130 Washington AveAlbany, NY 12210

For Lease
  • Office buildings
  • 22,834 SF

Property Details for 130 Washington Ave

Year built
1928
Lot size
0.35 AC
Property size (Sq ft)
22,834 SF
Zone code
CO
Property type
Office buildings
APN
010100 76.24-7-9
APU
10100762479

Description

This exceptional mixed-use property at 130 & 136 Washington Avenue in Albany, NY (zip code 12210), offers a diverse range of executive office suites for lease. The building totals 22,834 square feet and features a variety of sizes, accommodating businesses of all scales. Currently, there are nine available suites ranging from 55 square feet to a substantial 1,869 square feet. Monthly rental rates vary depending on the size of the suite, with options starting as low as $75 and extending to $3,000 for the largest space. Specific suite sizes and pricing include: Suite H (195 sq ft, $465/month), Suite I (225 sq ft, $545/month), Suite J (115 sq ft, $270/month), Suite K (180 sq ft, $405/month), Suite M (150 sq ft, $340/month), Suite O (55 sq ft, $75/month), Suite P (575 sq ft, $900/month), and Suite 2 (1,869 sq ft, $3,000/month). Additionally, a 1,216 square foot suite at 136 Washington Avenue is available for $850 per month. The property is zoned MU-CU (Mixed Use - Community Urban) and includes two parking spaces. This prime location on Washington Avenue provides excellent visibility and accessibility. Inquire today to secure your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,672,320
    6.5%
    $5,235,988
    7%
    $4,861,988
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,003,544
    Geo Method
    $2,983,490
  • Alternative Use

    Use
    Valuation
    Residential
    $6,492,624
    Hospitality
    $5,947,209
    Educational
    $4,948,008
    Medical
    $5,118,178
    Retail
    $7,696,902
130 Washington Ave, Albany, New York

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6547
Longitude
-73.7606
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$170,500
$659,500
$830,000
-
$240,717
$931,103
$1,171,820

FAQs

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