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251 NEW KARNER RD Unit 251, Albany, NY, 12205
Multi-Tenant Office Building

251 NEW KARNER RD Unit 251 Albany, NY 12205

For Sale
$1,199,000

Multi-tenant office building with updated HVAC, EDPM roof, and LED lighting, on public water.

Days on Market538

Property Features for 251 NEW KARNER RD Unit 251

General Information

Standard status
Active
Property subtype
Office

Building Details

Year Built
1982
Listing Agency: Scott Film Realty, LLC
Listed By: Scott Film · License #49FI0903791
Source: Xome
Added: Feb 1, 2025 Changed: Jul 22 Last Checked: Jul 23 at 4:07AM

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 Scott Film Realty, LLC


Investment Insights

Based on property information with market context.

This multi-tenant office building is For Sale and features an EDPM roof, updated HVAC units, and all LED lighting. The property is described as having well-established tenants.

The building is located on public water. The offering is identified with a 11.7% cap rate in the public remarks.

The combination of modern building systems and multi-tenant configuration is designed to support a straightforward operating profile for an investor or owner-occupant.

Key Highlights

  • Multi‑tenant commercial office building with well‑established tenants
  • 11.7% cap rate (per listing remarks)
  • Updated HVAC units with central air and all LED lighting

Property Analytics

Location Intelligence

Current Use by Public Records

Karner Blue Marketing ... Advertising Agency George Communications Marketing & Advertising Venture Inward Center Spiritual Center Opus Virtual Offices Real Estate Agency

Suggested Use

Real Estate Agency Parking Lot & Garage Garden Center Restaurant Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop Furniture & Home Goods

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

FAQs

What type of property is this?
Office building - Multi-tenant office building with updated HVAC, EDPM roof, and LED lighting, on public water.
Where is this office building located?
The property is located at 251 NEW KARNER RD Unit 251 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: Multi‑tenant commercial office building with well‑established tenants; 11.7% cap rate (per listing remarks); Updated HVAC units with central air and all LED lighting
More about this property
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