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Class B Multi-Tenant Office Building 30-32 N Russell Rd 66,776 SF Vacant Office Building Albany, NY 12206 $4,536,740 CAD ($67.94 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Albany Office Investment or Owner-User Opportunity
  • Ideal for investors or owner-occupants seeking value-add potential
  • +/-2.82 acres with 246 on-site parking spaces

EXECUTIVE SUMMARY

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 FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
66,776 SF
Building Class
C
Year Built
1960
Price
$4,536,740 CAD
Price Per SF
$67.94 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
24,208 SF
Building FAR
0.57
Lot Size
2.68 AC
Zoning
MU-CH - MU-CH Community Highway
Parking
246 Spaces (3.97 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 24,208 SF
  • Office
  • Partial Build-Out
  • Now

TONS of on-site surface parking. Landlord will build to suit. Next door to Price Chopper, Best Fitness, banks, restaurants, and much more. Immediately off of I-90 exit ramp. Daily janitorial included. Will sub-divide.

  • 1st Floor
  • 4,002 SF
  • Office
  • Shell Space
  • Now

Great first floor office space right off of main lobby. Lots of windows. TONS of on-site surface parking. Landlord will build to suit. Next door to Price Chopper, Best Fitness, banks, restaurants, and much more. Immediately off of I-90 exit ramp. Daily janitorial included. Will sub-divide.

  • 2nd Floor
  • 18,320 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
Ground 24,208 SF Office Partial Build-Out Now
1st Floor 4,002 SF Office Shell Space Now
2nd Floor 18,320 SF Office Full Build-Out Now

Ground

Size
24,208 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size
4,002 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Floor

Size
18,320 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Ground

Size 24,208 SF
Space Use Office
Condition Partial Build-Out
Available Now

TONS of on-site surface parking. Landlord will build to suit. Next door to Price Chopper, Best Fitness, banks, restaurants, and much more. Immediately off of I-90 exit ramp. Daily janitorial included. Will sub-divide.

1st Floor

Size 4,002 SF
Space Use Office
Condition Shell Space
Available Now

Great first floor office space right off of main lobby. Lots of windows. TONS of on-site surface parking. Landlord will build to suit. Next door to Price Chopper, Best Fitness, banks, restaurants, and much more. Immediately off of I-90 exit ramp. Daily janitorial included. Will sub-divide.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-053-067-0001-004-000-0000
Land Assessment
$2,035,167 CAD
Improvements Assessment
$1,762,917 CAD
Total Assessment
$3,798,084 CAD
  • Listing ID: 37976991

  • Date on Market: 2025-10-07

  • Last Updated:

  • Address: 30-32 N Russell Rd, Albany, NY 12206

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