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.
Property Type(s):
Commercial
|
Last Updated
|
10/8/2026
|
Year Built
|
1993
|
|
County
|
Albany
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Brick |
| EXTERIOR |
Lighting |
| HEAT |
Natural Gas |
| INTERIOR |
Built-in Features, Crown Molding, Elevator, High Speed Internet, Walk-In Closet(s) |
| LOT |
0.74 acre(s) |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
140x197x177x200 |
| PARKING |
Off Street, Paved, Private |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Office |
| TAXES |
27460.53 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Hanna Commercial
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email