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    650 Warren St Albany, NY 12208

    For Sale
    $699,000

    Well-maintained 19,560 SF office building, prime residential conversion opportunity.

    Property size:
    19,560 SF
    Lot size:
    1.28 Acres

    Property Features for 650 Warren St

    General Information

    Size
    19,560 SF
    Lot size
    1.28 Acres

    Source: CBRE | Albany Agent Eric Simonds

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

    Overview

    Two-Story Office Building in Albany

    Offered for sale or lease is a well-maintained two-story office building with approximately 19,560 square feet of space, situated within the City of Albany. The property is located within one mile of St. Peter’s Hospital and Albany Medical Center. The property presents a prime residential conversion opportunity and can be delivered vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Capital Counseling Non-Profit Organization Capital EAP Mental Health Clinic Senior Hope Counseling Addiction Treatment Center Center For Problem Gambling Addiction Treatment Center Philip H. Rainer, ... Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -73.787045
    Latitude
    42.658686

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    FAQs

    What type of property is this?
    Office building - Well-maintained 19,560 SF office building, prime residential conversion opportunity.
    Where is this office building located?
    The property is located at 650 Warren St Albany, NY.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime residential conversion opportunity.; - Can be delivered vacant.; - Located within one mile of St. Peter\u2018s Hospital and Albany Medical Center.
    (518) 598-9985
    Request Owner's contact information
    650 Warren St Albany, NY 12208
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    Albany, NY 12208
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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
    650 Warren St Albany, NY 12208
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