197 Broad St Albany, NY 12202-1146

Property Details for 197 Broad St

Year built

1965

Lot size

0.74 lot acres

Property size

4,000 SF

Zone code

CM

Property type

Warehouses

APN

010100 76.72-2-37

APU

101007672237

Description

This exceptional industrial property, totaling 9,800 square feet, presents a rare opportunity in Albany, New York. Located just three minutes south of downtown, this campus-style property boasts a highly desirable location adjacent to the Port of Albany, I-787 Interchange, Dunn Memorial Bridge, and Route 32. The 0.74-acre lot is fully fenced for enhanced security. The property comprises three buildings: Building #1 offers 4,000 square feet, including 2,600 square feet of newly renovated office space featuring a reception area, multiple offices, a kitchenette, restrooms, and a conference room. It also includes a 1,200 square foot unheated shop area with two 12x12 overhead doors and an exhaust system. Building #2 is a 4,000 square foot unheated warehouse with a 2,400 square foot mezzanine, a small office, and one 12x12 overhead door. Building #3 is a 1,800 square foot unheated warehouse with a 600 square foot mezzanine and one 12x12 overhead door. The property features a total of four dock-high doors, 16-foot ceiling heights (18' in Building #2, 14' in Building #3), and 200 amp/120-volt 3-phase power. Built in 1967 and renovated in 2021, this Class B property is zoned for industrial use and is perfect for owner-occupants or investors seeking a strong return. The asking price is $900,000, representing a price per square foot of $91.84.

Location Insight

City

Albany

County

Albany

State

New York

Longitude

-73.7626

Latitude

42.6362

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments