$2,250,000
Guilderland, NY 12203
MLS# 202415376
Status: Closed
25085 sqft
1 / 17
Property Description
+/-25,085 SF multi-tenant office / retail building on +/-3.1 acres located across from Pioneer Bank, Cumberland Farms, and Ace Hardware at signalized intersection just seconds from Crossgates Mall, Stuyvesant Plaza, and the University at Albany. 32,185 AADT. 18' clear ceiling height. Fully sprinklered. Municipal water & sewer. 113 on-site parking spaces (4.5 spaces per 1,000 SF). Originally constructed in 1972 as a grocery store and gut renovated and converted to multi-tenant office in 2006.
Details
Maps
Contract Information
Original List Price: 3500000
Lease Considered: Yes
List Price/SqFt: 139.53
Sold Price/SqFt: 89.7
List Price/Acres: 1129032.26
Sold Price/Acres: 725806.45
Status: Closed
Property Sub Type: Office
Sold Price: $2,250,000
Listing Contract Date: 2024-04-17
Current Price: $2,250,000
Location
Postal Code +4: 6021
City/Town (Mail): Albany
Street Number: 1881
Street Name: Western
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12203
Geo Lat: 42.693583
Geo Lon: -73.873996
Property Detail
Stories: 1
Number Of Buildings: 1
Parking Y/N: Yes
Lot Size Square Feet: 135036
Zoning: Commercial
Lot Size Dimensions: 500
Lot Size Acres: 3.1
Building Area Total: 25085
Building Available SQFT: 18000
Year Built: 1972
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 013089 51.12-4-48.11
Tax Annual Amount: 82653
Tax Section: 51.12
Total Taxes Description: Actual
Tax Block: 4
Tax Lot: 48.011
School District: Guilderland
High School: Guilderland
Directions & Remarks
Directions: 1881 Western Ave, Albany, NY 12203
Public Remarks: +/-25,085 SF multi-tenant office / retail building on +/-3.1 acres located across from Pioneer Bank, Cumberland Farms, and Ace Hardware at signalized intersection just seconds from Crossgates Mall, Stuyvesant Plaza, and the University at Albany. 32,185 AADT. 18' clear ceiling height. Fully sprinklered. Municipal water & sewer. 113 on-site parking spaces (4.5 spaces per 1,000 SF). Originally constructed in 1972 as a grocery store and gut renovated and converted to multi-tenant office in 2006.
Sewer
Public Sewer: 1
Current Use
Office: 1
Architectural Style
Grocery: 1
Office: 1
Financial Details
General Taxes: 82653
Cooling
Central Air: 1
Basement
Slab: 1
Building Detail
Fire Sprinkler System Y/N: Yes
Building Ceiling Height: 18
Office Total SQFT: 25085
Office Available SQFT: 18000
Retail Total SQFT: 25085
Retail Available SQFT: 18000
Warehouse Total SQFT: 25085
Warehouse Available SQFT: 18000
Construction Materials
Other: 1
Possession
At Closing: 1
Showing Requirements
Agent to Accompany: 1
Call Listing Agent: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Parking Total: 113
Possible Use
Land: 1
Office: 1
Office/Retail: 1
Office/Warehouse: 1
Retail: 1
Shopping Center: 1
Fitness/Gym: 1
Medical/Dental: 1
School Building: 1
Self-Storage Facility: 1
Subdividable: 1
Sale Includes
Building & Land: 1
Tenant Pays
Electricity: 1
Gas: 1
Status Change Info
Status Change Date: 2024-12-27
Under Contract Date: 2024-12-02
Sold Date: 2024-12-23
Sold Price: $2,250,000
Property Features
Architectural Style: Grocery; Office
Basement: Slab
Construction Materials: Other
Cooling: Central Air
Current Use: Office
Heating: Forced Air; Natural Gas
Possession: At Closing
Possible Use: Land; Office; Office/Retail; Office/Warehouse; Retail; Shopping Center; Fitness/Gym; Medical/Dental; School Building; Self-Storage Facility; Subdividable
Roof: Rubber
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Call Listing Agent; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Electricity; Gas
Water Source: Public
Listing Courtesy of Carrow Real Estate Services LLC
Listing Agent: Rudy R Lynch
518-337-3705 | rudy@carrowrealestate.com
518-337-3705 | rudy@carrowrealestate.com
