print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Commercial Real Estate News

Best Western Hotel in Albany Sells for $12.35M

Promenande Management Expands Hospitality Portfolio
December 4, 2017
Lawrence-based management company Promenade Management has purchased the Best Western Hotel at 1228 Western Ave. in Albany, NY, for $12.35 million, or about $63,000 per room.

The five-story, 196-room hotel was constructed in 1976. The property sits on 5.8 acres and contains 303 parking spaces.

Please see CoStar COMPS #4067168 for more information on this transaction.
GET IN TOUCH        Contact CoStar News Team:

 Find us on 

Welcome To CoStar's
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News