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    1092 Madison Avenue Ext Albany, NY 12203

    For Lease
    $21 SF/Yr

    Move-in ready medical office space near St. Peters and Albany Med.

    Property size:
    14,448 SF
    Lot size:
    14,448 SF

    Property Features for 1092 Madison Avenue Ext

    General Information

    Size
    14,448 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Building Near Hospitals

    This medical building offers a total of 14,448 square feet of space suitable for various medical practices, veterinary services, dental offices, or holistic centers. The property is conveniently located 1.3 miles from St. Peters Hospital and 1.4 miles from Albany Medical Center. The first floor features 7,000 square feet and 4,500 square feet of medical office space, while the second floor provides an additional 2,500 square feet of medical office space. The building is fully equipped with patient rooms, administrative areas, and a nurses' station, making it move-in ready. Additionally, there is apartment space available, ideal for a visiting nurse or doctor. The property includes 19 parking spaces, an elevator, and is ADA compliant.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8830566
    Latitude
    42.7170929

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    FAQs

    What type of property is this?
    Medical office - Move-in ready medical office space near St. Peters and Albany Med.
    Where is this medical office located?
    The property is located at 1092 Madison Avenue Ext Albany, NY.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Ready-to-go medical building with existing patient rooms, admin areas, and nurses' station for immediate occupancy.; - Prime location: close proximity to St. Peters Hospital (1.3 miles) and Albany Medical Center (1.4 miles).; - Versatile space suitable for various medical practices, veterinary clinics, dental offices, or holistic centers.
    (518) 300-4903
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    1092 Madison Avenue Ext Albany, NY 12203
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    Albany, NY 12203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1092 Madison Avenue Ext Albany, NY 12203
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