100 Great Oaks BlvdAlbany, NY 12203

Property Details for 100 Great Oaks Blvd

Year built

1992

Lot size

4.82 AC

Property size (Sq ft)

76,510 SF

Zone code

BNRP

Property type

Office buildings

APN

013089 52.19-1-4.1

APU

130895219141

Description

This Class A, three-story Great Oaks Office Park, located at 100 Great Oaks Blvd, Albany, NY 12203, offers 27,242 square feet of executive office space in Albany County. Built in 1991 and renovated in 2016, the property boasts three suites, with a minimum divisible space of 1,208 square feet and a maximum contiguous space of 4,166 square feet. Currently, 7,591 square feet are vacant and available for immediate occupancy. The property sits on a 90,000 square foot lot and provides ample parking with a ratio of 4 spaces per 1000 square feet. Utilities include premises and common area power. Its strategic location along the Western Avenue/New York Route 20 corridor in Guilderland, just outside Albany, offers unparalleled convenience. The park is only one block from the Interstate 87 and 90 on/off ramps, minutes from Albany International Airport, and close to Crossgates Mall. Impeccably maintained, Great Oaks Office Park provides a first-class environment suitable for a variety of businesses. This exceptional property presents a rare opportunity to secure premium office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $19,006,270

  6.5%

  $17,544,250

  7%

  $16,291,088

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,063,992

  Geo Method

  $9,996,797

• Alternative Use

  Use

  Valuation

  Residential

  $21,754,868

  Hospitality

  $19,927,342

  Educational

  $16,579,315

  Medical

  $17,149,504

  Retail

  $25,790,046

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.6832

Longitude

-73.8471

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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