9 Washington Square, Albany, NY 12205

Building Details

Year Built

1985

Listing agent SCOTT M FILM

Listing office SCOTT FILM REALTY, LLC s***@scottfilm.com Show Phone

Listing date May 31, 2025

Source Corcoran

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Overview

This mixed-use property features both residential and commercial tenants. The Class A+ office building is in superior condition with high-end finishes. The property has a professional tenant mix and solid leases, generating great cash flow. It offers easy access to Route 155, I-90, I-87, downtown Albany, and the Nanotech Center. The property consists of 9 residential units and 6 commercial spaces. The capitalization rate is 9.5%. The property size is 33130 square feet. The current owner may consider holding a second mortgage if retained as the building manager.

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Pharmacy

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

Location Insight

• Map
• Local Demand

City

Albany

County

Albany

State

New York

Longitude

-73.8673

Latitude

42.7122

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property featuring residential and commercial tenants, great cash flow.

Where is this mixed-use property located?

The property is located at 9 Washington Square Albany, NY.

What is the asking price?

The asking price for this property is $3,199,000.

What are key features of this property?

This property features: High 9.5% CAP Rate; Mixed‑Use Property (Residential and Commercial); Class A+ Office Building with High‑End Finishes