Property profile

2568 Western Ave Altamont, NY 12009

OFF-MARKET
Retail properties & Spaces
22,180 SF Built 1987
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Property summary

AI-generated overview

Carpenter Commons, located at 2568 Western Avenue in Altamont, NY (zip code 12009), offers exceptional office space for lease in Albany County. This two-story Class B building, constructed in 1987, totals 22,180 square feet and features a mix of retail and office space. Currently, there is 3,853 square feet of contiguous vacant space available, divisible into units as small as 1,456 square feet, offering flexibility for businesses of various sizes. The property boasts a convenient location at the intersection of Route 20 and Route 146, providing easy access to both Albany and Schenectady. Ample parking is available for tenants and their clients, with a total of 60 spaces provided on-site. Building amenities include one elevator, serving the two stories of the building. The property is ideal for businesses seeking a well-maintained, accessible, and conveniently located office space in a thriving commercial area. The multiple tenancy structure allows for a diverse and vibrant business community. This is a fantastic opportunity to establish or expand your business in a strategic location within Albany County. Inquire today to learn more about leasing options and availability.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1987
Total area 22,180 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Restaurant
  • Restaurant
  • Take-out & Catering
  • Insurance Agency

Location

2568 Western Ave Altamont, NY 12009
Altamont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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