107 Columbia StAlbany, NY 12210

For Sale
$659,000

Vacant, 10,969 SF, Residential Conversion Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 10,969 square foot creative office building at 107 Columbia Street in Albany, NY, presents a unique investment opportunity. Currently vacant, this Class B property offers significant potential for adaptive reuse, particularly as residential units. The property comprises three three-story row-attached buildings situated on a single tax parcel within Albany's government and courts district. Its historical charm is complemented by modern upgrades, including updated mechanical systems, package cooling units, and a generator, significantly reducing the hurdles of conversion. The efficient floor plans, multiple floors, and multiple points of entry/exit facilitate a smooth transition to residential use. The permitted zoning is MU-DT, allowing for a variety of development options. Located in Albany County, NY, 12210, this property offers a compelling blend of historical character and modern amenities, making it an ideal candidate for a savvy investor seeking a high-return project. The asking price is $659,000. This is a rare opportunity to acquire a substantial property in a desirable location with significant upside potential.

Highlights

  • 10,969 SF creative office building at 107 Columbia Street, Albany, NY, currently vacant.
  • Class B property with significant adaptive reuse potential, especially for residential conversion.
  • Three three-story buildings on one tax parcel in Albany's government and courts district.
  • Features updated mechanicals, package cooling units, and a generator.
  • Efficient floor plans, multiple floors, and multiple entry/exit points.
  • MU-DT zoning allows for diverse development options.

Property Details for 107 Columbia St

Property type
Other office properties, Office space
Square Feet
10,969 SF
Class
B
Buildings
3
Stories
3

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6530379
Longitude
-73.7533547
107 Columbia St, Albany, New York

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107 Columbia St
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