Albany Commercial Real Estate

284 Lark St - Entire Building Center Square, Albany, NY taxes: $4,999
Aug 31
2,740
sqft
For Sale Retail
79 N Pearl St - Entire Building Downtown Albany, Albany, NY taxes: $60,000
Aug 31
25,000
sqft
For Sale Mixed Use Office Other
15 Corporate Cir - Entire Building Dunes, Albany, NY Close Highway.
Aug 19
75,000
sqft
For Sale Office
311 State St - Entire Building Central Avenue, Albany, NY  
Aug 19
6,070
sqft
For Sale Office Retail
107 Second Ave - Entire Building Second Avenue, Albany, NY  
May 16
3,780
sqft
For Sale Industrial
246 New Scotland Ave - Entire Building Helderberg, Albany, NY taxes: $7,745
Apr 24
2,060
sqft
For Sale Mixed Use Office
144 Quail St - Space Central Avenue, Albany, NY  
Apr 19
3,500
sqft
For Sale Retail

Albany

Market Report

Number of Listings
Posted in the last 90 days
23
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,920

Albany Rates

The typical asking rate per listing is in the $10's per square foot per year. The Albany region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.

Albany Listing Supply

In the last 90 days, 339 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available space in the Albany are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,920 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1966 and are Class A.

Albany Community

Market Data

Real time and historical data on commercial real estate listings in Albany.
Research