251 New Karner Road Albany, NY ^$ 1,199,000

251 New Karner Road

^$ 1,199,000

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251 New Karner Road

Albany, NY, 12205

^$ 1,199,000

Bedrooms-- Baths3.0 Sq 17,976

Monthly Estimate*

^$ 7,480

251 New Karner Road, Albany, NY 12205 - Image 1

251 New Karner Road, Albany, NY 12205 - Image 2

251 New Karner Road, Albany, NY 12205 - Image 3

251 New Karner Road, Albany, NY 12205 - Image 4

251 New Karner Road, Albany, NY 12205 - Image 5

251 New Karner Road, Albany, NY 12205 - Image 6

251 New Karner Road, Albany, NY 12205 - Image 7

251 New Karner Road, Albany, NY 12205 - Image 8

Commercial Property for sale in Albany, NY

for $1,199,000 with 3 full baths. This 17,976 square foot building was built in 1982 on a lot size of 1.5.

10.4% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water. POSSIBLE 2ND MORTGAGE HELD BY CURRENT OWNER IF KEPT ON AS BUILDING MANAGER.

Commercial Active

Price

^$ 1,199,000

Full Bath

Property Type

Commercial

Taxes

^$ 37,369

Style

Office,Commercial

Lot Size

1.5

Year Built

1982

Town/City

Albany

County/Region

Albany

MLS | Web ID

202518530

Features

Interior

Interior Amenities High Speed Internet Ceramic Tile Bath

Basement None

Flooring Tile Carpet Laminate

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 3

General

Sewer Septic Tank

Heating Forced Air Natural Gas

Cooling Central Air

Possession At Closing

Roof Rubber

Zoning Commercial

Architectural Style Office Commercial

Security Features Smoke Detector(s) Carbon Monoxide Detector(s)

Construction Materials Brick Drywall

Year Built 1982

Electric Circuit Breakers

Tenant Pays Internet Telephone

Stories Count 1

Property Subtype Office

Current Use Office

Business Type Commercial

Accessibility Accessible Full Bath Accessible Sidewalks

County Albany

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Possible Use Business Office Office Plus

Status Active

Directions New Karner Road between Washington Ave. Ext. and Central Ave.

High School Colonie Central HS

City Colonie

High School District South Colonie

Lot Size Units Acres

Lot Size Square Feet 65340.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 37369.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 0

Tax Lot 1.000

Exterior

Parking Features Off Street Paved Private

Lot Features Road Frontage Level Cleared Corner Lot

Water Source Public

Total Parking 60.0

Inclusions Building & Land

Lot Size Area 1.5

Number of Buildings 1

Spa N

Building Area Total 17976.0

Lot Dimensions 65340

Lot Size Acres 1.5

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 251

* Excluded Features

List By

Scott Film

Listing Agent

Scott Film Realty, Llc

Broker

(518) 369-7654

Phone

scottfilmrealty@gmail.com

Affordability Calculator

$10,594

Per Month

Monthly Principal & Interest: $7,480
Monthly Property Taxes: $3,114
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Albany, NY

Average List Price ^$1,081,120

Percent of Sale Price 10%

About Albany, NY

99,338 Population

4% Since 2002

^$44,478 Median Income

33.63 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

853309 Elementary School

853186 Middle School

Colonie Central HS High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/21/2025	$1,199,000	-25.02%	Price Down
9/25/2025	$1,599,000	-15.84%	Price Down
5/30/2025	$1,900,000		Listed Price

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251 New Karner Road, Albany, NY, 12205 is a Commercial Property for sale at $1,199,000 with 17,976 sqft and a lot size of 1.5. 251 New Karner Road has 3.0 baths and was built in 1982. The property's zip code is 12205 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of ©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Data is updated as of 12/16/2025.

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251 New Karner Road

Commercial Property for sale in Albany, NY

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