951 Albany Shaker Road, Colonie, NY 12110 (MLS# 202510846)

$749,000

951 Albany Shaker Road
Colonie, NY 12110
MLS# 202510846
Status: Closed
13218 sqft

1 / 25

Property Description
951 Albany Shaker Road is a 1.46 acre property improved with a 13,218 sf medical/office building and striped parking for 44 vehicles with overflow parking in the rear. The property is located approximately 2.8 miles from I-87 Exit 6 and located within the Airport Business Area, which offers a multitude of potential uses. The existing building consists of a single story medical wing currently owner occupied and recently improved, with a portion of the space sublet to a short term tenant. The remainder of the building is a two story office building with 22 offices, 2 conference rooms, and kitchenette. Office has month-to month tenancies. Opportunity exists for a new owner to renovate to meet their needs, or with the flexible zoning, location and lot size redevelop the site to a new use.

Details

Maps

Documents

Contract Information

Original List Price: 799000

List Price/SqFt: 60.45

Sold Price/SqFt: 56.67

List Price/Acres: 547260.27

Sold Price/Acres: 513013.7

Status: Closed

Property Sub Type: Office

Sold Price: $749,000

Listing Contract Date: 2025-01-16

Current Price: $749,000

Location

City/Town (Mail): Latham

Street Number: 951

Street Name: Albany Shaker

Street Suffix: Road

County: Albany

State/Province: NY

Postal Code: 12110

Geo Lat: 42.763639

Geo Lon: -73.814239

Property Detail

Year Established: 1980

Stories: 2

Number Of Buildings: 1

Parking Y/N: Yes

Lot Size Square Feet: 63597

Zoning: Commercial

Lot Size Dimensions: 194

Lot Size Acres: 1.46

Building Area Total: 13218

Building Available SQFT: 9400

Main Road Frontage: 194

Waterfront Y/N: No

Enhanced Accessible Y/N: No

Land Lease Y/N: No

Year Built: 1980

Parcel, Tax, HOA

New Construction Y/N: No

Parcel Number: 18.-2-62

Tax Annual Amount: 16119

Tax Section: -2

Total Taxes Description: With Exemptions

Tax Block: 18.

Tax Lot: -62

School District: North Colonie (including Maplewood)

High School: Shaker HS

Association Y/N: No

Directions & Remarks

Directions: From I-87 Exit 6, west on Route 7 to a left on Albany Shaker Road, 951 is on the left.

Public Remarks: 951 Albany Shaker Road is a 1.46 acre property improved with a 13,218 sf medical/office building and striped parking for 44 vehicles with overflow parking in the rear. The property is located approximately 2.8 miles from I-87 Exit 6 and located within the Airport Business Area, which offers a multitude of potential uses. The existing building consists of a single story medical wing currently owner occupied and recently improved, with a portion of the space sublet to a short term tenant. The remainder of the building is a two story office building with 22 offices, 2 conference rooms, and kitchenette. Office has month-to month tenancies. Opportunity exists for a new owner to renovate to meet their needs, or with the flexible zoning, location and lot size redevelop the site to a new use.

Sewer

Public Sewer: 1

Association Amenities

None: 1

Current Use

Medical/Dental: 1

Office: 1

Architectural Style

Commercial: 1

Office: 1

Electric

200+ Amp Service: 1

Financial Details

Full Market Assessment: 585000

Tax Assessed Value: 391950

General Taxes: 5309

General Taxes Description: With Exemptions

School Taxes: 10810

School Taxes Description: With Exemptions

Seller Financing: No

Cooling

Central Air: 1

Window Unit(s): 1

Listing Terms

Cash: 1

Basement

Slab: 1

Lot Features

Landscaped: 1

Level: 1

Road Frontage: 1

Building Detail

Fire Sprinkler System Y/N: No

Railroad Siding Y/N: No

Building Ceiling Height: 8

Office Total SQFT: 13218

Office Available SQFT: 9400

Office Ceiling Height: 8

Retail Total SQFT: 0

Retail Available SQFT: 0

Warehouse Total SQFT: 0

Warehouse Available SQFT: 0

At Grade Door #: 1

Construction Materials

Block: 1

Brick: 1

Frame: 1

Wood Siding: 1

Other Structures

Shed(s): 1

Photos - the contractual owner of the photos

Photo Owner: Broker

Possession

At Closing: 1

Negotiable: 1

Business Type

Professional/Office: 1

Exterior Features

Lighting: 1

Flooring

Carpet: 1

Laminate: 1

Vinyl: 1

Showing Requirements

Call Listing Agent: 1

Occupied: 1

Special Listing Conditions

NonProfit: 1

Roof

Shingle: 1

Water Source

Public: 1

Heating

Forced Air: 1

Natural Gas: 1

Zoned: 1

Parking Features

Parking Total: 50

Off Street: 1

Paved: 1

Private: 1

Possible Use

Business: 1

Farm: 1

Hotel/Motel: 1

Industrial: 1

Manufacturing: 1

Office: 1

Office Plus: 1

Office/Retail: 1

Office/Warehouse: 1

Restaurant: 1

Retail: 1

Service Station: 1

Shopping Center: 1

Tavern: 1

Tavern Plus: 1

Warehouse: 1

Other: 1

Automotive Sales: 1

Car Wash: 1

Convenience Store: 1

Fitness/Gym: 1

Gas Station: 1

Medical/Dental: 1

School Building: 1

Self-Storage Facility: 1

Sale Includes

Building & Land: 1

Security Features

Carbon Monoxide Detector(s): 1

Fire Alarm: 1

Smoke Detector(s): 1

Status Change Info

Status Change Date: 2025-05-07

Sold Date: 2025-05-07

Sold Price: $749,000

Property Features

Architectural Style: Commercial; Office

Association Amenities: None

Basement: Slab

Construction Materials: Block; Brick; Frame; Wood Siding

Cooling: Central Air; Window Unit(s)

Current Use: Medical/Dental; Office

Business Type: Professional/Office

Electric: 200+ Amp Service

Exterior Features: Lighting

Flooring: Carpet; Laminate; Vinyl

Heating: Forced Air; Natural Gas; Zoned

Listing Terms: Cash

Lot Features: Landscaped; Level; Road Frontage

Other Structures: Shed(s)

Parking Features: Off Street; Paved; Private

Possession: At Closing; Negotiable

Possible Use: Business; Farm; Hotel/Motel; Industrial; Manufacturing; Office; Office Plus; Office/Retail; Office/Warehouse; Restaurant; Retail; Service Station; Shopping Center; Tavern; Tavern Plus; Warehouse; Other; Automotive Sales; Car Wash; Convenience Store; Fitness/Gym; Gas Station; Medical/Dental; School Building; Self-Storage Facility

Roof: Shingle

Sale Includes: Building & Land

Security Features: Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s)

Sewer: Public Sewer

Showing Requirements: Call Listing Agent; Occupied

Special Listing Conditions: NonProfit

Water Source: Public

Listing Documents