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    Multi-Tenant Office Building For Sale
    Updated: Sep 25, 2025
    Multi-Tenant Office Building For Sale

    5 Columbia Circle, Albany, NY

    $7,500,000
    49,000 sqft
    Well‑maintained and upgraded building with newer HVAC and roof.
    +/-49,000 RSF multi‑tenant office building in a professional campus.
    Convenient location central to highways and retail.
    +/-8,035 SF of basement storage, sprinklered and elevator‑serviced.
    Key FOB access for enhanced security.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5 Columbia Circle, Albany, NY,

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $671K
      Annual

    • Price @ 7% Cap

      $9.58M
      Above asking

    • Last Sold

      Aug 2015
      $6.11M

    • Property Type

      Office Building
      Built 1993
    View Property Analytics
    Mixed-Use Office and Apartment
    Updated: Jun 15
    Mixed-Use Office and Apartment

    1032 Central Avenue, Albany, NY 12205

    $475,000
    1,721 sqft 0.31 AC lot
    Brick mixed‑use building built in 1932 with office space on the first floor and an apartment above
    Natural gas hot water heating; wall unit cooling
    Public water and public sewer service
    Shingle roof
    Approximately 15 on‑site parking spaces
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    Medical Office Space with Gated Parking
    Medical Office Space with Gated Parking

    854 Madison Avenue, Albany, NY 12208

    $429,900
    4,984 sqft 0.09 AC lot

    Two-level facility offers private rooms, reception space, conference area, and multiple bathrooms.

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    Brick Office Building with Annex
    Brick Office Building with Annex

    255 Lark Street, Albany, NY 12210

    $449,000
    2,824 sqft 0.11 AC lot

    Office property with a detached rear annex, central air, and on-site parking for professional or creative users.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multi-Tenant Office Building
    Multi-Tenant Office Building

    5 Columbia Circle, Albany, NY 12203

    $7,500,000
    57,035 sqft

    Class B+ multi-tenanted office building with a wet sprinkler system, elevator access, and onsite loading dock.

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    Office Building with Conversion Potential
    Office Building with Conversion Potential

    519 Clinton Avenue, Albany, NY 12206

    $270,000
    3,376 sqft 0.26 AC lot

    Office building with approximately 3,376 square feet on a 0.26-acre lot, offering use flexibility and redevelopment options.

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    Fully Leased Office Building
    Fully Leased Office Building

    14 Computer Drive East, Colonie, NY 12205

    $1,125,000
    15,315 sqft 0.89 AC lot

    Two-story, 15,315 SF office building in Colonie, NY for sale.

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    Religious and Community Office Complex
    Religious and Community Office Complex

    181 Western Avenue, Albany, NY 12203

    $1,550,000
    45,000 sqft 1.85 AC lot

    Large assemblage of buildings on Western Avenue, currently used as a religious institution and supporting offices and community uses.

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    Mixed-Use Office Building
    Mixed-Use Office Building

    1032 Central Avenue, Albany, NY 12205

    $475,000
    1,721 sqft

    Two-story building with a ground-floor office and an apartment above, supported by on-site parking for occupants.

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    Two-Building Office Property
    Two-Building Office Property

    146 State Street, Albany, NY 12207

    $10,899,000
    104,535 sqft

    Two office buildings offer a substantial combined footprint with central air and an on-site parking garage.

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    Downtown Albany Office Buildings
    Downtown Albany Office Buildings

    145 State Street, Albany, NY 12207

    $10,899,000
    104,535 sqft

    Two office buildings with a parking garage and substantial existing occupancy serve a range of commercial space needs.

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    Single-Story Mixed-Use Building For Sale
    Single-Story Mixed-Use Building For Sale

    8 Mountain View Avenue, Albany, NY

    $755,000
    10,944 sqft

    Single-story mixed-use building featuring office and warehouse space.

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    Single Story Office For Sale
    Single Story Office For Sale

    19 Aviation Road, Albany, NY

    $997,500
    1,430 sqft

    Single-story office building with leasing opportunities near Wolf Road.

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    Office Building
    Office Building

    519 Clinton Ave, Albany, NY 12206

    Contact for pricing
    3,266 sqft 0.26 AC lot

    Currently configured for continued professional use with redevelopment and multifamily conversion potential.

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    Albany Office Building For Sale
    Albany Office Building For Sale

    10 Russell Road, Albany, NY

    $3,900,000
    45,000 sqft

    Fully leased, renovated 3-story office building in Albany's commercial district.

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    Office/Retail Building with Parking
    Office/Retail Building with Parking

    145 Central Avenue, Albany, NY 12206

    Contact for pricing
    34,132 sqft

    Office and retail building offering an improved first floor and lower-level storage with on-site parking.

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    Leased Two-Story Office Building
    Leased Two-Story Office Building

    10 Airline Drive, Albany, NY 12205

    Contact for pricing
    64,361 sqft

    Two-story office building with 100% leasing to a single tenant through February 28, 2031.

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    Renovating Office Building
    Renovating Office Building

    3 Marcus Boulevard, Albany, NY 12205

    Contact for pricing
    31,960 sqft

    Office building for sale or lease undergoing structural renovations and corrections for continued operational use.

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    Two-Story Professional Office Building
    Two-Story Professional Office Building

    24 Aviation Rd, Albany, NY 12205

    Contact for pricing
    29,282 sqft 1.60 AC lot

    Two-story block construction office building with about 70 parking spaces on 1.6 acres.

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    Class B Multi-Tenant Office Building
    Class B Multi-Tenant Office Building

    32 Russell Rd, Colonie, NY 12206

    Contact for pricing
    65,309 sqft 2.82 AC lot

    Multi-tenant office building with a passenger elevator, 246 parking spaces, and a 2024 roof, offered for sale.

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    Multi-Building Office Property
    Multi-Building Office Property

    255 Lark St, Albany, NY 12210

    $449,000
    2,824 sqft

    Well-maintained office property with a main building and detached rear annex plus on-site parking for five vehicles.

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    Freestanding Office Building
    Freestanding Office Building

    13 Airline Dr, Albany, NY 12205

    Contact for pricing
    27,000 sqft 9.47 AC lot

    Office building on a 9.47-acre parcel near Albany Airport, offering a platform for future expansion.

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    Renovated Office Building
    Renovated Office Building

    14 Computer Dr, Albany, NY 12205

    Contact for pricing
    11,256 sqft

    Gut-renovated office building currently 100% occupied, with vacant adjacent tax parcel included.

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    Two-Story Office Building
    Two-Story Office Building

    10B Airline Drive, Albany, NY 12205

    Contact for pricing
    64,361 sqft

    Two-story office building leased to a single tenant through February 28, 2031.

    View details

    Colonie, NY Office Buildings Market Trends and Statistics

    Explore 59 office buildings for sale in Colonie, NY, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 1,131,176 square feet of properties for sale, with an estimated market value of $53,700,300.

    Sale prices for office properties in Colonie, NY start at $270,000, averaging $2,826,331, and reaching up to $10,899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 33
    Office Units 23
    Coworking space 1
    Medical Office Space 1
    Serviced offices 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) -4.3%
    Median Household Income $84,320
    College Educated 66.4%

    High-Yield Neighborhoods for Investment

    Identify Colonie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Albany - 12205 $1.1M

    Listings Trend

    New vs delisted commercial listings in Albany County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Albany County

    Retail

    Office

    Residential Income

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    Most Searched ZIP Codes in Colonie, NY

    • 12205
    • 12203
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