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    400 Patroon Creek Blvd Albany, NY 12206

    Sponsored
    For Lease
    Contact for pricing

    Prime Albany medical suites, 1,003-26,293 SF

    Lot size:
    180,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A medical office building, located at 400 Patroon Creek Blvd in Albany, NY 12206, offers 180,000 square feet of prime medical space. The building features six total suites, with 50,411 square feet currently available for lease. Individual suites range from a minimum of 1,003 square feet to a maximum contiguous space of 26,293 square feet, offering flexibility for various medical practices. The property is situated in Albany's Washington Avenue Medical Corridor, providing convenient access to major area hospitals and Albany International Airport (less than a 15-minute drive). The building benefits from its location within a thriving healthcare community, surrounded by a diverse range of local medical providers. Amenities include a convenient on-site café offering breakfast, lunch, and gourmet coffee, recently renovated common areas, and ample on-site parking. The property management team is proactive and professional. The landlord is willing to subdivide spaces and build to suit tenant requirements. This exceptional opportunity is ideal for medical practices seeking a well-appointed and strategically located space in Albany County, New York.

    Property Features for 400 Patroon Creek Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    180,000 SF
    Class
    A

    Unit(s) available at that property

    Space
    Suites 107 & 109 Can ne Combined
    Size
    5,232 SF
    Space
    Suite 107
    Size
    4,229 SF
    Space
    Suite 109
    Size
    1,003 SF
    Space
    Suite 2
    Size
    17,547 SF
    Space
    Suite 106
    Size
    1,339 SF
    Space
    Suite 205A
    Size
    26,293 SF

    HighLights

    • Excellent Washington Avenue location in Albany's medical corridor.
    • Easy access from I‑90 (Exit 4) via NY Route 85 and Washington Avenue.
    • Within 15 minutes of area hospitals and Albany International Airport.
    • High visibility with over 116,000 vehicles passing daily.
    • Surrounded by numerous healthcare providers.
    • On‑site café with breakfast, lunch, and gourmet coffee.
    Property Profile Location Intelligence

    Current Use by Public Records

    Calder Christopher MD Doctor Student Health Services Urgent Care Center LabCorp Medical Laboratory FedEx Drop Box Mailing Service Nischala Ammannagari, MD Oncologist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery 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
    -73.8031237
    Latitude
    42.6837497

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    FAQs

    What type of property is this?
    Medical office - Prime Albany medical suites, 1,003-26,293 SF
    Where is this medical office located?
    The property is located at 400 Patroon Creek Blvd Albany, NY.
    What are key features of this property?
    This property features: Excellent Washington Avenue location in Albany's medical corridor.; Easy access from I-90 (Exit 4) via NY Route 85 and Washington Avenue.; Within 15 minutes of area hospitals and Albany International Airport.
    Request Owner's contact information
    400 Patroon Creek Blvd Albany, NY 12206
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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
    400 Patroon Creek Blvd Albany, NY 12206
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