Marcus & Millichap arranges sale of skilled nursing facility in Hoosick Falls

Hoosick Falls, NY Marcus & Millichap brokered the sale of an 82-bed skilled nursing facility at 21 Danforth St.

“This transaction underscores the resilience of the healthcare real estate market,” said Joseph Knapp. “Hospitals and skilled nursing facilities remain critical infrastructure, and we’re seeing sustained demand from buyers who are focused on long-term value and operational stability.”

Knapp, investment specialist in Marcus & Millichap’s Detroit office, in association with John Horowitz, Marcus & Millichap’s New York broker of record, had the exclusive listing to market the property on behalf of the non-profit seller.

The property is situated on 3.9 acres 30 miles northeast of Albany. Originally built in 1954 and expanded through 1995, the single-story facility features a community dining hall, resident lounges and outdoor walking areas.