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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
Building Height
2 Stories
Typical Floor Size
10,368 SF
Building FAR
1.05
Lot Size
0.46 AC
Zoning
R2A

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-075-026-0003-012-000-0000
Land Assessment
$53,775
Improvements Assessment
$2,548,251
Total Assessment
$2,602,026
  • Listing ID: 29942504

  • Date on Market: 2023-11-01

  • Last Updated:

  • Address: 425 New Scotland Ave, Albany, NY 12208

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