3 Enterprise Dr, Albany, NY 12204
11,529 SF industrial building on 1.342 acres for sale.
- Added:
- Nov 19, 2025
- Days on Market:
- 229
- Last Refresh:
- May 13 at 12:11 am
Property Features for 3 Enterprise Dr
General Information
- Standard status
- Active
- Size
- 11,529 SF
- Lot size
- 1.34 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1991
Listing office CBRE - Albany (518) 452-2700
Listing date Nov 19, 2025
Source Crexi
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
HighLights
- +/- 11,529 SF Building on +/- 1.342 Acres
- Zoned I‑1, Light Industrial
- 52 Parking Spaces Available
- Features a Wet Pipe Sprinkler System
- Includes Generator, HVAC, ATS, and Fire Safety System
- Benefit from +/- 20’ Maximum Ceiling Height
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.8k | $16.20 |
| − Vacancy | −$12.7k | −$1.10 |
| EGI | $174.1k | $15.10 |
| − OpEx | −$52.2k | −$4.53 |
| NOI | $121.8k | $10.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7338534
- Latitude
- 42.6701758
