For Sale
$12,600,000

500 Patroon Creek Blvd Albany, NY 12206

Class A Office, 180,000 SF, $70/SF

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional Class A, 180,000-square-foot executive office building is strategically located on Albany's Washington Avenue Medical Corridor, offering unparalleled visibility and accessibility. Situated near Exit 4 of I-90 and Washington Avenue, it benefits from over 116,000 cars passing daily, with prominent signage rights available. The property boasts a wealth of amenities including a large on-site cafeteria with a commercial kitchen, a fully equipped fitness center complete with locker rooms and showers, and approximately 1,100 parking spaces (a 6:1000 sq ft ratio). Further enhancing its appeal is a +/- 4,500 square foot data center. The building features a boardroom, multiple conference rooms, private offices, and open workspaces. Priced significantly below replacement cost, this property presents a compelling investment opportunity. Its flexible design allows for easy subdivision and adaptation to multi-tenant occupancy, making it suitable for a variety of uses and potential tenants. The location provides convenient access to Albany International Airport, within 15 minutes. The building is ready for immediate occupancy and offers a build-to-suit option. Asking price is $12,600,000.

Highlights

  • Prime Washington Avenue location in Albany's professional corridor.
  • Excellent access via I-90 (Exit 4) and Route 85.
  • Close proximity to Albany International Airport (under 15 minutes).
  • High visibility with over 116,000 vehicles passing daily.
  • Modern office space featuring a boardroom, multiple conference rooms, private offices, and open work areas.
  • On-site cafeteria and commercial kitchen.

Property Details for 500 Patroon Creek Blvd

Property type
Office properties
Square Feet
180,000 SF
Class
A

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.683892
Longitude
-73.805346
500 Patroon Creek Blvd, Albany, New York

FAQs

What type of property is this?
Office property - Class A Office, 180,000 SF, $70/SF
Where is the office property located?
The property is located at 500 Patroon Creek Blvd Albany, NY.
What is the asking price?
The asking price for this property is $12,600,000.
What are key features of this property?
This property features: Prime Washington Avenue location in Albany's professional corridor.; Excellent access via I-90 (Exit 4) and Route 85.; Close proximity to Albany International Airport (under 15 minutes).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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500 Patroon Creek Blvd
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