518-281-4497
1 Columbia Cir, Albany, NY for Sale
Office - FOR SALE
1/31
null | Request Cap Rate

1 Columbia Cir
Albany, NY 12203


HIGHLIGHTS

  • Value-Add office opportunity perfect for user or investors, or as a repositioning project
  • Centrally located in a flourishing, sought after market. Proximate to the Massachusetts Turnpike (I-90) and I-87, priving access to the north, and I-8
  • I-87 links the area to major destinations to the north, while I-88 provides the region access to the southern tier and the PA markets
  • Zoned MU-CI: Mixed-Use, Campus/Institutional with Pine Bush Overlay
  • Motivated seller, ready to meet the market on auction day

OVERVIEW

AUCTION SITE: https://rimarketplace.com/auction/2301/servicer-sale-68-000-sf-office-albany-ny?utm_source=costar CBRE Upstate NY, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale the two-story ±68,872 SF Class C multi-tenanted office building in the City of Albany, NY. The property is comprised of ±5.25 acres and is located in the Corporate Plaza Office Park on the western side of Albany, just off Washington Avenue Extension. There is a Capital District Transportation Authority “CDTA” bus stop in close proximity to the building. Centrally located in Albany County, this market has continued to flourish over the years and is highly sought after as a place to live, work, shop and play. The ownership also has the two neighboring office buildings for sale as well: 13 Columbia Circle and 15 Columbia Circle Ralph Passono, Jr. c/o Fisher Auction Company Inc. License: 1 NY Broker No.:10311203946 https://rimarketplace.com/auction/2301/servicer-sale-68-000-sf-office-albany-ny?utm_source=costar

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1 Columbia Circle

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

242

LAND DETAILS

LAND ACRES

5.3 AC

LAND SF

230,868 SF

ZONING

MU-CI

APN/PARCEL ID

010100-041-000-0002-041-000-0000

ASK ABOUT THIS PROPERTY

Thomas SavinoCBRE | Albany, Part of the CBRE affiliate networkMore Info
518-281-4497

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Thomas SavinoCBRE | Albany, Part of the CBRE affiliate networkMore Info
518-281-4497

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.