Office Building with Prominent
New
For Sale
Contact for pricing
2113 Western Ave, Guilderland, NY 12084
The building can be divided, accommodating office users seeking a smaller space within a larger property.
Property Size19,000 SF
Price / SF$0.00
Days on Market3
Property Features for 2113 Western Ave
General Information
Standard status
Active
Size
19,000 SF
Property subtype
Commercial
Building Details
Year Built
1976
Buildings
1
Building Size
19,000 SF
Listing Agency:
Continuum Commercial Realty
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:14AM
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 Continuum Commercial Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 18,270-square-foot office building was constructed in 1976 and is available for division, offering flexibility in how the office space is configured.
The property is located at 2113 Western Ave in Guilderland, New York, with prominent signage visibility.
The property is located at 2113 Western Ave in Guilderland, New York, with prominent signage visibility.
Key Highlights
- 18,270‑square‑foot office building
- Space can be divided
- Prominent signage visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$282,162
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,643,240
$5.6M
Cap Rate 7%
$4,030,886
$4.0M
Cap Rate 9%
$3,135,133
$3.1M
Market Conditions
NOI Build-Up for 18,270 SF
Gross rent
$482.3K $26.40/SF
− Vacancy
−$106.1K −$5.81/SF
EGI
$376.2K $20.59/SF
− OpEx
−$94.1K −$5.15/SF
NOI
$282.2K $15.44/SF
Area
Albany County, NY
Vacancy
22.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,643,240
Cap Rate 7%
$4,030,886
Cap Rate 9%
$3,135,133
Alternative Uses
Best Use
Office B
$4.03M
$3.53M – $4.70M
NOI $282,162 @ 7.0% cap · market cap 2,351,350.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.70M
$4.99M – $6.65M
NOI $399,073 @ 7.0% cap · market cap 3,325,608.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 12084, NY
4,658
Population
2,332
Households
2
Avg Household Size
37
Median Age
60%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
1,226
Density / Sq Mi
$86,968
Median Household Income
$56,875
Median Earnings
$1,589
Median Rent
$325,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - The building can be divided, accommodating office users seeking a smaller space within a larger property.
Where is this office units located?
The property is located at 2113 Western Ave Guilderland, NY.
What are key features of this property?
This property features: 18,270‑square‑foot office building; Space can be divided; Prominent signage visibility
