Property profile

1707 Central Ave Albany, NY 12205

OFF-MARKET
Office buildings
Property ID
US63-2565462
7,220 SF 0.76 ac lot Built 1975
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Total area 7,220 SF
Lot 0.76 ac (33,106 SF)
Zoning code 45
APN 012601 29.19-4-1
UPID US63-2565462

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
  • Law Firm
  • Law Firm
  • Law Firm
  • Foster Care Service Social Service Agency
  • Law Firm

Location

1707 Central Ave Albany, NY 12205-4085
Albany metro Census 13902 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2024
2 recorded transactions
2024
$825,000
1969
Price N/A

Zoning & alternative use

45 · Albany, NY

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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