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    120 Broadway Menands, NY 12204

    Sponsored
    For Lease
    $8 SF/Yr ($15,334 /Mo)

    Executive suites, flexible layouts, ample parking.

    Lot size:
    22,304 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Menands, NY property at 120 Broadway offers a unique opportunity to lease office and/or storage space. The building, totaling approximately 22,304 square feet across two stories, is zoned BBD - Broadway Business District (APN 55.13-2-6). Multiple tenancy options are available, with a minimum divisible space of 594 square feet and a maximum contiguous space of 2,500 square feet. Currently, approximately 3,094 square feet of space is vacant. Specifically, there are two immediately available suites: one approximately 594 square feet on the second floor, and another approximately 2,500 square feet on the lower level, suitable for either office or storage use. The building provides convenient access and approximately 50 parking spaces. This versatile property is ideal for businesses seeking flexible and adaptable workspace in a thriving location. The address is 120 Broadway, Albany, NY 12204. Inquire today to explore the possibilities and secure your ideal space.

    Property Features for 120 Broadway

    General Information

    Property type
    Warehouses
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,304 SF
    Total Rate
    15334

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Lower Level
    Size
    2,500 SF
    Rate per SF
    $8
    Space
    Second Floor
    Size
    594 SF
    Rate per SF
    $12

    HighLights

    • ±2,500 SF of lower level office or storage space available.
    • ±594 SF office suite available, with combination options.
    • Ample parking with approximately 50 spaces.
    • One passenger elevator.
    • Gas hot air heating system.
    • Excellent location on Broadway (Route 32), a major north/south commuting route and business corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Budget Man Dumpsters ... Dump Truck Dealer The Law Office of James ... Criminal Justice Attorney Laurie Campito Law ... Attorney Jeffrey L Zimring ... Attorney Aurora, Inc. Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Menands
    County
    Albany
    State
    New York
    Longitude
    -73.7311601
    Latitude
    42.684451

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    Nearby Similar for Lease

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      Menands Office Space For Lease

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    FAQs

    What type of property is this?
    Warehouse - Executive suites, flexible layouts, ample parking.
    Where is this warehouse located?
    The property is located at 120 Broadway Menands, NY.
    What is the lease rate?
    The lease rate is $8-$12 SF/Yr.
    What are key features of this property?
    This property features: ±2,500 SF of lower level office or storage space available.; ±594 SF office suite available, with combination options.; Ample parking with approximately 50 spaces.
    Request Owner's contact information
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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
    120 Broadway Menands, NY 12204
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