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    17 Erie St Albany, NY 12204

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    For Lease
    Contact for pricing

    Spacious renovated warehouse, ideal for various uses.

    Lot size:
    5,273 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,273-square-foot property, located at 17 Erie Street in Albany County, presents a unique opportunity for businesses seeking a versatile space. The single-tenant building, constructed in 1940 and recently renovated, seamlessly blends office and warehouse functionality. The 1-story structure boasts a substantial 4,273 square feet of warehouse space complemented by 1,000 square feet of executive office space. High ceilings, measuring 14 feet, provide ample vertical space, while three ground-level dock-high doors ensure easy access for equipment and deliveries. The property features a generous 0.46-acre lot, including a fenced yard and an additional side yard available for lease at a separate monthly rate of $1,775. Ample parking is provided with 50 spaces. The building benefits from robust power, including 400+ amp service and three-phase power, making it suitable for a wide range of industrial and commercial operations. Its convenient location offers easy access to Broadway, downtown Albany, and Route 787, enhancing its appeal and accessibility. The property's APN is 010100 66.37-1-50. This property is perfect for businesses needing both office and warehouse space, with its strategic location and excellent features.

    Property Features for 17 Erie St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,273 SF

    Building Details

    Year Built
    1940
    Stories
    1

    Unit(s) available at that property

    Space
    Available space
    Size
    5,273 SF

    HighLights

    • Office/Industrial property totaling 5,273 square feet.
    • Single‑tenant occupancy, fully vacant.
    • 0.46‑acre lot in Albany County, NY.
    • Built in 1940, one‑story building with 14‑foot ceiling height.
    • Three dock‑high doors, 50 parking spaces, and 400+ amp, three‑phase power.
    • APN: 010100 66.37‑1‑50.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -73.7374374
    Latitude
    42.6706125

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    FAQs

    What type of property is this?
    Distribution property - Spacious renovated warehouse, ideal for various uses.
    Where is this distribution property located?
    The property is located at 17 Erie St Albany, NY.
    What are key features of this property?
    This property features: Office/Industrial property totaling 5,273 square feet.; Single-tenant occupancy, fully vacant.; 0.46-acre lot in Albany County, NY.
    Request Owner's contact information
    17 Erie St Albany, NY 12204
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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
    17 Erie St Albany, NY 12204
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