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    FOR LEASE
    Warehouses

    17 Erie St, Albany, NY 12204

    5,273 SF 0.46 ac lot Built 1940
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-2362454
    Property summary
    AI-generated overview

    This exceptional 5,273-square-foot property, located at 17 Erie Street in Albany County, presents a unique opportunity for businesses seeking a versatile space. The single-tenant building, constructed in 1940 and recently renovated, seamlessly blends office and warehouse functionality. The 1-story structure boasts a substantial 4,273 square feet of warehouse space complemented by 1,000 square feet of executive office space. High ceilings, measuring 14 feet, provide ample vertical space, while three ground-level dock-high doors ensure easy access for equipment and deliveries. The property features a generous 0.46-acre lot, including a fenced yard and an additional side yard available for lease at a separate monthly rate of $1,775. Ample parking is provided with 50 spaces. The building benefits from robust power, including 400+ amp service and three-phase power, making it suitable for a wide range of industrial and commercial operations. Its convenient location offers easy access to Broadway, downtown Albany, and Route 787, enhancing its appeal and accessibility. The property's APN is 010100 66.37-1-50. This property is perfect for businesses needing both office and warehouse space, with its strategic location and excellent features.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1940
    Total area 5,273 SF
    Lot 0.46 ac (20,210 SF)
    Zoning code R2B
    APN 010100 66.37-1-50
    UPID US63-2362454
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    17 Erie St LLC · 2 yrs held
    17 Erie St LLC
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    R2B · Albany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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