Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Office buildings

    457 New Karner Rd, Albany, NY 12205-3821

    8,101 SF 0.95 ac lot Built 1985
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-3285381
    Property summary
    AI-generated overview

    This 8,100 square foot Class C executive office building is located at 457 New Karner Rd, Albany, NY 12205, situated along a main thoroughfare in Colonie with approximately 15,000 vehicles passing daily. Currently vacant, the property offers immediate occupancy and presents a compelling opportunity for either continued use as an office space or redevelopment. The existing building features a blend of open concept and private offices, complemented by a dedicated conference room. Ample parking is available on-site. The asking price is $427,000, translating to $52.72 per square foot. This property's prime location and flexible use potential make it an attractive investment for a variety of buyers. The building is ready for immediate occupancy and presents a unique opportunity to capitalize on a high-traffic location in a thriving area. Consider the potential for redevelopment to further enhance the property's value and functionality. The existing infrastructure provides a solid foundation for a variety of future uses. Don't miss this chance to acquire a strategically located commercial property in Albany, New York.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Total area 8,101 SF
    Lot 0.95 ac (41,382 SF)
    Zoning code 19
    APN 012689 29.2-1-35.2
    UPID US63-3285381
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 5280 Solutions (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rosewood Plaza LP · 1 yrs held
    Rosewood Plaza LP
    since 2025
    Last sale
    $301,000
    2 recorded transactions
    2025
    $301,000
    2006
    $690,000
    Zoning & alternative use
    19 · Albany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 457 New Karner Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message