3 Marcus Boulevard, Albany, NY 12205

Building Details

Year Built

1990

Listing agent Dan Simpson License #NY 30SI0855145

Listing office CBRE - Albany d***@cbre-albany.com Show Phone

Listing date May 28, 2026

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

Report an issue

---

Overview

This offering consists of a multi-tenant office building with approximately 31,960 square feet of space. The property is currently undergoing structural renovations and corrections, indicating active work to address building integrity and related components.

The building is located within the town of Colonie. It is being offered for sale or lease, providing flexibility for buyers seeking an office asset in renovation and for tenants looking for space coming through ongoing improvements.

For office users and investors, the current renovation work may support a long-term plan to bring the building toward stabilized operations. Interested parties should factor the construction scope into their timing and due diligence, including how the renovation schedule could affect move-in readiness, while evaluating the finished condition for suitability to their specific office requirements.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Albany

County

Albany

State

New York

Longitude

-73.7980574

Latitude

42.7219416

Nearby Similar for Sale

• 

  $1,700,000

  5,400 SF

  Iconic Albany Restaurant and Pub

  A legacy business in Albany's vibrant entertainment district.

  4 Clinton Square, Albany, NY 12207

  View Details
• 

  $149,999

  6,384 SF

  Established Delicatessen Business For Sale

  Turn-key delicatessen business with equipment and high traffic exposure.

  718 Central Avenue, Albany, NY 12206

  View Details
• 

  $1,500,000

  16,420 SF

  Automotive Service Business for Sale

  Established heavy-duty truck suspension business offered with FF&E and inventory, alongside potential real estate options.

  368 Central Avenue, Albany, NY 12206

  View Details
• 

  $2,450,000

  16,420 SF

  Automotive Service and Workshop

  For-sale package combining real estate with an established heavy-duty truck suspension service business.

  368 Central Avenue, Albany, NY 12206

  View Details
• 

  $449,000

  2,824 SF

  Albany Office with Parking

  Well-maintained office property in Albany's Lark Street district.

  255 Lark Street, Albany, NY 12210

  View Details
• 

  $799,000

  7,728 SF

  Albany Flex Industrial Building

  7728 SF flex industrial building for contractors or distribution.

  334 Ontario Street, Albany, NY 12208

  View Details
• 

  $429,900

  4,984 SF

  Flexible Office Building with Gated Parking

  Gated, asphalt-paved parking and an office-ready layout with multiple private rooms, reception, and conference space.

  854 Madison Avenue, Albany, NY 12208

  View Details
• 

  $449,900

  3,300 SF

  Mixed-Use Property in Center Square

  Mixed-use property with commercial space and residential apartments in Albany.

  418 Madison Avenue, Albany, NY 12210

  View Details
• 

  $995,000

  13,200 SF

  Historic Church and Parish Hall

  Historic Albany church and hall, ideal for gatherings and events.

  820 Madison Avenue, Albany, NY 12208

  View Details
• 

  $60,000

  13,894 SF

  Bubble Tea Shop Opportunity

  Fully operational bubble tea shop with loyal customer base.

  260 Osborne Road, Albany, NY 12211

  View Details
• 

  $999,000

  43,520 SF

  Versatile Commercial Property on Central Avenue

  Remarkable 43,520 sq ft commercial property with diverse spaces.

  233 Central Avenue, Albany, NY 12206

  View Details
• 

  $2,600,000

  25,530 SF

  Mixed-Use Building with Retail Frontage

  Completely renovated income property with 14 apartments and a street-front retail space, plus unfinished basement storage and expansion space.

  260 Washington Avenue, Albany, NY 12210

  View Details

FAQs

What type of property is this?

Office building - Office building for sale or lease undergoing structural renovations and corrections for continued operational use.

Where is this office building located?

The property is located at 3 Marcus Boulevard Albany, NY.

What is the asking price?

The asking price for this property is $2,077,000.

What are key features of this property?

This property features: 31,960 SF office building in the town of Colonie; Year built: 1990; Currently undergoing structural renovations and corrections for continued operational use