Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant… Read More nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. Read Less
Courtesy of Philip Sabatino (518-376-2717), Hanna Commercial.
Listing Snapshot
Days Online
16
Last Updated
Property Type
Office
Square Ft.
11,200
Lot Size
0.74 Acres
Year Built
1993
MLS Number
202627839
Additional Details
Basement
Full, Unfinished
Building
Built in 1993, Living area: 11200.0, 1 building, Construction Materials: Brick
Cooling
Central Air
Exterior Features
Lighting
Floors
Carpet
Heating
Natural Gas
Interior Features
High Speed Internet, Walk-In Closet(s), Built-in Features, Crown Molding, DSL Internet, Elevator
Lot
0.74 acres, Dimensions: 140x197x177x200, Level
Parking
46 total parking spaces, Off Street, Paved, Private
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