Property Listing No Longer Available for Sale

97 Central Ave, Albany, NY

Office for Sale - $3,100,000 - 55,518 Sq. Ft. on 1.05 acres


Property Info

CIMLS#1074087
Location
  97 Central Ave
  Albany NY 12211
UpdatedJune 1st, 2020
TypeOffice
Price$3,100,000
Building55,518 Sq. Ft.
Land1.05 acres

Property Description

Office building is fully leased to the State of New York through 12/31/2023.

Cap Rate 10%+.

State has been a tenant in the building since 1982.

Many recent improvements to building and facade.

Includes on-site gated parking lot and 2 adjacent parking lots behind building (total of 3 tax parcels).


Financials



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