Kayla Christman

3 Watervliet Avenue Extension, Albany, NY 12206

New - 1 Hour Ago
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Property Description

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).

3 Watervliet Avenue Extension | MLS# 202613486

This commercial property located at 3 Watervliet Avenue Extension, Albany, NY 12206 is currently listed for sale with an asking price of $8,000,000. Search Albany real estate on kayla-christman.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Heating: Other
Lot Size: 5.40 Acres
Roof Type: Rubber
Stories: 9.0
Taxes: $185,350
Year Built: 1972

Feature Descriptions

Association Amenities: None
Current Use: Hotel
Exterior: Steel Beam, Brick
Lot: Road Frontage
Lot Dimensions: 235224
Parcel #: 010100 53.76-1-3
Parking Total: 300
Parking Total: 300
Pool: In Ground, Indoor, Outdoor Pool
Sewer: Public Sewer
SQFT Building Total: *
Swimming Pool: Yes
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Carrow Real Estate Services LLC
Agency Phone: 1 518-462-7491

Shown By

Agent Name: Kayla Christman
Agent Phone: (518) 894-0177 Cell
Agency Title: Coldwell Banker Prime Properties

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