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    164 Montgomery St Albany, NY 12207

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    For Sale
    $1,100,000

    Warehouse with three tenant spaces, parking, and convenient access.

    Property size:
    1,652 SF

    Property Features for 164 Montgomery St

    General Information

    Size
    1,652 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Versatile Warehouse with Tenant Spaces

    This versatile warehouse property includes a 0.31-acre paved parking lot across from the building. It features three separate tenant spaces. The first tenant space measures 1,652 square feet, the second measures 2,322 square feet, and both are currently leased. The third space offers 11,045 square feet of clear span area and is leased until October 31, 2025, after which it will become available. The building is equipped with four grade-level doors at the front and one additional door at the rear, facilitating loading and unloading operations. Located near the Central Warehouse, the property provides good access to major thoroughfares. Off-street parking is available in the owner's lot directly across the street. This property is suitable for businesses seeking expansion opportunities or investors looking for a reliable return with existing tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sam's Septic Services Septic System Service PROSHRED® Albany Shredding Service All Type Disposal Garbage Collection Service

    Suggested Use

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

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

    Similar Places Nearby

    Document Storage, Adirondack Records Management, Ritmo Room, Otis Elevator Company, AAA MOVING & STORAGE

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7446977
    Latitude
    42.6578182

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    FAQs

    What type of property is this?
    Warehouse - Warehouse with three tenant spaces, parking, and convenient access.
    Where is this warehouse located?
    The property is located at 164 Montgomery St Albany, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Existing tenants provide reliable return on investment.; - Large 11,045 SF clear span space available after October 31, 2025.; - Includes .31 acre paved parking lot across the street.
    (518) 694-9190
    Request Owner's contact information
    164 Montgomery St Albany, NY 12207
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    Albany, NY 12207
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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
    164 Montgomery St Albany, NY 12207
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