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Listed by Rudy R Lynch • Carrow Real Estate Services LLC

$ 2,900,000

Est. payment -/mo

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Active

32 N Russell Road Albany, NY 12205

65,309 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 65,309 sqft

Price per Sqft $44

MLS Listing ID 202527361

Year Built 1960

Annual Tax Amount $102,065

Lot Size 2.820 Acres

Acres 2.82

Lot Dimensions 300x389

Property Sub-Type Office

Source Global MLS

Property Description

Prime Albany Office Investment or Owner-User Opportunity! +/-65,309 SF Class B multi-tenant office building on +/-2.82 acres with 246 on-site parking spaces (4:1 ratio). Conveniently located minutes from I-90, Exit 5 (Everett Rd). Currently 33% occupied with +/-45,170 SF available for immediate use. Features include new roof (2024), passenger elevator, +/-1,600 SF residential penthouse, 3-phase/1600 AMP electrical service, MU-CH zoning, and CDTA bus access. Ideal for investors or owner-occupants seeking value-add potential. Offered at $2,900,000 ($44.40/SF).

Location

State NY

County Albany

Zoning Commercial

Direction Central Ave to North Russell Road

Interior

Interior Features Elevator

Heating Forced Air, Natural Gas

Flooring Vinyl, Carpet

Inclusions Building & Land

Exterior

Parking Features Paved

Building

Sewer Public Sewer

Water Public

Architectural Style Office

New Construction No

Others

Tax ID 010100 53.67-1-4

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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