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Warehouse Suite with Overhead Door
For Lease
$2,400/Mo

883 Broadway #5, Albany, NY 12207

Industrial zoning and the option to combine spaces allow for a larger connected layout.

Space Size3,600 SF
Property Size37,100 SF
Days on Market1585

Property Features for 883 Broadway #5

General Information

Standard status Active
Size 3,600 SF
Net Rentable 3,600 SF
Total Parking Spaces 20
Zoning Industrial

Space & Availability

Available Space 3,600 SF
Contiguous Space 3,600 SF

Additional Details

TI Allowance $2.00 /SF
Warehouse Space 3,600 SF

Taxes and HOA fees

Annual Taxes $37,100

Building Details

Building Size 37,100 SF
Year Built 1856
Buildings 1
Stories 3
Listing Agency: Hanna Commercial
Listed By: Karen A Wentz · License #10301220111
Source: Krutz-properties
Added: Jul 4, 2022 Changed: Nov 1 Last Checked: Nov 4 at 8:18AM

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 Hanna Commercial

Rey
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Investment Insights

Based on property information with market context.

This 3,600-square-foot warehouse suite has a 9-foot by 9-foot overhead door and Industrial zoning. The space is identified for warehouse, retail, or restaurant use, and may be connected with other spaces to create a larger contiguous area.

Key Highlights

  • 3,600 SF of warehouse space
  • 9' X 9' overhead door
  • Industrial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wallant Architecture Architect Community Cradle Community Center

Suggested Use

Top Pick Spa & Massage Center Skin Care Clinic Building Supply Nail Salon Garden Center Auto Repair Shop

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,493
Businesses Nearby
Balanced
Demand for This Use

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albany, NY

$7.73 /SF/Yr
Avg Asking Price
$1.97–$12 /SF/Yr
Price Range
34,966 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • AAA MOVING & STORAGE — 90 State St, Albany, NY 12204
  • Ritmo Room — 173 Spruce St, Albany, NY 12210
  • Adirondack Records Management — 45 Learned St, Albany, NY 12207
  • Otis Elevator Company — 20 Loudonville Rd, Albany, NY 12204

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial zoning and the option to combine spaces allow for a larger connected layout.
Where is this warehouse located?
The property is located at 883 Broadway #5 Albany, NY.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 3,600 SF of warehouse space; 9' X 9' overhead door; Industrial zoning
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