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219 Central Ave NW - Sunrise Bank

8,082 - 9,446 SF Office Condo Units Offered at $1,300,000 - $1,750,000 Per Unit in Albuquerque, NM 87102

Executive Summary

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 Facts

Price $1,300,000 - $1,750,000
Unit Size 8,082 - 9,446 SF
No. Units 2
Total Building Size 77,833 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 8
Typical Floor Size 8,038 SF
Year Built 1922
Lot Size 0.33 AC
Opportunity Zone Yes

2 Units Available

Unit Floor

Unit Size 8,082 SF
Price $1,300,000
Price Per SF $160.85
Condo Use Office
Sale Type Investment
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)

Unit Floor

Unit Size 9,446 SF
Price $1,750,000
Price Per SF $185.26
Condo Use Office
Sale Type Investment
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code MX-FB-UD
MX-FB-UD
  • Listing ID: 25066818

  • Date on Market: 2/16/2022

  • Last Updated:

  • Address: 219 Central Ave NW, Albuquerque, NM 87102

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