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    FOR SALE
    Warehouses

    70 Tivoli St, Albany, NY 12207

    11,383 SF 0.27 ac lot Built 1890
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US63-2542131
    Property summary
    AI-generated overview

    This exceptional ±11,383 square foot office/warehouse building presents a compelling investment opportunity in Albany, NY. Situated on a desirable ±1.75-acre gated lot at 70 Tivoli Street, this property boasts a strategic location in North Albany, zip code 12207. The building features a well-designed layout combining ample warehouse space with substantial office areas totaling approximately 1,534 square feet. The warehouse benefits from a 14-foot ceiling height, providing generous vertical storage capacity. Access is facilitated by one grade-level overhead door and one loading dock, ensuring efficient loading and unloading operations. The property is equipped with a dry sprinkler system for enhanced safety and features 240-volt, 200-amp, 3-phase power. The warehouse also includes infrared heating for comfortable working conditions. Electric openers are installed on both the dock and drive-in doors for convenient operation. This well-maintained property is offered at an asking price of $735,000 and represents a rare opportunity to acquire a versatile and functional industrial space in a thriving Albany location. The property's features make it suitable for a variety of uses, offering significant potential for growth and return on investment. The combination of office and warehouse space, coupled with the secure gated lot, makes this an attractive option for businesses seeking a functional and secure location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1890
    Total area 11,383 SF
    Lot 0.27 ac (11,635 SF)
    Zoning code M1
    APN 010100 65.16-1-18
    UPID US63-2542131
    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
    • Citymark Striping LLC Construction Company General Contractor
    • Mavin Real Estate Services Real Estate Agency
    • Luizzi Asphalt Services General Contractor Construction Company
    • Beneficial Business LLC (Bike/Boat/Book/etc) Store Cosmetic Store
    • Luizzi Bros Seal Coating General Contractor Construction Company
    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
    Vanbry Ventures LLC · 12 yrs held
    Vanbry Ventures LLC
    since 2014
    Last sale
    $220,000
    1 recorded transaction
    2014
    $130,000
    Zoning & alternative use
    M1 · Albany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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