Property summary
This 5,599 square foot office building at 455 New Karner Road in Albany, NY, is available for $266,000. Currently vacant, this Class C property offers a flexible layout suitable for various office uses, including executive, medical, or traditional office settings. The building features a healthy mix of open concept and private office spaces, complemented by two conference rooms, ample storage, updated kitchens in two separate areas, and multiple bathrooms. The property boasts over 30 dedicated parking spaces, a significant advantage in a high-traffic area. Located along a main thoroughfare with approximately 15,000 vehicles per day and 370 feet of frontage, this property enjoys high visibility and accessibility. Its zoning as Office Residential District allows for a wide range of redevelopment possibilities. Minutes from Central Avenue and surrounded by residential neighborhoods, this location offers both convenience and strong potential for future growth. The property is available immediately and priced to sell as-is. The building's existing infrastructure provides a solid foundation for immediate occupancy or a comprehensive redevelopment project.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
19 · Albany, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 19 in Albany, NY.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning