±11.29 Acres in Colonie, New York Up for Auction by U.S. General Services Administration
January 13, 2022
BOSTON – If you are looking for real estate in Albany County, New York, the U.S. General Services Administration (GSA) is auctioning off ±11.29 acres of vacant land. The online auction, which opened on December 27, 2021, is being conducted as part of GSA’s mission to deliver value and savings in real estate, acquisition, technology, and other mission support services across the government.
The site is:
- Located at 1130 Central Ave at the intersection of Central Ave and Osborne Road
- Vacant and ready for development
- Offered “AS IS” and “WHERE IS”
The Property is +/-11.29 acres of vacant land centrally located at the intersection of Central Avenue and Osborne Road in Colonie, NY. The property is bounded to the south by the Consolidated Rail Corporation. Neighboring properties include a mix of commercial and retail uses.
The mostly level property is improved with:
- Perimeter fencing
- Surface parking
- An interior gravel road
- A storm drain system and utility infrastructure
For additional information, prospective bidders are encouraged to read the Invitation for Bids at: https://realestatesales.gov/gsaauctions/aucdsclnk?sl=BOSTN
Those interested in bidding are required to register in advance and submit a $100,000 registration deposit. The starting bid will be $300,000 and bid increments will be $10,000.
Potential bidders are invited, urged and cautioned to inspect the Property prior to registering and submitting a bid. All inspections must be scheduled with the GSA Project Manager, Anthony Barbati.
For additional details, inquiries or to schedule an inspection please contact:
GSA Project Manager
The marketing and sales effort is being handled by GSA’s New England Region Real Property Utilization and Disposal Division. The division provides realty services to federal agencies throughout the region, as well as in New Jersey, New York, Ohio, Indiana, Illinois, Michigan, Minnesota, Wisconsin, Puerto Rico and the U.S. Virgin Islands.
GSA’s New England Region provides centralized procurement for the federal government by managing its real estate portfolio, products and services throughout Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
GSA provides centralized procurement for the federal government, managing a nationwide real estate portfolio of nearly 370 million rentable square feet and overseeing approximately $75 billion in annual contracts. GSA’s mission is to deliver the best value in real estate, acquisition, and technology services across government, in support of the Biden-Harris administration’s priorities. For more information, visit GSA.gov and follow us at @USGSA.