To make the sugar cookie syrup: Combine water, white sugar, and brown sugar in a small saucepan over medium heat.
Bring to a simmer and stir until the sugar is fully dissolved. Simmer for 5 minutes.
Remove from heat and stir in the vanilla, butter, and almond extracts. Let the syrup cool completely.
Brew 2 shots of blonde espresso into a small glass.
Fill a 16-ounce glass with ice cubes.
Add 2 tablespoons of the cooled sugar cookie syrup to the glass.
Pour the hot espresso shots over the syrup and ice.
Add the almond milk and stir well to combine.
Top with festive sprinkles and serve immediately.