3 Watervliet Avenue Extension

Albany, NY 12206
  • $8,000,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 115,304

    SqFt

About the Listing o1813A - 38708,21757

Albany Plaza: +/-115,305 SF, 215-key economy hotel on +/-5.40 acres directly off I-90 (Everett Rd Exit 5) with 90,124 AADT and exceptional visibility. 9-story, fully sprinklered asset with 2 elevators and 300 parking spaces. Built 1972, renovated 2016. Features full-service restaurant & bar, 10,000+ SF meeting/event space, indoor & outdoor pools. Zoned MU-CH (Community Highway) offering significant repositioning or redevelopment potential. Former Ramada, now independently operated, non-union. Rare value-add hospitality opportunity offered at $8,000,000 ($69.38 PSF / $37,209 per key).

Listing Highlights

Status Active
Days on Site 7
Property Type Commercial Sale
MLS ® 202613486
Year Built 1972
Total Square Footage 115,304
Lot/Acreage 5.4
County Albany

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Road Frontage
  • Garage Capacity: N/A
  • Parking Spaces: 300
  • Lot Dimensions: 235224
  • Zoning: Commercial
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $185,351
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 53.76-1-3
  • Tax Year: N/A

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3 Watervliet Avenue Extension Albany, NY 12206

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Originating MLS: Global MLS

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