Ad #6031286
MLS #202627839
Rare owner-user opportunity in the New Karner Road office
409 New Karner Rd, Albany, NY 12205
$779,999
--Beds
--Baths
11,200Sqft
0.74Acres
About this property
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 Features
0 Beds
0 Baths
11,200 Sqft
Built in 1993
0.74 Acres
2 Stories
Off Street
Siding: Brick
Flat, Rubber Roof
Natural Gas
$27,461 / yr property tax
Albany County
Additional Photos
Contact Information
Philip Sabatino
Howard Hanna Real Estate Services
518-376-2717
Location
Listing Agent: Philip Sabatino (License #: 10401299525) 518-376-2717
Broker: Howard Hanna Real Estate Services 518-348-7100 Listing Site
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Howard Hanna Real Estate Services 518-348-7100 Listing Site
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Oct 23, 2026
Photo Gallery
$779,999
--
Beds
--
Baths
11,200
Sqft
409 New Karner Rd, Albany, NY 12205
By contacting this agent you agree to these Terms and Conditions.
MLS# 202627839
$779,999
409 New Karner Rd, Albany, NY 12205
--
Beds
--
Baths
11,200
Sqft
0.74
Acres
-- Beds
-- Baths
11,200 Sqft
0.74 Acres
Accessibility Features
Accessible Elevator Installed
Rare owner-user opportunity in the New Karner Road office
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
11,200 Sqft
Built in 1993
0.74 Acres
2 Stories
EXTERIOR
Off Street
Siding: Brick
Flat, Rubber Roof
INTERIOR
Natural Gas
FINANCIAL & COMMUNITY
$27,461 / yr property tax
Albany County
See More Details
Location
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Ad Statistics
Ad Number
6031286
Viewed
14 times
Listing Status
Active
Added
Oct 08, 2026
Last Refreshed
Oct 23, 2026 12:45:43 AM
Listing Information
Data Source
Global MLS, Inc.
Source Property ID
202627839
Listing Agent: Philip Sabatino (License #: 10401299525) 518-376-2717
Broker: Howard Hanna Real Estate Services 518-348-7100 Listing Site
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Howard Hanna Real Estate Services 518-348-7100 Listing Site
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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