This exceptional sublease opportunity presents ±6,126 square feet of warehouse space within a larger, ±977,000 square foot mixed-use building located at 150 Broadway in Menands, New York. The property is zoned BBD and situated in Albany County, offering convenient access via Broadway. The building boasts ample parking with 2,000 spaces available for tenants and their visitors. This single-tenant industrial space is ideal for businesses seeking a well-located, functional warehouse solution. The sublease term commences in July 2024 and extends through July 31st, 2026, providing a solid timeframe for occupancy. The property's location in Menands, NY, offers easy access to major transportation routes, making it a strategic choice for distribution and logistics operations. With its substantial size and convenient amenities, this warehouse space presents a compelling opportunity for businesses seeking to establish or expand their operations in the Albany County area. The building's overall size of approximately 977,000 square feet indicates a substantial and well-established presence in the Menands commercial landscape. The availability of this ±6,126 square foot space represents a unique chance to secure a portion of this prime industrial real estate. The zip code for this property is 12204.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$5,480,373
Hospitality
$5,019,992
Educational
$4,176,575
Medical
$4,320,214
Retail
$6,496,894
Location Insight
City
Menands
County
Albany
State
New York
Latitude
42.688
Longitude
-73.7296
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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