Albany, NY Commercial Inventory Breakdown
Office Spaces
Total: 6,833,343 SF
By square footage range:
- 50k to 100k SF: 2,359,859 SF / 34.53% of total office
- 100k to 500k SF: 3,727,432 SF / 54.55% of total office
- 500k to 1M SF: 746,052 SF / 10.92% of total office
By class:
- Class A: 2,838,054 SF / 41.53% of total office
- Class B: 3,787,893 SF / 55.43% of total office
- Class C: 207,396 SF / 3.04% of total office
Top 10 Largest Office Buildings
in Albany
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| One Commerce Plaza | 99 Washington Avenue, 12210 | 746,052 | 1971 |
| Omni Plaza | 30 South Pearl Street, 12207 | 213,530 | 1986 |
| 1125 Broadway | 1125 Broadway, 12204 | 207,396 | 1930 |
| State Towers | 90 State Street, 12207 | 207,000 | 1930 |
| 1275 Broadway | 1275 Broadway, 12204 | 200,000 | 1946 |
| 41 State Street | 41 State Street, 12207 | 198,145 | 1968 |
| 41 State Street | 41 State Street, 12207 | 198,145 | 1968 |
| 80 State Street | 80 State Street, 12207 | 188,262 | 1984 |
| 677 Broadway | 677 Broadway, 12207 | 180,000 | 2004 |
| Capital District Physicians' Health Plan | 500 Patroon Creek Blvd, 12206 | 180,000 | 2001 |
Largest Office Properties Recently Completed
in Albany
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Albany Medical Center - 391 Myrtle Avenue | 391 Myrtle Avenue, 12208 | 135,000 | 2016 |
| 455 Patroon Creek Blvd | 455 Patroon Creek Blvd, 12206 | 42,000 | 2012 |
| Pinebush Medical Campus | 176 Washington Avenue Ext, 12203 | 38,512 | 2012 |
| Albany Medical Center - Surgeons Pavilion | 50 New Scotland Avenue, 12208 | 67,000 | 2011 |
| Albany Medical Center | 16 New Scotland Avenue, 12208 | 53,300 | 2009 |
| Albany Medical Center - Administrative Office Building | 22 New Scotland Avenue, 12208 | 77,000 | 2008 |
| First Niagara Regional Headquarters | 555 Patroon Creek Blvd, 12206 | 35,000 | 2008 |
| 300 Washington Avenue Ext | 300 Washington Avenue Ext, 12203 | 54,230 | 2007 |
| Patroon Creek Medical Arts | 400 Patroon Creek Blvd, 12206 | 161,000 | 2006 |
| 677 Broadway | 677 Broadway, 12207 | 180,000 | 2004 |
Frequently Asked Questions
How much does office space cost in Albany, NY?
The average office rental rate in Albany, NY is $16.08 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check Albany Office Market Trends for more stats.
What is the size of available office spaces in Albany, NY?
The Albany, NY office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 45,085 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Albany, NY is 169 square feet, while the maximum rentable space on the market now is 90,000 square feet.
How do I get office space in Albany, NY?
Start your search for office space in Albany, NY by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Albany, NY?
There are 132 office listings on the Albany, NY market. See all available office spaces for rent.
Where to rent an office space in Albany, NY?
Popular Albany neighbourhoods with available office spaces include Dunes, Downtown Albany and Sheridan Hollow.
What other property types are available for lease in Albany, NY?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
Albany Demographics
Population
- Total Population97,478
- Male Population(46.9 %) 45,708
- Female Population(53.1 %) 51,770
- Median Age30.90
Income/Financial
- Average Household Income$66,612
- Median Household Income$45,825
- Median Income Under 25$23,952
- Median Income 25-44$50,126
- Median Income 45-64$53,794
- Median Income Over 65$41,951