Source: United States General Services Administration
April 6, 2022
BOSTON – The U.S. General Services Administration (GSA) has set Tuesday, May 3, 2022, as the soft close date for the online auction of approximately 11.29-acres of vacant land in Colonie, New York.
More information on auction closing rules can be found at: https://go.usa.gov/xzH86
The online auction is part of GSA’s ongoing efforts to dispose of excess properties, saving taxpayer dollars and making more efficient use of the government’s real estate assets.
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”
Property Details
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
To view a video of the property, visit: https://www.youtube.com/watch?v=NAU8EbkC3ks
Auction Details
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:
Anthony Barbati
GSA Project Manager
Phone: 617-459-6776
Fax: 617-565-5720
Anthony.Barbati@gsa.gov
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.
About GSA:
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 value and savings in real estate, acquisition, technology, and other mission-support services across government, in support of the Biden-Harris Administration’s priorities. For more information, visit GSA.gov and follow us at @USGSA.