409 New Karner Road Albany, NY ^$ 779,999

409 New Karner Road

^$ 779,999

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409 New Karner Road

Albany, NY, 12205

^$ 779,999

Bedrooms-- Baths-- Sq 11,200

Monthly Estimate*

^$ 5,387

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Commercial Property for sale in Albany, NY

for $779,999. This 11,200 square foot building was built in 1993 on a lot size of 0.74.

Prime investment opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF brick office building built in 1993 features immediate upside with 5,600 SF of vacant space available at closing- Suites 201 (1,400 SF) and 202 (4,200 SF) - ideal for an owner-user or value-add investor. Current ownership will leaseback Suite 102 (2,800 DF) providing the anchor tenant from day one. Remaining tenants deliver stabilized income with annual revenues of $138,540 fully documented. Three years of clean financials available. Ample parking, professional curb appeal, and excellent visibility. Minutes form I-90, I-87, and Wolf Road, Qualified buyers only. NDA and proof of funds required prior to financial disclosure. Contact listing broker for details.

Commercial Active

Price

^$ 779,999

Property Type

Commercial

Taxes

^$ 27,460

Style

Office

Lot Size

0.74

Year Built

1993

Town/City

Albany

County/Region

Albany

MLS | Web ID

202627839

Features

Interior

Interior Amenities High Speed Internet Walk-In Closet(s) Built-in Features Crown Molding DSL Internet Elevator

Basement Full Unfinished

Flooring Carpet

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

General

Sewer Public Sewer

Heating Natural Gas

Cooling Central Air

Possession At Closing

Roof Flat Rubber

Zoning Commercial

Architectural Style Office

Construction Materials Brick

Year Built 1993

Electric 200+ Amp Service

Stories Count 2

Property Subtype Office

Current Use Office

County Albany

New Construction false

Property Type Commercial Sale

Attached Garage false

Possible Use Business Land Office Office/Retail Investment School Building

Status Active

Directions Take Exit 2W (Central Avenue). Head west on central Avenue and turn right into New Karner Road. 409 is a short distance up on the right.

City Albany

Lot Size Units Acres

Lot Size Square Feet 32234

Tax Annual Amount 27460.53

Standard Status Active

Tax Assessed Value 0

Tax Lot 13.002

Exterior

Exterior Amenities Lighting

Parking Features Off Street Paved Private

Lot Features Level

Water Source Public

Total Parking 46

Lot Size Area 0.74

Number of Buildings 1

Building Area Total 11200

Lot Dimensions 140x197x177x200

Lot Size Acres 0.74

Waterfront Y/N false

Internal Only

Street Number 1 409

* Excluded Features

List By

Philip Sabatino

Listing Agent

Hanna Commercial

Broker

(518) 376-2717

Phone

PhilipSabatino@hannaCre.com

Affordability Calculator

$7,676

Per Month

Monthly Principal & Interest: $5,387
Monthly Property Taxes: $2,288
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 ^$1,374,787

Percent of Sale Price 76%

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.

0 Elementary School

0 Middle School

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Pricing History

Date	Price	Price Change	Description
10/8/2026	$779,999		Listed Price

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409 New Karner Road, Albany, NY, 12205 is a Commercial Property for sale at $779,999 with 11,200 sqft and a lot size of 0.74. 409 New Karner Road was built in 1993. 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 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 10/9/2026.

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409 New Karner Road

Commercial Property for sale in Albany, NY

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