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46 Columbia St 3,800 SF 100% Leased Office Building Albany, NY 12207 $525,000 ($138.16/SF)
Investment Highlights
- Completely gutted and restored in 1999/2000 earning an award from the Historic Foundation in the year 2000.
- 3-Story, brick building functioning as a two-level commercial operation w/ a 'Mezzanine' between floors 1 + 2.
- Originally fit for a law firm, Opportunity for a full conversion to commercial or Multi-Family Residential
- Schindler Hydraulic elevator accessible from all 3 levels.
- Semi Modern Apartment Upstairs
- Long Term Tenancy, End of Term approaching in September
Executive Summary
Opportunity awaits in this attractive, solid brick mixed use building standing overtop Tricentennial Park in Downtown Albany. This 3-Story building was completely gutted and restored in 1999/2000 earning an award from the Historic Foundation in the year 2000. The interior space currently functions as a two-level commercial operation w/ a 'Mezzanine' between floors 1 + 2 & a modern 'Class-A' one bedroom apartment upstairs. Amenities include sound hardwoods + woodwork throughout, marble (non-working) fireplaces on every floor & a Schindler Hydraulic elevator accessible from all 3 levels. Each floor has a dedicated heating system & separate utilities. Call now to schedule a tour!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,800 SF
Building Class
B
Year Built/Renovated
1900/2000
Price
$525,000
Price Per SF
$138.16
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,120 SF
Slab To Slab
11’
Building FAR
3.23
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
C3
Amenities
- Bus Line
- Signage
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 010100-076-034-0003-008-000-0000 | Improvements Assessment | $225,000 |
| Land Assessment | $18,000 | Total Assessment | $243,000 |
Property Taxes
Parcel Number
010100-076-034-0003-008-000-0000
Land Assessment
$18,000
Improvements Assessment
$225,000
Total Assessment
$243,000
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46 Columbia St
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