Office Units in Business
10 British American Boulevard, Colonie, NY 12110
For Sale
Contact for pricing
Flexible suite configurations and on-site parking support a range of office requirements.
Property Size76,664 SF
Price / SF$0.00
Days on Market223
Property Features for 10 British American Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
British American Realty LTD
(518) 786-6000
Listed By:
Christopher P Conners · License #31CO1136608
(518) 466-7665
Source:
Simplywoodardrealestate
Added: Apr 1
Changed: Nov 9
Last Checked: Nov 8 at 2:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of British American Realty LTD
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 76,664-square-foot office property at 10 British American Boulevard was built in 1997. Flexible suite configurations allow for varied office layouts, and the campus includes maintained grounds and ample parking.
The property is in Airport Park, with access to I-87 and Albany International Airport. Hotels, restaurants, and other regional amenities are in the surrounding area.
The property is in Airport Park, with access to I-87 and Albany International Airport. Hotels, restaurants, and other regional amenities are in the surrounding area.
Key Highlights
- 76,664‑square‑foot office property built in 1997
- Flexible suite configurations
- Located in Airport Park with access to I‑87 and Albany International Airport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,049,247
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,984,940
$21.0M
Cap Rate 7%
$14,989,243
$15.0M
Cap Rate 9%
$11,658,300
$11.7M
Market Conditions
NOI Build-Up for 76,664 SF
Gross rent
$1.70M $22.20/SF
− Vacancy
−$302.9K −$3.95/SF
EGI
$1.40M $18.25/SF
− OpEx
−$349.7K −$4.56/SF
NOI
$1.05M $13.69/SF
Area
Albany, NY
Vacancy
17.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,984,940
Cap Rate 7%
$14,989,243
Cap Rate 9%
$11,658,300
Alternative Uses
Best Use
Office B
$14.99M
$13.12M – $17.49M
NOI $1,049,247 @ 7.0% cap · market cap 5,522,352.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.23M
$17.70M – $23.60M
NOI $1,415,831 @ 7.0% cap · market cap 7,451,742.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Albany County, NY
Properties on Market for Office Units in Albany County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible suite configurations and on-site parking support a range of office requirements.
Where is this office unit located?
The property is located at 10 British American Boulevard Colonie, NY.
What are key features of this property?
This property features: 76,664‑square‑foot office property built in 1997; Flexible suite configurations; Located in Airport Park with access to I‑87 and Albany International Airport
