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    250 Washington Avenue Ext Albany, NY 12203

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Albany location, flexible suites available

    Lot size:
    25,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office property at 250 Washington Ave Ext, Albany, NY 12203, offers a total of 25,000 square feet across two stories. The building is situated in the Corporate Plaza office park and features two suites available for lease

    Property Features for 250 Washington Avenue Ext

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,000 SF
    Total Rate
    36458.33

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    9,285 SF
    Rate per SF
    $17
    Space
    Available Space 1
    Size
    5,448 SF
    Rate per SF
    $17

    HighLights

    • Professionally managed building with on‑site ownership.
    • Recently updated common areas.
    • High‑visibility signage.
    • Attractive landscaping and ample parking.
    • Parking for approximately 100 vehicles.
    • One passenger elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Milliman Life Insurance Agency Affordable Dentures Albany Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.860219594026
    Latitude
    42.704847715577

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    FAQs

    What type of property is this?
    Medical office - Prime Albany location, flexible suites available
    Where is this medical office located?
    The property is located at 250 Washington Avenue Ext Albany, NY.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Professionally managed building with on-site ownership.; Recently updated common areas.; High-visibility signage.
    Request Owner's contact information
    250 Washington Avenue Ext Albany, NY 12203
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    Albany, NY 12203
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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
    250 Washington Avenue Ext Albany, NY 12203
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