17 Erie St, Albany, NY 12204
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2B · Albany, NYAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.