705 Broadway
705 Broadway, Albany, NY 12207
Offered for sale is ±1.24 acres with full approvals in place for:
•9-story office building, ±102,136 SF with retail on the first floor
•4-story multi-family building, 56 units, ±54,770 SF with retail on the first floor
•Parking for 76
Previous approvals were for a 134-unit multifamily building totaling 180,000 SF, inclusive of 14,000 SF of office and retail
Brownfield tax credits are transferrable to a purchaser. The tangible property credits for a non-manufacturing use are just over $14M. Any project must be placed in service by 12/31/2030
+Proximate to I-787 and the Albany Skyway, as well as many commercial users and amenities
+Current plans include 64 units (ranging from Studio to Two Bedrooms), and ±4,000 SF of retail on the first floor, plus second building with ±102,136 SF, 9-story office tower with retail on the first floor and ±76 parking spaces
+Previous plans included 134 units (ranging from Studio to Two Bedrooms), ±14,000 SF of first floor commercial space and ±64 parking spaces
+$14M+ in Tangible Property Credits available
+Contact Broker for additional information and details
Building Details
- For Sale $3,900,000
- Property Type Land
- Lot Size 1.24 Acre
- Zoning MU-DT
- Additional Rent Price on request
- Date Updated Aug 18, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
CBRE Upstate NY
Location
- City Albany, NY
- Neighborhood Sheridan Hollow
- Zip Code 12207
- Market Albany
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Walk score 84/100 Very Walkable -
Transit score 70/100 Excellent Transit -
Bike score 75/100 Very Bikeable
Points of Interest
Rensselaer Rail Station Taxi Stand
1.03 miles
Albany International Airport Taxi Stand
7.01 miles
Sunoco
0.19 miles
Stewart's
0.78 miles
pitStop
0.78 miles
Mobil
1.02 miles
Stewart's Shops
1.29 miles
Citgo
1.37 miles
Plaza 23 Truck Stop
1.41 miles
ChargePoint
2.12 miles
Market 32
2.26 miles
Tesla Supercharger
5.25 miles
Quackenbush Square Garage
0.12 miles
CDTA Lot
0.14 miles
Water Street State Parking Lot
0.15 miles
Broadway Lot at Orange
0.17 miles
N. Pearl St Lot at Sheridan
0.17 miles
The Kennedy
0.18 miles
628 Broadway Parking Garage
0.18 miles
Upstate Concert Hall Parking Garage
0.18 miles
Water Street Annex Parking Lot
0.25 miles
County of Albany Spruce Street Parking garage
0.28 miles
Hertz
0.39 miles
Ryder
0.52 miles
Enterprise
0.56 miles
Hoffman Car Wash
2.07 miles
Hy Speed Car Wash
2.69 miles
Wash Boss
2.70 miles
Golden Arrow Car Wash
3.21 miles
Hoffman Carwash
3.98 miles
Lovely Lucy's Auto Wash
4.07 miles
Mobil
4.17 miles
The Placery
0.06 miles
Common Roots Albany Outpost
0.07 miles
Angelo's 677 Prime
0.11 miles
Joey G's
0.15 miles
Yono's
0.20 miles
Ama Cocina
0.21 miles
The Hollow + Kitchen
0.22 miles
Blue 82
0.22 miles
Miranda's Deli
0.22 miles
Lidia's Pizza
0.22 miles
Market 32
1.02 miles
Save-A-Lot
2.23 miles
Honest Weight Food Co-op
2.36 miles
Target
2.51 miles
Walmart Supercenter
2.55 miles
ALDI
2.72 miles
Hannaford
2.81 miles
Asian Food Market
2.87 miles
TJ Maxx
2.99 miles
Town Squire Plaza
4.22 miles
Rite Aid
0.37 miles
Whitney M Young Community Health Center
0.49 miles
Empire State Plaza New York State Police
0.65 miles
Rensselaer Fire Station Number 2
0.65 miles
Albany Fire Department Arbor Hill
0.72 miles
Albany Police Department
0.82 miles
Central Ave Pharmacy
0.92 miles
Albany County Mental Health Clinic
0.97 miles
Albany Police Division Number 2
0.98 miles
Southend Firehouse
1.02 miles
Listing Summary
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What is the asking price at 705 Broadway?
705 Broadway is currently listed for sale at Price on request.
CBRE Upstate NY
