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    19 Aviation Rd Albany, NY 12205

    Sponsored
    For Lease
    $15 SF/Yr ($15,621 /Mo)

    Prime Albany office space, two suites available.

    Lot size:
    12,094 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This single-story, 12,094 square foot office building is located at 19 Aviation Road in Albany County, New York, zip code 12205. The property offers a fantastic owner-user opportunity, situated conveniently off the Wolf Road corridor in Colonie. The building is currently configured for multiple tenants, with a total of 1,430 square feet of vacant space. Two smaller suites are immediately available, measuring approximately 680 and 750 square feet respectively. This presents a unique chance to acquire a stand-alone asset or incorporate it into a larger portfolio. The property's location provides excellent access to major transportation routes and amenities. The building's total square footage is 12,094 square feet. Serious inquiries are encouraged to explore this compelling investment opportunity further. Detailed financial information and property specifics are available upon request. This is a traditional office building suitable for a variety of businesses. The property is located at 42.7167351 latitude and -73.8047571 longitude.

    Property Features for 19 Aviation Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,094 SF
    Total Rate
    15621.42

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    680 SF
    Rate per SF
    $15
    Space
    Available Space 2
    Size
    750 SF
    Rate per SF
    $15

    HighLights

    • ±0.99‑acre site in Colonie, NY.
    • 12,094 SF single‑story office building built in 1972.
    • Parking for approximately 54 vehicles.
    • Cross easements available with adjacent properties (potential package deal).
    • Inground sprinkler system.
    • Two suites available for lease: ±680 SF and ±750 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kari Cook - Aflac ... Insurance Broker Cdysl Charity Unlimited Care Inc Home Health Care Service Ayelet Tours Tourist Information Center New York State ... State Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -73.8047571
    Latitude
    42.7167351

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Albany office space, two suites available.
    Where is this office property / space located?
    The property is located at 19 Aviation Rd Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: ±0.99-acre site in Colonie, NY.; 12,094 SF single-story office building built in 1972.; Parking for approximately 54 vehicles.
    Request Owner's contact information
    19 Aviation Rd Albany, NY 12205
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    Albany, NY 12205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Aviation Rd Albany, NY 12205
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