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Listed by Rudy R Lynch • Carrow Real Estate Services LLC
$ 3,250,000
Est. payment /mo
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 $49
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 $3,250,000 ($49.76/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
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