Multi-Tenant Office
For Sale
$7,500,000
5 Columbia Circle, Albany, NY 12203
Class B+ multi-tenanted office building with a wet sprinkler system, elevator access, and onsite loading dock.
Property Size57,035 SF
Price / SF$131.50
Days on Market31
Property Features for 5 Columbia Circle
General Information
Standard status
Active
Size
57,035 SF
Property subtype
Office
Listing Agency:
CBRE | Albany
(518) 429-6175
Listed By:
Laurie Tylenda · License #Associate Real Estate Broker
(518) 429-6175
Source:
Cbre
Added: Jul 17
Changed: Jul 23
Last Checked: Aug 16 at 4:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Albany
Investment Insights
Based on property information with market context.
Class B+ multi-tenanted office building totaling 48,972 SF, plus a partial basement that is sprinklered and served by the elevator for storage. The offering also references 8,035 SF of storage space that is not included in the building’s square footage total. The building features a wet sprinkler system, including the basement, and includes two tenants.
Property amenities include parking for 228 vehicles and one loading dock. There is also one passenger elevator. A catered cafe is available for all tenants at 7 Columbia Circle.
Operational conveniences include easy access to UPS, USPS, and FedEx drop boxes, along with access to CDTA transportation.
Property amenities include parking for 228 vehicles and one loading dock. There is also one passenger elevator. A catered cafe is available for all tenants at 7 Columbia Circle.
Operational conveniences include easy access to UPS, USPS, and FedEx drop boxes, along with access to CDTA transportation.
Key Highlights
- 48,972 SF Class B+ multi‑tenanted office building with a partial basement
- Wet sprinkler system throughout; basement is sprinklered and served by the elevator
- Onsite parking for 228 vehicles plus one passenger elevator and one loading dock
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Explore this area
Business Placement
Demographics for 12203, NY
28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class B+ multi-tenanted office building with a wet sprinkler system, elevator access, and onsite loading dock.
Where is this office building located?
The property is located at 5 Columbia Circle 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: 48,972 SF Class B+ multi‑tenanted office building with a partial basement; Wet sprinkler system throughout; basement is sprinklered and served by the elevator; Onsite parking for 228 vehicles plus one passenger elevator and one loading dock
