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    16 Commercial Ave Albany, NY 12205

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    For Sale
    $4,900,000

    75,220 SF property in Albany's distribution district.

    Property size:
    75,220 SF
    Lot size:
    3.63 Acres

    Property Features for 16 Commercial Ave

    General Information

    Size
    75,220 SF
    Lot size
    3.63 Acres

    Source: Region Commercial Agent Ben Bolotin

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

    Overview

    Albany Warehouse and Distribution District

    Located in the heart of Albany’s Warehouse and Distribution District, this property offers approximately 75,220 square feet of space on roughly 3.63 acres. The location provides access to major highways, including I-90, I-787, and I-87, offering regional and interstate connectivity. Situated less than five miles from Downtown Albany and approximately ten miles from the Port of Albany, a key logistics hub for the Capital Region, the site benefits from proximity to rail lines, the Albany International Airport, and a dense labor market. The surrounding area includes a mix of industrial users, service businesses, and transportation providers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Upstate Elevator Co Inc, Allied Van Lines, Schaap Moving Systems

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8218453
    Latitude
    42.6979827

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    FAQs

    What type of property is this?
    Warehouse - 75,220 SF property in Albany's distribution district.
    Where is this warehouse located?
    The property is located at 16 Commercial Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: - Excellent access to major highways I-90, I-787, and I-87.; - Located in Albany’s Warehouse and Distribution District.; - Approximately 75,220 square feet in size.
    (413) 530-3215
    Request Owner's contact information
    16 Commercial Ave Albany, NY 12205
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    Albany, NY 12205
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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
    16 Commercial Ave Albany, NY 12205
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