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Westgate Building 10 Russell Rd 45,000 SF 56% Leased Office Building Albany, NY 12205 $3,250,000 ($72.22/SF)
INVESTMENT HIGHLIGHTS
- Newely Renovated
- On bus line
- Strong rental income
EXECUTIVE SUMMARY
Beautiful 3-Story Office Building in the Heart of Albany's Commercial Corridor. Located just off Central Avenue, this fully leased 3-floor office building sits in the center of Albany's vibrant and growing commercial district. This property has undergone extensive renovations over the past five years, making it an exceptional opportunity for both owner-users and investors alike. Key Improvements Include: Five new rooftop HVAC units New roof Complete interior office remodel Fully repaved and updated parking lot With strong tenancy in place and modern upgrades throughout, this property is ideal for those seeking a turnkey investment or a future headquarters in a prime location. Don't miss this outstanding opportunity in one of Albany's most high-traffic corridors
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
45,000 SF
Building Class
C
Year Built
1965
Price
$3,250,000
Price Per SF
$72.22
Percent Leased
56%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,000 SF
Slab To Slab
10’
Building FAR
0.32
Lot Size
3.22 AC
Zoning
19 - Commercial Office Bldg General
Parking
69 Spaces (0.66 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 012689-053-016-0001-006-005-0000 | Improvements Assessment | $0 |
| Land Assessment | $68,600 | Total Assessment | $68,600 |
PROPERTY TAXES
Parcel Number
012689-053-016-0001-006-005-0000
Land Assessment
$68,600
Improvements Assessment
$0
Total Assessment
$68,600
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Westgate Building | 10 Russell Rd
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