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32 N Russell Road, Albany, NY 12205

$3,250,000.00
  • 32 N Russell Road, Albany, NY 12205 Main Photo

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Active
SQUARE FEET65,309 MLS#202501113
STATUSActive PROPERTY TYPECommercial - Retail

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).

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Office
Lot Size: 2.82 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $102,065
Year Built: 1960

Feature Descriptions

# Of Elevators: 1
Building Ceiling Height: 8
Current Use: Office
Days on Site: 153
Electric Phase: Three Phase
Elevator: Passenger
Exterior: Steel Frame
General Taxes: 102065.31
Lot Dimensions: 0
Parking: Paved, Parking Lot
Parking Spaces: 246
possible Use: Hotel, House of Worship, Investment, Fitness/Gym, Self-Storage Facility, Outside Storage, School Building, Medical/Dental, Warehouse, Shopping Center, Restaurant, Retail, Office/Warehouse, Office/Retail, Office Plus, Office
Sewer: Public Sewer
Sprinklers: No
SQFT Building Available: 45170
SQFT Office Available: 45170
SQFT Retail Available: 4002
SQFT Warehouse Available: 22848
Water: Public

Listed By / Shown By

Listing By

Agency Name: Carrow Real Estate Services
Agency Phone: (518) 462-7491

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