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16 Commercial Ave 75,220 SF Industrial Building Albany, NY 12205 $4,900,000 ($65.14/SF)
INVESTMENT HIGHLIGHTS
- Loading Docks
- Drive in Bays
- High Ceilings
EXECUTIVE SUMMARY
Region Commercial in conjunction with Savills is pleased to offer on an exclusive basis, 16 Commercial Ave in Albany, NY available for Sale. The property, is situated on roughly 3.63 acres and is approximately 75,220 square feet.
Located in the heart of Albany’s Warehouse and Distribution District, the property offers excellent access to major highways, including I-90, I-787, and I-87, providing strong regional and interstate connectivity. The site is less than five miles from Downtown Albany and approximately ten miles from the Port of Albany, a key logistics hub for the Capital Region. Surrounded by a mix of industrial users, service businesses, and transportation providers, this location benefits from proximity to rail lines, the Albany International Airport, and a dense labor market.
Located in the heart of Albany’s Warehouse and Distribution District, the property offers excellent access to major highways, including I-90, I-787, and I-87, providing strong regional and interstate connectivity. The site is less than five miles from Downtown Albany and approximately ten miles from the Port of Albany, a key logistics hub for the Capital Region. Surrounded by a mix of industrial users, service businesses, and transportation providers, this location benefits from proximity to rail lines, the Albany International Airport, and a dense labor market.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,900,000 | Rentable Building Area | 75,220 SF |
| Price Per SF | $65.14 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1957 |
| Property Type | Industrial | Parking Ratio | 0.27/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 3.63 AC | ||
| Zoning | Industrial | ||
| Price | $4,900,000 |
| Price Per SF | $65.14 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.63 AC |
| Rentable Building Area | 75,220 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Parking Ratio | 0.27/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial |
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PROPERTY TAXES
| Parcel Number | 012689-053-005-0004-014-006-0000 | Total Assessment | $1,550,000 (2024) |
| Land Assessment | $230,500 (2024) | Annual Taxes | ($75,220) (($1.00)/SF) |
| Improvements Assessment | $1,319,500 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
012689-053-005-0004-014-006-0000
Land Assessment
$230,500 (2024)
Improvements Assessment
$1,319,500 (2024)
Total Assessment
$1,550,000 (2024)
Annual Taxes
($75,220) (($1.00)/SF)
Tax Year
2025
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16 Commercial Ave
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