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    194 Washington Avenue Ext Albany, NY 12203

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    For Sale
    Contact for pricing

    Six-story office building with parking and retail frontage available for purchase.

    Property size:
    30,000 SF

    Property Features for 194 Washington Avenue Ext

    General Information

    Size
    30,000 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Six-Story Office Building For Sale

    This six-story office building offers approximately 30,000 square feet of space and includes a parking garage with space for approximately 150 cars. The property features a small retail frontage on Lark Street. The building is currently tenanted by multiple fiber optic companies, each with substantial infrastructure, providing a base of long-term tenants.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8540143
    Latitude
    42.7013684

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    FAQs

    What type of property is this?
    Office building - Six-story office building with parking and retail frontage available for purchase.
    Where is this office building located?
    The property is located at 194 Washington Avenue Ext Albany, NY.
    What is the asking price?
    The asking price for this property is $7.
    What are key features of this property?
    This property features: - Six-story office building for sale.; - Approximately 150-car parking garage.; - Long-term stable tenants.
    (518) 862-0861
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    194 Washington 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
    194 Washington Avenue Ext Albany, NY 12203
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