1707 Central AveColonie, NY 12205

Property Details for 1707 Central Ave

Year built

1975

Lot size

0.76 AC

Property size (Sq ft)

7,220 SF

Zone code

45

Property type

Office properties

Property subtype

Office buildings

APN

012601 29.19-4-1

APU

12601291941

Description

This exceptional executive office space, located at 1707 Central Ave in Colonie, NY, offers a unique opportunity for businesses seeking a prestigious address within Albany County. The property, built in 1975, boasts a total of 7,220 square feet, with 870 square feet currently available for lease. This space is perfect for a variety of executive office needs. The building features a multiple tenancy structure, ensuring a diverse and professional environment. The expansive 76-acre lot provides ample space and privacy. Parking is abundant, with plenty of private spaces available for tenants and their guests. The property is conveniently located in Albany County, offering easy access to major transportation routes and amenities. This is an ideal location for businesses seeking a blend of professional ambiance, ample space, and convenient access to the vibrant Albany area. The property's address is 1707 Central Ave, Colonie, NY 12205. The property type is office, specifically an executive office suite. Don't miss this chance to secure your ideal workspace in this highly desirable location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,793,560

  6.5%

  $1,655,594

  7%

  $1,537,337

• Comparable approach

  Method

  Valuation

  Relative Method

  $949,706

  Geo Method

  $943,365

• Alternative Use

  Use

  Valuation

  Residential

  $2,052,936

  Hospitality

  $1,880,479

  Educational

  $1,564,536

  Medical

  $1,618,343

  Retail

  $2,433,723

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.7245

Longitude

-73.8398

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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