725 Broadway

Exceptional opportunity to acquire a +/-90,000 SF Class A office building in Downtown Albany. Built in 1999, the four-story property features efficient +/-22,500 SF floor plates, a traditional office buildout with private offices, open work areas and numerous conference rooms, plus a full cafeteria, fitness center and locker rooms. The property includes a 392-space gated parking lot (4.36 spaces/1,000 SF), two passenger elevators, one freight elevator and a loading dock. Excellent visibility from I-787 with approximately 88,000 vehicles per day and convenient interstate access. Situated on +/-4.0 acres with MU-CU zoning and adjacent to the recently constructed Hyatt Place. Expansive views of the Hudson River and Downtown Albany. Offered at $8,489,000 ($94.32/SF), significantly below replacement cost.