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Two-Story Office Building
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3 Marcus Blvd, Albany, NY 12205

Two-story office building offering flexible floor configurations and ample parking, currently undergoing renovations.

Property Size31,960 SF
Price / SF$65
Days on Market33

Property Features for 3 Marcus Blvd

General Information

Standard status Active
Size 31,960 SF
Total Parking Spaces 100
Elevators Yes
Property subtype OFFICE

Building Details

Buildings 1
Stories 2
Listing Agency: CBRE | Albany
Listed By: Dan Simpson · License #30SI0855145
Source: Moodyscre
Added: Jun 29 Changed: Jul 29 Last Checked: Jul 29 at 5:56PM

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

Investment Insights

Based on property information with market context.

This two-story office building offers many possible configurations for tenant or user layouts. The property is currently undergoing renovations, supporting a potential refresh of interior spaces to fit a wide range of office needs.

The building includes one passenger elevator and two staircases, providing vertical access for multiple floors. With approximately 31,960 SF of space and 1100 parking spaces on site, the property is designed to support both employee and visitor parking needs.

The combination of flexible configuration and current renovation work may be well suited for office tenants evaluating space that can be tailored to their operational requirements.

Key Highlights

  • Approximately 31,960 SF two‑story office building
  • 1100 parking spaces on site
  • One passenger elevator plus two staircases

Property Analytics

Current Use

Nicholas J Marino ... Insurance Agency Mark Lawson Antiques, ... (Bike/Boat/Book/etc) Store ADS Business Intelligence Accounting Software Company Integrated Financial Strategies Financial Advisor FedEx Drop Box Postal Service

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Building Supply Auto Parts Store Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building offering flexible floor configurations and ample parking, currently undergoing renovations.
Where is this office building located?
The property is located at 3 Marcus Blvd Albany, NY.
What is the asking price?
The asking price for this property is $2,077,500.
What are key features of this property?
This property features: Approximately 31,960 SF two‑story office building; 1100 parking spaces on site; One passenger elevator plus two staircases
(303) 260-4434 Call to check price and availability
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