$1,199,000
Colonie, NY 12205
MLS# 202518530
3 baths | 17976 sqft
1 / 8
Property Description
11.7% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water.
Details
Maps
Contract Information
Original List Price: 1900000
List Price/SqFt: 66.7
List Price/Acres: 799333.33
Status: Active
Property Sub Type: Office
List Price: $1,199,000
Listing Contract Date: 2025-05-29
Current Price: $1,199,000
Location
City/Town (Mail): Albany
Cross Street: VFW Drive
Street Number: 251
Street Name: New Karner
Street Suffix: Road
County: Albany
State/Province: NY
Postal Code: 12205
Geo Lat: 42.721405
Geo Lon: -73.863694
Property Detail
Stories: 1
Number Of Buildings: 1
Parking Y/N: Yes
Lot Size Square Feet: 65340
Zoning: Commercial
Lot Size Dimensions: 65340
Lot Size Acres: 1.5
Building Area Total: 17976
Building Available SQFT: 1250
Main Road Frontage: 409
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Land Lease Y/N: No
Year Built: 1982
Bathrooms Total: 3
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 012689 41.1-1-1
Tax Annual Amount: 37369
Tax Section: 41.01
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 1.000
School District: South Colonie
High School: Colonie Central HS
Association Y/N: No
Directions & Remarks
Directions: New Karner Road between Washington Ave. Ext. and Central Ave.
Public Remarks: 11.7% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water.
Sewer
Septic Tank: 1
Accessibility Features
Accessible Full Bath: 1
Accessible Sidewalks: 1
Current Use
Office: 1
Architectural Style
Commercial: 1
Office: 1
Electric
Circuit Breakers: 1
Cooling
Central Air: 1
Basement
None: 1
Lot Features
Cleared: 1
Corner Lot: 1
Level: 1
Road Frontage: 1
Building Detail
Office Total SQFT: 17976
Construction Materials
Brick: 1
Drywall: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Business Type
Commercial: 1
Flooring
Carpet: 1
Laminate: 1
Tile: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Call Listing Agent: 1
Key: 1
Occupied: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Ceramic Tile Bath: 1
High Speed Internet: 1
Parking Features
Parking Total: 60
Off Street: 1
Paved: 1
Private: 1
Possible Use
Business: 1
Office: 1
Office Plus: 1
Sale Includes
Building & Land: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Tenant Pays
Internet: 1
Telephone: 1
Status Change Info
Status Change Date: 2025-05-30
Property Features
Accessibility Features: Accessible Full Bath; Accessible Sidewalks
Architectural Style: Commercial; Office
Basement: None
Construction Materials: Brick; Drywall
Cooling: Central Air
Current Use: Office
Business Type: Commercial
Electric: Circuit Breakers
Flooring: Carpet; Laminate; Tile
Heating: Forced Air; Natural Gas
Interior Features: Ceramic Tile Bath; High Speed Internet
Lot Features: Cleared; Corner Lot; Level; Road Frontage
Parking Features: Off Street; Paved; Private
Possible Use: Business; Office; Office Plus
Roof: Rubber
Sale Includes: Building & Land
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Agent to Accompany; Call Listing Agent; Key; Occupied; Sign on Property
Special Listing Conditions: Standard
Tenant Pays: Internet; Telephone
Water Source: Public
Listing Courtesy of Scott Film Realty, LLC
Listing Agent: Scott M Film
518-369-7654 | scottfilmrealty@gmail.com
518-369-7654 | scottfilmrealty@gmail.com