Colonie, NY Hotels for sale

Updated: Oct 4, 2025

Full-Service Hotel with Meeting Space

3 Watervliet Avenue Extension, Albany, NY 12206

$8,000,000

115,304 sqft 5.40 AC lot

Fully operational, independently run full‑service hotel with 215 guest rooms on a 5.40‑acre site
Approx. 115,305 SF building includes 9‑story main tower and 2‑story rear building; built in 1972 and renovated in 2016
Meeting and event capabilities with 10,000+ SF meeting/event space plus restaurant and bar areas
Indoor and outdoor pools, along with a fitness center and business center
Surface parking lot with 300+ spaces, with direct access off I‑90 (Everett Rd Exit 5)

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This listing looks promising.

Here's a quick look at some key insights for

3 Watervliet Avenue Extension, Albany, NY 12206

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$616K
Annual
Mortgage

$5M
Apr 2020
Last Sold

Apr 2020
$6.4M
Property Type

Hotel
Built 1972

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Updated: Aug 12

Hotel Property

189 Wolf Road, Albany, NY 12205

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189 Wolf Road location in Albany, NY 12205
Albany‑Rensselaer station served 920,000+ Amtrak passengers in 2025
Albany International Airport served nearly 3.2 million passengers in 2025
No new competitive rooms are under construction in the Albany/Rensselaer Upper Upscale submarket
Albany Capital Center expansion will bring rentable event space to 84,000 square feet

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312-Room Full-Service Hotel

205 Wolf Rd, Albany, NY 12205

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Leasehold hotel interest with meeting facilities, pools, dining, and a broad range of guest amenities.

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153-Room Hotel with Banquet Facilities

200 Wolf Rd, Albany, NY 12205

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Hotel offering event, dining, recreation, and operational support facilities.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Days Inn Hotel with Suites

1606 Central Ave, Colonie, NY 12205

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Three-building hotel complex with suites, a restaurant, and guest-service amenities.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Colonie, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

COMMERCIAL - Broadalbin, NY

59 W Main St, Broadalbin, NY 12025

$1,650,000

2.10 AC lot

Historic hotel pub and eatery on Main Street featuring 12 guest rooms, an owners suite, and event-ready dining spaces.

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Historic Hotel, Pub, and Eatery

59 W Main Street, Broadalbin, NY 12025

$1,650,000

18,092 sqft

Renovated hotel, pub, and eatery with strong financials.

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68-Unit Hotel with Connecting Rooms

157 Nott Terrace, Schenectady, NY 12308

Contact for pricing

1.42 AC lot

Operational lodging property includes a breakfast area, lounge and lobby, gym, and on-site parking.

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Hotel with Studio and One-Bedroom Suites

434 State St, Schenectady, NY 12305

Contact for pricing

Accommodations combine historic finishes, modern amenities, and kitchens in select units.

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Colonie, NY Hotels Market Trends and Statistics

Explore 5 hotels for sale in Colonie, NY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 115,304 square feet of properties for sale, with an estimated market value of $8,000,000.

Sale prices for resorts in Colonie, NY average $8,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.