425 New Scotland Ave | Albany, NY 12208
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- LoopNet Team
425 New Scotland Ave
Albany, NY 12208
St. Peter's Health Partners Medical Associate · Office Property For Sale
Investment Highlights
- Consisting of approximately 15,800 rentable square feet, the single-tenant MOB is 100% leased to St. Peter’s Health Partners Medical Associates
- The weighted average remaining lease term of the building is 8.9 years
- The MOB is strategically placed near the intersection of several major highways
- St. Peter’s is affiliated with three (3) full-service hospitals in the region, which collectively consist of 874 licensed beds
- The building was converted for medical use in 2011
- The Property is also situated near the Albany Medical Center
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
20,736 SF
Building Class
B
Year Built/Renovated
1924/2020
Tenancy
Single
Number of Floors
2
Typical Floor Size
10,368 SF
Building FAR
1.05
Lot Size
0.46 AC
Zoning
R2A
PROPERTY TAXES
| Parcel Number | 010100-075-026-0003-012-000-0000 | Improvements Assessment | £1,402,343 |
| Land Assessment | £29,593 | Total Assessment | £1,431,936 |
PROPERTY TAXES
Parcel Number
010100-075-026-0003-012-000-0000
Land Assessment
£29,593
Improvements Assessment
£1,402,343
Total Assessment
£1,431,936
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