# 409 New Karner Road, Albany, NY 12205 > **TL;DR:** commercial, $779,999 ($70/sqft), built 1993, 11,200 sqft. > A/C. Est. $4,171/mo. Listed 19 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $779,999 | | Price/sqft | $70 | | Square Feet | 11,200 | | Year Built | 1993 | | Lot Size | 32,234 sqft (0.74 acres) | | Stories | 2 | | Property Type | Commercial (Office) | | Status | Active | | Days on Market | 19 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,944 | | Estimated Insurance | $227 | | **Total** | **$4,171** | ## Key Amenities - A/C ## Property Highlights - Built in 1993 - 0.74 acre lot - 2 stories - 46 parking spaces ## Description ### Agent Description Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. ## Location - **Address:** 409 New Karner Road, Albany, NY 12205 - **County:** Albany - **Coordinates:** 42.735753, -73.845772 - **Google Maps:** https://www.google.com/maps?q=42.735753,-73.845772 ## Listing Agent - **Name:** Philip Sabatino · **License:** 10401299525 - **Brokerage:** Howard Hanna Real Estate Services - **Broker Phone:** (518) 348-7100 ## Photos ![409 New Karner Road - Photo 1](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2102914301r.jpg) ![409 New Karner Road - Photo 2](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2582017542r.jpg) ![409 New Karner Road - Photo 3](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f1196897730r.jpg) ![409 New Karner Road - Photo 4](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3892868979r.jpg) ![409 New Karner Road - Photo 5](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2070351833r.jpg) ![409 New Karner Road - Photo 6](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2190487018r.jpg) ![409 New Karner Road - Photo 7](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f4150792199r.jpg) ![409 New Karner Road - Photo 8](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3702601966r.jpg) ![409 New Karner Road - Photo 9](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f1260085386r.jpg) ![409 New Karner Road - Photo 10](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f1889762171r.jpg) ![409 New Karner Road - Photo 11](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3843482044r.jpg) ![409 New Karner Road - Photo 12](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f4019355668r.jpg) ![409 New Karner Road - Photo 13](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f863661913r.jpg) ![409 New Karner Road - Photo 14](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3312965913r.jpg) ![409 New Karner Road - Photo 15](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f171068432r.jpg) ![409 New Karner Road - Photo 16](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2001416399r.jpg) ![409 New Karner Road - Photo 17](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f317002248r.jpg) ![409 New Karner Road - Photo 18](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f814260624r.jpg) ![409 New Karner Road - Photo 19](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2749838438r.jpg) ![409 New Karner Road - Photo 20](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f176200248r.jpg) ![409 New Karner Road - Photo 21](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3589842160r.jpg) ![409 New Karner Road - Photo 22](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3969807957r.jpg) ![409 New Karner Road - Photo 23](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2961333132r.jpg) ![409 New Karner Road - Photo 24](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f1869610241r.jpg) ![409 New Karner Road - Photo 25](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2870287926r.jpg) ![409 New Karner Road - Photo 26](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3568887085r.jpg) ![409 New Karner Road - Photo 27](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3441525261r.jpg) ![409 New Karner Road - Photo 28](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f2093114438r.jpg) ![409 New Karner Road - Photo 29](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f3077692279r.jpg) ![409 New Karner Road - Photo 30](http://lh.rdcpix.com/192b0f9081e2d9697b3de2c4c5f40badl-f698035522r.jpg) --- **MLS#:** 202627839 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/409-new-karner-road-albany-ny-12205-eeb1c01936064c738d17318cc7402709) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/409-new-karner-road-albany-ny-12205-eeb1c01936064c738d17318cc7402709#listing", "url": "https://staging.propertysimple.ai/listing/409-new-karner-road-albany-ny-12205-eeb1c01936064c738d17318cc7402709", "name": "409 New Karner Road, Albany, NY 12205", "description": "Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. 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