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    14 Commercial Ave Albany, NY 12205

    Sponsored
    For Lease
    $6 SF/Yr

    ±32,119 SF Industrial Space for Lease

    Lot size:
    43,829 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±43,829 square foot industrial warehouse in Colonie, NY, offers a ±32,119 square foot space currently available for lease. The single-story building features a ceiling height ranging from 16 to 20 feet, providing ample vertical space. Loading capabilities include one 14-foot overhead grade-level door, one 8x8-foot loading dock, and a three-spot loading dock canopy with levelor. The property also boasts an in-place racking system with shelving, ideal for storage and organization. Additional features include 25 total parking spaces, one drive-in door, and a robust power supply of 208 amp/800 volt/3-phase power. The building benefits from recent upgrades, including a new roof (2011), an updated warehouse heater, LED lighting, a wet sprinkler system, and a security and fire alarm system. Dual feed fiber and BIG ASS™ fans further enhance the property's functionality and efficiency. The property is zoned industrial and has an APN of 53.5-4-21. This well-maintained, clean space presents a significant opportunity for businesses seeking efficient and modern warehouse facilities. The available space includes approximately 29,819 square feet of warehouse space and 2,300 square feet of office space.

    Property Features for 14 Commercial Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,829 SF
    Total Rate
    25384.3

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    32,119 SF
    Rate per SF
    $6

    HighLights

    • 43,829 SF industrial warehouse for lease in Colonie, NY.
    • Approximately 31,984 SF of vacant space available.
    • Single‑story building with 16‑20' ceiling height.
    • Features four dock‑high doors, one drive‑in door, and one grade‑level overhead door.
    • 25 total parking spaces.
    • Equipped with 208 amp/800 volt/3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Steam Plant and CHX ... Power Plant Equipment Supplier Albany Medical Center ... Hospital Department ETO Planet Power Plant Equipment Supplier CHX Condensing Heat ... Machine Shop Steam Plant and CHX ... Electronics Store

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Auto Repair Shop Wholesale 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
    -73.8229755
    Latitude
    42.6973542

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    FAQs

    What type of property is this?
    Distribution property - ±32,119 SF Industrial Space for Lease
    Where is this distribution property located?
    The property is located at 14 Commercial Ave Albany, NY.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 43,829 SF industrial warehouse for lease in Colonie, NY.; Approximately 31,984 SF of vacant space available.; Single-story building with 16-20' ceiling height.
    Request Owner's contact information
    14 Commercial Ave 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
    14 Commercial Ave Albany, NY 12205
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