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10 Russell Rd

Albany, NY 12205

$1,250,000

Office For Sale  •  45,000 Sq Ft

Property Details

  • Property Type Office
  • Total Building Size 45,000 Sq Ft
  • Lot Size 3.22 ac
  • Building Class C
  • Cap Rate 5.50 %
  • Tenancy Multiple
  • Zoning 19
50 Transit Score
58 Walk Score

Description

3 story brick building. 1st floor occupied, 69 parking spots. 2nd floor 15,000 sq.ft. for lease. Spaces range from 1,000 sq.ft. to 3,000 sq.ft. gross rent. Landlord on site. Well maintained building. Next to shopping, restaurants,  on bus line, and close to all major highways. 15,000 sq.ft. each floor 2,000lbs. elevator and 4 exits..

West on Central Ave. (route 5) to Westgate Shopping center. Next street to the west on right side 1st building on left side.

Financial Summary (Actual)

Net Operating Income: $74,250 (2016)
Cap Rate: 5.50 %

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Albany International Airport 16 min - 7.6 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Tony Sabatino 518-857-6999 Hanna Commercial Real Estate
Tony Sabatino 518-857-6999 Hanna Commercial Real Estate