45 Prospect Ave, Albany, NY 12206
For Lease
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This exceptional 50,000-square-foot warehouse space is ideally situated in Albany, New York, offering unparalleled convenience with its strategic location off Interstate 90, Exit 5. The property is classified as a Class B industrial building and features a multi-tenant occupancy. The warehouse itself boasts ample space for storage and distribution needs. Beyond the expansive warehouse area, the property includes well-appointed office and conference spaces, providing a comfortable and professional environment for administrative functions. Loading and unloading operations are streamlined with five covered exterior truck docks, each equipped with hydraulic levelers for efficient material handling. For added flexibility, three additional dock doors are located on the opposite side of the building. This property presents a unique opportunity for businesses seeking a functional and strategically located warehouse space in the Albany area. The combination of convenient highway access, substantial warehouse space, and well-equipped office areas makes this an attractive option for a variety of industrial and logistical operations. One space is currently available for lease within this multi-tenant building in Albany County. Contact us today to learn more about leasing this prime industrial property.
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F S Marketing Services Advertising Agency Marketing & Advertising
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Hearing Aid Marketing Advertising Agency Marketing & Advertising
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Autopart International Auto Parts Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Albany, NYAlbany. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.