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ACTIVE
$5,200,000
1 / 11
Est. Monthly
$24,648/MO
$5,200,000
16 Avis Drive, Colonie, NY
53,528 SqFt2.8 Acres
GREAT INVESTMENT OPPORTUNITY for a warehouse in EXCELLENT CONDITION with NYS as a LONG-TERM TENANT, over 30 years at this location, with a newly signed 10 year lease. All increases in operating expenses and taxes above base year are covered by tenant. 7% CAP rate. Warehouse roof replaced in 2026.
StatusActive
Property TypeCommercial Sale
Property SubtypeIndustrial
Year Built1972
Est. Monthly Payment
$24,647.87
%
%
yr
Private Mortgage Insurance
Not required
Affordability Checkoptional
$
Property Details
Property Information
Status
Active
Property Type
Commercial Sale
Property Subtype
Industrial
Year Built
197254 years ago
Tax History
Estimated values, may not reflect current amounts.
- Annual Tax Amount$73,193
- School Taxes$50,904
- Town/County Taxes$22,519
Property History
- Listed for saleAug 21, 2026 • GLOBAL MLS • 202624511$5,200,000
Mortgage Calculator
Estimated monthly payment for this property
$24,647.87
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$
Private Mortgage Insurance
Not required — down payment above 20%
MLS Information
- SourceGlobal MLS
- MLS#202624511
- Listing OfficeHanna Commercial
- Last Updated11 hours ago
Climate & Systems
- HeatingForced Air
Interior Features
- Flooring
- Carpet
- Concrete
- Vinyl
Parking
- Parking FeaturesPaved
- Parking Spaces54
Lot & Grounds
- Lot Size2.8 acres
Type
- Property TypeCommercial Sale
- Property SubtypeIndustrial
Structure
- ConstructionBlock
- RoofOther
Condition
- Year Built1972
- WaterPublic
- SewerPublic Sewer
- Electric
- 200+ Amp Service
- Three Phase
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