500 Patroon Crk Blvd Albany, NY 12206-5006
Property profile & analytics
500 Patroon Crk Blvd Albany, NY 12206-5006
- Office buildings
- 160,512 SF
- 10.80 lot acres
Property ID
US63-6195810
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Alcoholics & Narcotics / Medical Clinic
- SemaConnect Charging Station / Electric Vehicle Charging Station
- Blink Charging Station / Electric Vehicle Charging Station
Property Details for 500 Patroon Crk Blvd
- Year built
- 2000
- Lot size
- 10.80 lot acres
- Property size
- 160,512 SF
- Zone code
- CO
- Property type
- Office buildings
- APN
- 010100 53.00-1-12
- APU
- 101005300112
Description
This exceptional Class A, 180,000-square-foot executive office building is strategically located on Albany's Washington Avenue Medical Corridor, offering unparalleled visibility and accessibility. Situated near Exit 4 of I-90 and Washington Avenue, it benefits from over 116,000 cars passing daily, with prominent signage rights available. The property boasts a wealth of amenities including a large on-site cafeteria with a commercial kitchen, a fully equipped fitness center complete with locker rooms and showers, and approximately 1,100 parking spaces (a 6:1000 sq ft ratio). Further enhancing its appeal is a +/- 4,500 square foot data center. The building features a boardroom, multiple conference rooms, private offices, and open workspaces. Priced significantly below replacement cost, this property presents a compelling investment opportunity. Its flexible design allows for easy subdivision and adaptation to multi-tenant occupancy, making it suitable for a variety of uses and potential tenants. The location provides convenient access to Albany International Airport, within 15 minutes. The building is ready for immediate occupancy and offers a build-to-suit option. Asking price is $12,600,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,030,000
Market price range: $1.74M - $5.03M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.8051
- Latitude
- 42.6849
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$3,188,500
$13,402,900
$16,591,400
-
$4,501,624
$18,922,631
$23,424,255
