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.
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.
Real time and historical data on commercial real estate listings in Albany.
Get email notifications when new listings are posted that match your requirements.