, combined with below-market rents and operational efficiencies, provide a clear path for revenue growth and long-term value creation.

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Investment Highlights

  • Institutional Portfolio: 5 assets totaling 248,452 NRSF and 2,193 units, 91.5% physically occupied as of April 2025.
  • Top-Tier Market: Anchored by Deer Park in the #1 U.S. MSA, with high barriers to entry and dense demographics.
  • Expansion Potential: Value-add opportunities include portable units (Deer Park), 6,300 SF expansion (Saratoga), and warehouse conversion (Amsterdam).
  • Strong Revenue Base: Over $4.6M in annual revenue with consistent performance across stabilized assets.
  • Supply-Constrained Submarkets: Upstate NY locations benefit from limited new development and stable population trends.
  • Operational Upside: Below-market rents and scalable management platform offer near-term growth opportunities.
  • Diverse Demand Drivers: Mix of residential, commercial, and commuter populations across suburban and regional markets.
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541 Acorn StDeer Park, NY 11729

Cushman and Wakefield Self-Storage Advisory Group

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Listing provided by Revere CRE