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About the Listing o1057N - 30909
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. 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.
Listing Highlights for 409 New Karner Rd
Interior Details
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor: Carpet
- Basement: Full,Unfinished
- Other: High Speed Internet,Walk-In Closet(s),Built-in Features,Crown Molding,DSL Internet,Elevator
- Water: Public
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 46
- Lot Dimensions: 140x197x177x200
- Zoning: Commercial
- Roof: Flat,Rubber
- Others: Lighting
- Sewer: Public Sewer
- Parking Features: Off Street,Paved,Private
Financial Details
- Tax Amount: $27,461
- Taxes w/Assessments: N/A
- Tax/Property ID: 012689 29.11-5-13.2
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
409 New Karner Rd Albany, NY 12205
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