Mixed-Use Investment
For Sale
$3,199,000
9 WASHINGTON SQ, Albany, NY 12205
Combines residential occupancy with multiple commercial spaces and high-end interior finishes.
Property Size33,130 SF
Price / SF$96.56
Days on Market440
Property Features for 9 WASHINGTON SQ
General Information
Standard status
Active
Size
33,130 SF
Class
Class A+
Property subtype
Mixed Use
Additional Details
Cap Rate
9.4%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$66,111
Amenities
Central Air
3
Carpet
Rubber
Corner Lot.
90 Parking Spaces. Paved Driveway, Private.
68770
Corner, Clear lot.
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
Scott Film Realty, LLC
(518) 369-7654
Listed By:
Scott Film · License #49FI0903791
(518) 369-7654
Source:
Xome
Added: May 26, 2025
Changed: Aug 3
Last Checked: Aug 7 at 1:03AM
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 Scott Film Realty, LLC
Investment Insights
Based on property information with market context.
This 33,130-square-foot mixed-use property, built in 1985, combines residential occupancy with commercial space in a professionally finished building. The property includes 9 residential tenants and 6 commercial spaces, with central air and carpeted interior areas. High-end finishes and the stated 9.4% cap rate add to the asset’s investment profile.
The property occupies a corner lot at 9 Washington Sq in Albany, with a clear lot, paved private driveway, and 90 parking spaces. Its access profile includes connections to Rt 155, I90, and I87, as well as downtown Albany and the Nanotech Center. The combination of residential and commercial occupancy provides a diversified mixed-use configuration within one property.
The property occupies a corner lot at 9 Washington Sq in Albany, with a clear lot, paved private driveway, and 90 parking spaces. Its access profile includes connections to Rt 155, I90, and I87, as well as downtown Albany and the Nanotech Center. The combination of residential and commercial occupancy provides a diversified mixed-use configuration within one property.
Key Highlights
- 9.4% cap rate
- 33,130 SF mixed‑use property with residential and commercial occupancy
- 9 residential tenants and 6 commercial spaces
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines residential occupancy with multiple commercial spaces and high-end interior finishes.
Where is this mixed-use property located?
The property is located at 9 WASHINGTON SQ 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: 9.4% cap rate; 33,130 SF mixed‑use property with residential and commercial occupancy; 9 residential tenants and 6 commercial spaces
