164-168 Montgomery St - Distribution FOR SALE


Albany, NY 12207- Arbor Hill
$1,100,000 USD
518-694-9190
164-168 Montgomery St, Albany, NY for Sale
$1,100,000 USD
Distribution - FOR SALE
1/2
null | Request Cap Rate

164-168 Montgomery St
Albany, NY 12207
Arbor Hill


OVERVIEW

Prime Owner-User or Investment Opportunity in Downtown Albany. This versatile warehouse property features three separate tenant spaces: 1,652 SF: Available for lease now, 11,045 SF: Currently leased until October 31, 2025; availability can be expedited if needed. 2,322 SF: Leased through March 2028. The building is served by four grade-level doors in the front and one additional door in the rear, offering convenient loading and unloading. Located near the Central Warehouse, this property boasts excellent access to major thoroughfares. Off-street parking is also available through the owner's lot directly across the street. This is an ideal option for businesses looking to expand or investors seeking a reliable return with existing tenants in place.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

164 Montgomery

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.36

LAND SF

15,552

ZONING

M1

APN/PARCEL ID

010100-065-020-0003-011-000-0000

ASK ABOUT THIS PROPERTY

Michael CrisafulliCrisafulli Associates LLCMore Info
518-694-9190

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Michael CrisafulliCrisafulli Associates LLCMore Info
518-694-9190

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