116 Railroad AveAlbany, NY 12205

Property Details for 116 Railroad Ave

Year built

1980

Lot size

2.50 AC

Property size (Sq ft)

37,561 SF

Zone code

15

Property type

Warehouses

APN

012689 41.20-1-6

APU

12689412016

Description

This exceptional 37,561 square foot industrial flex building, situated on a 2.5-acre lot in Albany, New York, presents a unique investment opportunity. Currently, 6,600 square feet of readily available space is perfect for a variety of businesses. The building features a 14-foot ceiling height, providing ample vertical space for storage or specialized equipment. Two 12-foot drive-in doors ensure convenient loading and unloading, enhancing operational efficiency. The property is zoned for industrial use and benefits from its strategic location along the Railroad Avenue corridor, offering excellent visibility and accessibility. Its proximity to Interstates 87 and 90 (both within one mile) and Central Avenue provides unparalleled connectivity to major transportation arteries, simplifying logistics and commuting for employees and clients. The climate-controlled environment ensures optimal conditions for various operations year-round. This single-building property in Albany County, NY (zip code 12205) offers a compelling combination of size, location, and functionality, making it an ideal choice for businesses seeking a versatile and well-situated industrial space. The multiple tenancy structure allows for flexibility in lease terms and potential for future expansion.

• Alternative Use

  Use

  Valuation

  Residential

  $10,680,102

  Hospitality

  $9,782,916

  Educational

  $8,139,272

  Medical

  $8,419,194

  Retail

  $12,661,089

Location Insight

City

Colonie

County

Albany

State

New York

Latitude

42.7014

Longitude

-73.8306

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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