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164 Montgomery 164-168 Montgomery St 15,372 SF 28% Leased Industrial Building Albany, NY 12207 $1,200,000 ($78.06/SF)

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EXECUTIVE SUMMARY

Listing now includes the .31 acre paved parking lot across from building at 163 Montgomery. This versatile warehouse property features three separate tenant spaces: 1,652 SF, and 2,322 SF space are leased, 11,045 SF clear span space is leased until October 31, 2025 after which time it will be available. The building is served by four grade-level doors in the front and one additional door in the rear, offering convenient loading and unloading. Located near the Central Warehouse, this property boasts excellent access to major thoroughfares. Off-street parking is also available through the owner's lot directly across the street. This is an ideal option for businesses looking to expand or investors seeking a reliable return with existing tenants in place.

PROPERTY FACTS

Price $1,200,000
Price Per SF $78.06
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.36 AC
Rentable Building Area 15,372 SF
No. Stories 1
Year Built 1920
Parking Ratio 0.39/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning M1 - MU-FW

AMENITIES

  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Upstate Reefer Services
  • Transportation and Warehousing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Whitney Young Health Center
  • Transportation and Warehousing
  • 99,999 SF
  • -
  • -
  • Jan 0000
  • Yard Metals
  • Waste Management and Remediation Services
  • 99,999 SF
  • -
  • -
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Upstate Reefer Services Transportation and Warehousing 99,999 SF - Lorem Ipsum Jan 0000
Whitney Young Health Center Transportation and Warehousing 99,999 SF - - Jan 0000
Yard Metals Waste Management and Remediation Services 99,999 SF - - Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 2
  • 11,042 SF
  • Industrial
  • Full Build-Out
  • Now

Available for Lease at $6 NNN (nets $2.50). 10/1/25. 11,042 SF clear span warehouse space serviced by (2) 12x14 at grade doors at the front with another at rear to small yard. Ceiling heights approximately 15'. Roughly 700 Sf of office space included in the space. Tenant pays utilities and nets. Convenient location right off of 787 and conducive to many uses. Parking spaces may be leased from landlord in adjacent lot. Building and adjacent parking lot listed for sale under separate listing.

Space Size Space Use Condition Available
1st Fl - 2 11,042 SF Industrial Full Build-Out Now

1st Fl - 2

Size
11,042 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - 2

Size 11,042 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Available for Lease at $6 NNN (nets $2.50). 10/1/25. 11,042 SF clear span warehouse space serviced by (2) 12x14 at grade doors at the front with another at rear to small yard. Ceiling heights approximately 15'. Roughly 700 Sf of office space included in the space. Tenant pays utilities and nets. Convenient location right off of 787 and conducive to many uses. Parking spaces may be leased from landlord in adjacent lot. Building and adjacent parking lot listed for sale under separate listing.

Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-065-020-0003-011-000-0000
Land Assessment
$220,000
Improvements Assessment
$424,800
Total Assessment
$644,800
  • Listing ID: 35328796

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 164-168 Montgomery St, Albany, NY 12207

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