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219 Central Ave NW
Albuquerque, NM 87102

$1,300,000 - $1,750,000 USD

Apartments Condos For Sale  •  8,082+ SF

Property Details

  • Property Type Apartments
  • Total Building Size 77,833 SF
  • Lot Size 0.33 AC
  • Building Class B
  • Year Built 1922
  • Tenancy Multiple
  • Zoning MX-FB-UD
52 Transit Score
95 Walk Score

2 Units Available

Name Condo Use Size Price Details
7th Floor - Unit Floor Office 8,082 SF $1,300,000 USD
  • Unit Size: 8,082 SF
  • Condo Use: Office
  • Price: $1,300,000 USD
  • Sale Type: Investment
  • Price/SF: $160.85 USD
Description
• Condominium sale - 7th floor
• Abundance of windows
• All utilities, heating, and cooling included
• Building’s cooling system provides cold and hot water for unit fan coils
• Multifamily is highest and best use
• Ideally located in Albuquerque’s downtown business district, off of historic Route 66
• ± 8,000 SF roof top deck with 360 degree city views and open air balconies available to all tenants
• Exceptionally secure with on site security and key card access
• Attached breeze way access to adjacent 3rd Street parking garage
• Unique architectural features that provide an unmatched level of ambiance and sophistication unlike any other building in the city
• 25 fully leased apartments located in the building along with occupied office and retail tenants (not included in the offering)

2nd Floor - Unit Floor Office 9,446 SF $1,750,000 USD
  • Unit Size: 9,446 SF
  • Condo Use: Office
  • Price: $1,750,000 USD
  • Sale Type: Investment
  • Price/SF: $185.26 USD

Description

Originally designed by Henry Charles Trost, of El Paso’s Trost and Trost Architectural Firm, The Banque Lofts blends urban life with contemporary design while maintaining the original business renaissance style of the early 1920s. Completed with palladian style windows and masterfully crafted medallions and pilasters, this architectural marvel became an Albuquerque landmark in 1979. It became historically known as the First National Bank building. The Banque Lofts was Albuquerque’s first skyscraper built originally in 1921, and it’s still one of the tallest structures on the city’s famed downtown Central Ave, part of the original Route 66. Today it holds a distinguished place in the Albuquerque skyline

• Condominium sale - 2nd & 7th floor
• Abundance of windows
• All utilities, heating, and cooling included
• Building’s cooling system provides cold and hot water for unit fan coils
• Multifamily is highest and best use
• Ideally located in Albuquerque’s downtown business district, off of historic Route 66
• ± 8,000 SF roof top deck with 360 degree city views and open air balconies available to all tenants
• Exceptionally secure with on site security and key card access
• Attached breeze way access to adjacent 3rd Street parking garage
• Unique architectural features that provide an unmatched level of ambiance and sophistication unlike any other building in the city
• 25 fully leased apartments located in the building along with occupied office and retail tenants (not included in the offering)

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Downtown Albuquerque (Rail Runner Express - New Mexico Rail Runner Express) 0 min 4 min 0.2 mi
Montaño Station (NMRX - Rio Metro Regional Transit District) 10 min - 4.2 mi
AirportDriveWalkDistance
Albuquerque International Sunport 24 min - 9.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Terrie Hertweck 505-228-8818 Colliers New Mexico
Terrie Hertweck 505-228-8818 Colliers New Mexico