260 Washington Avenue ExtAlbany, NY 12203

Property Details for 260 Washington Avenue Ext

Year built

1979

Lot size

0.91 AC

Property size (Sq ft)

12,684 SF

Zone code

CO

Property type

Office buildings

APN

010100 41.00-2-32

APU

101004100232

Description

This exceptional 1,933 square foot executive office suite is situated within the prestigious Corporate Plaza Office Park at 260 Washington Ave Ext, Albany, NY 12203. The suite is part of a larger, single-story, 15,000 square foot professional office building, offering ample space for a growing business. The building boasts a convenient location within the Corporate Park submarket cluster, providing easy access to major transportation routes and amenities. The property is zoned MU-CI (Mixed Use, Campus Institutions), allowing for a variety of potential uses. With 100 total parking spaces available, ample parking is ensured for employees and clients. This is a fantastic opportunity to secure a well-appointed office space in a thriving business environment. The suite is immediately available for lease, offering a turnkey solution for businesses seeking a modern and efficient workspace. The building's single-story design provides easy accessibility and navigation. The property's location in Albany, New York, offers access to a robust workforce and a strong local economy. This is an ideal space for businesses seeking a professional and convenient location to operate. Don't miss this chance to establish your business in this prime Albany location. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $3,150,902

  6.5%

  $2,908,525

  7%

  $2,700,773

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,668,431

  Geo Method

  $1,657,292

• Alternative Use

  Use

  Valuation

  Residential

  $3,606,571

  Hospitality

  $3,303,600

  Educational

  $2,748,556

  Medical

  $2,843,083

  Retail

  $4,275,532

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.7052

Longitude

-73.8603

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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