251 New Karner Rd, Albany, NY 12205

Listing office Scott Film Realty, LLC s***@scottfilm.com Show Phone

Listing date May 30, 2025

Source Exprealty

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Overview

This multi-tenant office building features an EDPM roof, updated HVAC units, and all LED lighting. The property is located on public water. The building is fully occupied with well-established tenants and has a cap rate of 11.7%.

Suggested Use

Restaurant Real Estate Agency Bar & Pub Garden Center Electronics & Wireless Store Grocery & Convenience Store Parking Lot & Garage Car Rental Facility Hair Salon Barber Shop

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

Location Insight

• Map
• Local Demand

City

Albany

County

Albany

State

New York

Longitude

-73.8636

Latitude

42.7215

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FAQs

What type of property is this?

Office building - Multi-tenant office building with established tenants and updated systems.

Where is this office building located?

The property is located at 251 New Karner Rd Albany, NY.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: 11.7% CAP Rate makes this a lucrative investment opportunity.; Multi‑Tenant Office Building offers diversified income potential.; Well Established Tenants provide stable cash flow.