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3 Watervliet Avenue Extension

Albany, NY 12206
  • $8,000,000
  • STATUS: Active
  • MLS #: 202613486
UPDATED: 42 min ago
$8,000,000
  • 0
    BEDS
  • 5.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 115,304
    SQFT
  • $69
    $/SQFT
Type:
Commercial
Built:
1972
County:
Area:

School Ratings & Info

Description

Albany Plaza: +/-115,305 SF, 215-key economy hotel on +/-5.40 acres directly off I-90 (Everett Rd Exit 5) with 90,124 AADT and exceptional visibility. 9-story, fully sprinklered asset with 2 elevators and 300 parking spaces. Built 1972, renovated 2016. Features full-service restaurant & bar, 10,000+ SF meeting/event space, indoor & outdoor pools. Zoned MU-CH (Community Highway) offering significant repositioning or redevelopment potential. Former Ramada, now independently operated, non-union. Rare value-add hospitality opportunity offered at $8,000,000 ($69.38 PSF / $37,209 per key).

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© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-04-10T10:12:06.017.
www.heerrealty.com/homes/174209497
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3 Watervliet Avenue Extension Albany, NY 12206

  • Price: $8,000,000
  • Status: Active
  • On Site: Days
  • Updated: 42 min ago
  • MLS #: 202613486
0
Beds
0
Baths
0
½ Baths
5.4
Acres
115,304
SQFT
$69
$/SQFT
1972
Built
County:
Albany
Area:
Albany
Property Description
Albany Plaza: +/-115,305 SF, 215-key economy hotel on +/-5.40 acres directly off I-90 (Everett Rd Exit 5) with 90,124 AADT and exceptional visibility. 9-story, fully sprinklered asset with 2 elevators and 300 parking spaces. Built 1972, renovated 2016. Features full-service restaurant & bar, 10,000+ SF meeting/event space, indoor & outdoor pools. Zoned MU-CH (Community Highway) offering significant repositioning or redevelopment potential. Former Ramada, now independently operated, non-union. Rare value-add hospitality opportunity offered at $8,000,000 ($69.38 PSF / $37,209 per key).
Exterior Features

Architectural Style [] Construction Materials Steel BeamBrick Door Features [] Exterior Features [] Fencing [] Foundation Details [] Lot Features Road Frontage Other Structures [] Parking Features [] Parking Total 300 Patio And Porch Features [] Pool Features In GroundIndoorOutdoor Pool Roof Rubber View [] Waterfront Features [] Waterfront YN No

Interior Features

Basement [] Cooling Central Air Cooling YN Yes Flooring [] Heating Other Heating YN Yes Interior Features []

Property Features

Accessibility Features [] Association Amenities None Association Fee Includes [] Association YN No Current Use Hotel Electric [] Horse Amenities [] Listing Terms [] Other Equipment [] Property Sub Type Hotel-Motel Security Features [] Sewer Public Sewer Special Listing Conditions [] Tenant Pays [] Utilities [] Water Source Public Zoning Commercial

Listing information © 2026 Global MLS.
Listing provided courtesy of Amber Hensley of Carrow Real Estate Services LLC: 518-462-7491.



© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-04-10T10:12:06.017.
 
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