Campus Office
19 British American, Colonie, NY 12110
For Sale
Contact for pricing
Flexible workspace with on-site parking is available in a corporate office setting.
Property Size76,664 SF
Price / SF$0.00
Days on Market224
Property Features for 19 British American
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
British American Realty LTD
(518) 786-6000
Listed By:
Christopher P Conners · License #31CO1136608
(518) 466-7665
Source:
Simplywoodardrealestate
Added: Mar 31
Changed: Nov 9
Last Checked: Nov 8 at 3:50PM
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 British American Realty LTD
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office space at British American’s Airport Park campus totals 76,664 square feet. The property was built in 1988 and offers adaptable layouts and on-site parking in a maintained corporate environment.
The Colonie campus is minutes from I-87 (Northway), Albany International Airport, Galleria 7, Route 7 amenities, and the Wolf Road corridor.
The Colonie campus is minutes from I-87 (Northway), Albany International Airport, Galleria 7, Route 7 amenities, and the Wolf Road corridor.
Key Highlights
- 76,664 square feet of office space
- Built in 1988
- Flexible office layouts with on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,049,247
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,984,940
$21.0M
Cap Rate 7%
$14,989,243
$15.0M
Cap Rate 9%
$11,658,300
$11.7M
Market Conditions
NOI Build-Up for 76,664 SF
Gross rent
$1.70M $22.20/SF
− Vacancy
−$302.9K −$3.95/SF
EGI
$1.40M $18.25/SF
− OpEx
−$349.7K −$4.56/SF
NOI
$1.05M $13.69/SF
Area
Albany, NY
Vacancy
17.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,984,940
Cap Rate 7%
$14,989,243
Cap Rate 9%
$11,658,300
Alternative Uses
Best Use
Office B
$14.99M
$13.12M – $17.49M
NOI $1,049,247 @ 7.0% cap · market cap 5,522,352.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.23M
$17.70M – $23.60M
NOI $1,415,831 @ 7.0% cap · market cap 7,451,742.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
Explore this area
Business Placement
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Albany County, NY
Properties on Market for Office Units in Albany County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible workspace with on-site parking is available in a corporate office setting.
Where is this office unit located?
The property is located at 19 British American Colonie, NY.
What are key features of this property?
This property features: 76,664 square feet of office space; Built in 1988; Flexible office layouts with on‑site parking
