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    100 Broderick St Albany, NY 12205

    Sponsored
    For Sale
    $1,422,000

    Prime Albany location, 57 acres, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 57-acre development opportunity is situated in a prime Albany location, offering unparalleled access to major transportation arteries and industrial hubs. Neighboring the prominent Colonie Industrial Park and just blocks from Central Avenue, this site boasts convenient access to the region's busiest highways. It's a mere two miles from the intersection of the New York State Thruway and Interstate 87, and only three miles from Albany International Airport. The property comprises four parcels; three are located within the Village of Colonie and zoned Conservational Residential/Industrial, while one parcel in the Town of Colonie is zoned Industrial. The total acreage is approximately 57 acres, with 14.22 acres considered non-protected. A small, vacant single-family home situated on one parcel is excluded from this sale but may be available for separate negotiation. Detailed survey and feasibility maps are available upon request. This unique offering presents a compelling investment prospect for developers seeking a strategically positioned site with significant potential for various commercial and industrial uses. The address is 96 & 100 Broderick Street, Albany, NY 12205.

    Property Features for 100 Broderick St

    General Information

    Property type
    Land
    Lot Size
    2,482,920 SF

    HighLights

    • $1,422,000 asking price.
    • 57‑acre land parcel.
    • Commercial and Industrial zoning (Conservational Res./Ind.).
    • Albany, NY location near Colonie Industrial Park, major highways, and Albany International Airport.
    • Four parcels; three zoned Conservational Residential, one Industrial. Approximately 14.22 acres are non‑protected.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.850847
    Latitude
    42.719043

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    FAQs

    What type of property is this?
    Land - Prime Albany location, 57 acres, development potential.
    Where is this land located?
    The property is located at 100 Broderick St Albany, NY.
    What is the asking price?
    The asking price for this property is $1,422,000.
    What are key features of this property?
    This property features: $1,422,000 asking price.; 57-acre land parcel.; Commercial and Industrial zoning (Conservational Res./Ind.).
    Request Owner's contact information
    100 Broderick St 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
    100 Broderick St Albany, NY 12205
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