725 Broadway Albany, NY ^$ 8,489,000

725 Broadway

^$ 8,489,000

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Recently Listed

725 Broadway

Albany, NY, 12207

^$ 8,489,000

Bedrooms-- Baths-- Sq 87,616

Monthly Estimate*

^$ 58,631

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Commercial Property for sale in Albany, NY

for $8,489,000. This 87,616 square foot building was built in 1999 on a lot size of 4.

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.

Commercial Active

Price

^$ 8,489,000

Property Type

Commercial

Taxes

^$ 342,996

Style

Office

Lot Size

Year Built

1999

Town/City

Albany

County/Region

Albany

MLS | Web ID

202627830

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Central Air

Possession Negotiable

Zoning Mixed

Architectural Style Office

Construction Materials Brick

Year Built 1999

Stories Count 4

Property Subtype Office

Current Use Office

Ownership Progressive Casualty Insurance Company

County Albany

New Construction N

Property Type Commercial Sale

HOA N

Attached Garage N

Possible Use Apartment Plus Hotel/Motel Industrial Land Mixed Office Office Plus Office/Retail Office/Warehouse Retail Warehouse Fitness/Gym House of Worship Investment Medical/Dental Multi-Family School Building

Status Active

Directions From I-787 take Exit 4B toward Clinton Avenue/Downtown Albany. Continue toward Broadway and proceed north to 725 Broadway. Property is located on Broadway adjacent to Hyatt Place with gated on-site p

City Albany

Lot Size Units Acres

Lot Size Square Feet 174240.0

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 342996.79

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 2.000

Exterior

Parking Features Private

Water Source Public

Total Parking 392.0

Inclusions Building & Land

Lot Size Area 4.0

Number of Buildings 1

Spa N

Building Area Total 87616.0

Lot Dimensions 483'x810'

Lot Size Acres 4.0

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 725

* Excluded Features

List By

Rudy Lynch

Listing Agent

Carrow Real Estate Services Llc

Broker

(518) 337-3705

Phone

rudy@carrowrealestate.com

Affordability Calculator

$87,214

Per Month

Monthly Principal & Interest: $58,631
Monthly Property Taxes: $28,583
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 7.375% 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 ^$1,487,854

Percent of Sale Price 82%

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.

3061716 Elementary School

3061730 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/8/2026	$8,489,000		Listed Price

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725 Broadway, Albany, NY, 12207 is a Commercial Property for sale at $8,489,000 with 87,616 sqft and a lot size of 4. 725 Broadway was built in 1999. The property's zip code is 12207 which is in Albany, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/15/2026.

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725 Broadway

Commercial Property for sale in Albany, NY

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