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    5 Columbia Cir Albany, NY 12203

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    For Sale
    $7,500,000

    Well-maintained multi-tenant office building with basement storage for sale.

    Property size:
    49,000 SF

    Property Features for 5 Columbia Cir

    General Information

    Size
    49,000 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Multi-Tenant Office Building For Sale

    This multi-tenant office building offers approximately 49,000 rentable square feet of space. The property includes a partial basement, which is sprinklered and serviced by an elevator, suitable for storage purposes. The basement storage area measures approximately 8,035 square feet and is not included in the building's total square footage. The building has been well-maintained and features upgrades including newer HVAC and roof systems, bathroom upgrades, and lobby improvements. The owner-used building is equipped with Key FOB access and a loading dock. It is situated in a quiet, professional campus that is centrally located near highways and retail areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reinke Wayne F Attorney Heslin Rothenberg Farley ... Attorney Solomon Valerie N Attorney Hutton Brett Attorney Boger John W Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8647219
    Latitude
    42.7050637

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    FAQs

    What type of property is this?
    Office building - Well-maintained multi-tenant office building with basement storage for sale.
    Where is this office building located?
    The property is located at 5 Columbia Cir Albany, NY.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Well-maintained and upgraded building with newer HVAC and roof.; - +/-49,000 RSF multi-tenant office building in a professional campus.; - Convenient location central to highways and retail.
    (518) 452-2700
    Request Owner's contact information
    5 Columbia Cir 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
    5 Columbia Cir Albany, NY 12203
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