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FOR MORE INFORMATION PLEASE CONTACT BUILDING 14,677 SF 3 story “mansion” office building inclusive of 2,440 SF basement 1,405 SF 2 story carriage house (currently built out as office space) Beautiful slate roof and masonry construction in excellent condition Elegant wood and other classic finishes Multiple kitchenettes and ADA bathrooms Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration Ample power - 440 volts, 1600amps 55 parking spaces in newly renovated parking lot Adding Value Through Professional Real Estate Services 8 Thurlow Terrace Albany, NY FOR SALE Douglas Marr, CCIM Director of Brokerage Services (518) 225-7608 [email protected]

SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

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Page 1: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

FOR MORE INFORMATION

PLEASE CONTACT

BUILDING 14,677 SF 3 story “mansion” office building inclusive of 2,440 SF basement

1,405 SF 2 story carriage house (currently built out as office space)

Beautiful slate roof and masonry construction in excellent condition

Elegant wood and other classic finishes

Multiple kitchenettes and ADA bathrooms

Modernized elevator that stops at all floors including basement

Wet sprinkler system

Multi-zoned HVAC and existing subdivision for multi tenancy configuration

Ample power - 440 volts, 1600amps

55 parking spaces in newly renovated parking lot

Adding Value Through

Professional Real Estate Services

8 Thurlow Terrace

Albany, NY

FOR

SALE

Douglas Marr, CCIM Director of Brokerage Services

(518) 225-7608

[email protected]

Page 2: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

FOR MORE INFORMATION

PLEASE CONTACT

Douglas Marr, CCIM Director of Brokerage Services

(518) 225-7608

[email protected]

ECONOMICS

Also available for lease—$12.00 nnn

City of Albany assessment—$1,219,000

Property and school taxes—$59,465 (new sale below current assessment may lower taxes)

Carriage house potential income $1,500 mo. + utilities + cleaning

2nd fl. 1,300 sf mtm tenant paying $1,750 mo.+ utilities, would sign extended lease

Other expenses available upon request

Adding Value Through

Professional Real Estate Services

8 Thurlow Terrace

Albany, NY

FOR

SALE

AVAILABLE FOR SALE

PRICE REDUCED!

$995,000

845,000

Page 3: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

FOR MORE INFORMATION

PLEASE CONTACT

FEATURES

LOCATION

Bio-metric fingerprint access

Surveillance cameras

Maintained by 3rd party management company

Meticulous upkeep

Redundant fiber connection with Tech Valley and Time Warner

IT room with independent cooling

CDTA enclosed bus stop at end of street

Close to major hospitals and universities

Walking path at end of street for Washington Park

Private dead end street

Adding Value Through

Professional Real Estate Services

8 Thurlow Terrace

Albany, NY

FOR

SALE

Douglas Marr, CCIM Director of Brokerage Services

(518) 225-7608

[email protected]

Page 4: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

8 THURLOW TERRACE 1ST FLOOR—5,314 SF

Page 5: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

8 THURLOW TERRACE 2ND FLOOR—4,373 SF

Existing month to month tenant

1,300 sf

Page 6: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

8 THURLOW TERRACE

2.5ND FLOOR and 3RD FLOOR—Combined 2,550 SF

Page 7: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

8 THURLOW TERRACE BASEMENT—2,440 SF

Page 8: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

CARRIAGE HOUSE 1ST FLOOR—935 SF

Page 9: SALE Albany, NY€¦ · Modernized elevator that stops at all floors including basement Wet sprinkler system Multi-zoned HVAC and existing subdivision for multi tenancy configuration

CARRIAGE HOUSE 2ND FLOOR—470 SF