Sharon FronkRealtor® · Howard Hanna
LoadingActive
New Listing
$1,199,000
251 New Karner Road
Colonie, NY 12205 · Albany County
3Baths
17,976Sq Ft
1.50 acresLot Size
1982Year Built
$67Per Sq Ft
Est. P&I $6,063/moGet pre-qualified
Commercial New today
MLS# 202625292 Updated just now
Sharon’s Take
This 17,976-square-foot office building in Colonie sits on 1.50 acres and offers a strong 11.7% cap rate with established tenants already in place. Built in 1982 and recently updated with EPDM roofing, newer HVAC systems, and LED lighting throughout, the property includes three bathrooms and connects to public water. Located in the Capital District's most accessible suburb, the building has direct highway access, proximity to the restaurant corridor along Wolf Road, and the Pine Bush Preserve nearby.
Sharon Fronk · Howard Hanna Capital Region
About this property
11.7% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water.
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Colonie sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$67
Days on market
New today
Fresh listing
Year built
1982
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsProperty details
20 facts pulled straight from the MLS listing.
Overview
Property TypeCommercial
Sub-TypeOffice
Year Built1982
StatusActive
MLS Number202625292
ListedSeptember 2, 2026
Interior
Bathrooms3
Living Area17,976 sq ft
Interior Features
BasementHigh Speed InternetCeramic Tile BathCentral AirForced AirNatural GasTileCarpetLaminate
Exterior & Lot
Lot Size1.50 acres
Exterior Features
Off StreetPavedPrivate
Building & Construction
Construction
BrickDrywall
Financial
List Price$1,199,000
Price per Sq Ft$67
Est. Monthly P&I$6,063/mo
Location
CountyAlbany
School DistrictSouth Colonie
Listing Details
Listed ByScott M Film of Scott Film Realty LLC
Data SourceSpark Platform / Global MLS
Last UpdatedSep 2, 2026
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- Start251 New Karner Road, Colonie, NY 12205
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Schools
The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
South Colonie
Assigned school district
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
About Colonie, NY
Colonie is in Albany County, NY. There are currently 102 active listings here, ranging from $45,000 to $5,200,000. Listings in this address fall under the South Colonie school district. Priced 142% above the Colonie median of $494,650.
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Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Scott Film Realty LLC · Listed by Scott M Film (703)
Contact: 518-369-7654
MLS #202625292 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.
