725 Broadway, Albany, NY 12207

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List Price
$8,489,000
MLS#
202627830
Style
Office

Property Description

Exceptional opportunity to acquire a +/-90,000 SF Class A office building in Downtown Albany. Built in 1999, the four-story property features efficient +/-22,500 SF floor plates, a traditional office buildout with private offices, open work areas and numerous conference rooms, plus a full cafeteria, fitness center and locker rooms. The property includes a 392-space gated parking lot (4.36 spaces/1,000 SF), two passenger elevators, one freight elevator and a loading dock. Excellent visibility from I-787 with approximately 88,000 vehicles per day and convenient interstate access. Situated on +/-4.0 acres with MU-CU zoning and adjacent to the recently constructed Hyatt Place. Expansive views of the Hudson River and Downtown Albany. Offered at $8,489,000 ($94.32/SF), significantly below replacement cost.

Additional Information

Taxes
$342,996
Zoning
Mixed
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of listing agent Rudy R Lynch with Carrow Real Estate Services LLC Brokerage, 518-337-3705.

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