Press Releases
Marcus & Millichap Arranges Sale of Skilled Nursing Facility in Hoosick Falls, New York
April 23, 2026
HOOSICK FALLS, N.Y., April 23, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of an 82-bed skilled nursing facility located in Hoosick Falls, New York.
“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 at 21 Danforth St. in Hoosick Falls, approximately 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.
“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 at 21 Danforth St. in Hoosick Falls, approximately 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.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
