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    401 New Karner Rd Albany, NY 12205

    • Office buildings
    • 27,203 SF
    • 1.60 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US63-3257845
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Infinity Med Solutions, LLC. / Medical Clinic / Educational Testing Service
    • Royal Brown / Social Worker
    • Kimberley Mathias / Social Worker
    • Detox Partners / Counselor / Mental Health Service
    • Tina Bode / Marriage Or Relationship Counselor

    Property Details for 401 New Karner Rd

    Year built
    1989
    Lot size
    1.60 lot acres
    Property size
    27,203 SF
    Zone code
    13
    Property type
    Office buildings
    APN
    012689 29.11-6-7.31
    APU
    1268929116731

    Description

    This exceptional Albany, NY office space at 401 New Karner Rd, located in Albany County, offers a diverse range of flexible workspace solutions. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for a variety of lease options to suit different company sizes and structures. The space is fully customizable, ranging from single-person offices to large-scale setups accommodating 100+ desks. Businesses can choose from fully furnished and equipped private offices, collaborative coworking areas, or easily bookable meeting rooms equipped with Wi-Fi and presentation technology. Virtual office options are also available, including mail handling and virtual assistant services. Flexible working plans provide access to a global network of workspaces, offering a range of options from daily access to long-term leases. The location in Albany, NY, zip code 12205, provides convenient access to local amenities and transportation. This property is ideal for businesses seeking adaptable and scalable office solutions to support their growth and operational needs. Whether your company requires a small, private office or a large, collaborative workspace, this location offers a tailored solution to meet your specific requirements. Inquire today to explore the various options and find the perfect workspace for your business.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8472
    Latitude
    42.7337
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $200,000
    $1,200,000
    $1,400,000
    -
    $392,157
    $2,352,943
    $2,745,100

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    Albany, NY 12205
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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
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