Albany, NY Office Space for Rent

Search 133 office listings in Albany, NY and find helpful local stats in the Market Overview section below.

7 Executive Centre Drive

7 Executive Centre Drive, Dunes, Albany, NY
Property

Office

36,780 SF
Availability

1 Space

1,822 SF
Year Built

1985
For Lease

$16.50/SF/YR
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Corporate Plaza

250 Washington Ave Extension, Dunes, Albany, NY
Property

Office

18,962 SF
Availability

2 Spaces

14,733 SF
Year Built

1984
For Lease Contact for pricing
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250 Washington Avenue Extension

250 Washington Avenue Ext, Dunes, Albany, NY
Property

Office

25,000 SF
Availability

2 Spaces

14,733 SF
For Lease

$17.50/SF/YR
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66 South Pearl Street

66 South Pearl Street, Downtown Albany, Albany, NY
Property

Office

170,000 SF
Availability

2 Spaces

41,399 SF
Year Built

1990
For Lease

$21.00/SF/YR
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30-32 North Russell Road

32 North Russell Road, Upper Washington, Albany, NY
Property

Office

61,920 SF
Availability

1 Space

28,210 SF
Year Built

1960
For Lease

$14.50/SF/YR
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Washington Center Medical Arts - 1365 Washington Avenue

1365 Washington Avenue, Eagle Hill, Albany, NY
Property

Office

80,736 SF
Availability

4 Spaces

26,552 SF
Year Built

1998
For Lease Contact for pricing
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5 Columbia Circle Drive

5 Columbia Circle Drive, Dunes, Albany, NY
Property

Office

57,035 SF
Availability Contact for availability
Year Built

1993
For Lease Contact for pricing
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Corporate Plaza

260 Washington Ave Extension, Dunes, Albany, NY
Property

Office

12,684 SF
Availability

2 Spaces

8,242 SF
For Lease Contact for pricing
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210 Washington Avenue Ext

210 Washington Avenue Ext, Dunes, Albany, NY
Property

Office

20,000 SF
Availability

3 Spaces

8,656 SF
Year Built

1998
For Lease

$17.75/SF/YR
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One Commerce Plaza

99 Washington Avenue, Sheridan Hollow, Albany, NY
Property

Office

746,052 SF
Availability

1 Space

12,670 SF
Year Built

1971
For Lease

$22.50/SF/YR
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13 Columbia Circle Dr

13 Columbia Circle Dr, Dunes, Albany, NY
Property

Office

21,050 SF
Availability Contact for availability
Year Built

1996
For Lease Contact for pricing
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30 South Pearl Street

30 South Pearl Street, Downtown Albany, Albany, NY
Property

Office

213,530 SF
Availability

1 Space

13,368 SF
Year Built

1986
For Lease Contact for pricing
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Corporate Plaza

254 Washington Ave Extension, Dunes, Albany, NY
Property

Office

12,726 SF
Availability Contact for availability

For Lease Contact for pricing
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41 State Street

41 State Street, Downtown Albany, Albany, NY
Property

Office

198,145 SF
Availability

1 Space

2,587 SF
Year Built

1968
For Lease

$17.00/SF/YR
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520 Livingston Avenue

520 Livingston Ave, West Hill Spirit, Albany, NY
Property

Office

21,710 SF
Availability

1 Space

21,710 SF
For Lease

$8.00/SF/YR
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The Hauf Building

175 Central Avenue, West Hill Spirit, Albany, NY
Property

Office

53,676 SF
Availability

3 Spaces

6,330 SF
Year Built

2001
For Lease

$12.00 - $12.75/SF/YR
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126 State Street

126 State Street, Downtown Albany, Albany, NY
Property

Office

30,888 SF
Availability

1 Space

11,000 SF
Year Built

1915
For Lease Contact for pricing
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Corporate Plaza

7 Executive Centre Drive, Dunes, Albany, NY
Property

Office

4,000 SF
Availability Contact for availability
Year Built

1987
For Lease Contact for pricing
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Corporate Plaza

264 Washington Ave Extension, Dunes, Albany, NY
Property

Office

12,946 SF
Availability Contact for availability
Year Built

1979
For Lease Contact for pricing
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54 State Street

54 State Street, Downtown Albany, Albany, NY
Property

Office

150,000 SF
Availability

9 Spaces

41,075 SF
Year Built

1991
For Lease Contact for pricing
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Office Space Rents in Albany, NY

Asking prices for office space in Albany vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.

Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C. For example, Albany space rated Class A averages $23.15 per square foot. Meanwhile, Class B space in Albany asks $16.69 per square foot, on average.

Overall, the average rent for office space in Albany is $19.46 per square foot. The maximum rental rate among listings for lease in Albany is $28.8 per square foot. Meanwhile, the minimum rental rate in Albany is $8 per square foot.

Average Office Rents by Property Class in Albany vs New York

Albany Class A & A+ Office Space

$23.15

New York Class A & A+ Office Space

$64.56

Albany Class B Office Space

$16.69

New York Class B Office Space

$36.62

Albany Class C Office Space

New York Class C Office Space

$45.97

Top Locations to Rent Office Space in Albany, NY

There is no one-size-fits-all answer as to what the best office space for rent location is in Albany. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.

However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors.

Key Factors to Consider when Choosing an Office Space for Rent in Albany, NY

The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.

Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.

A local breakdown by property class shows that about 38.16% of total office space listings in Albany are in properties rated class A. Class B space makes up 57.73% of total space available in Albany. Class C space listed for rent locally accounts for 3.54% of total opportunities on the local leasing market.

If considering quality space by property age, the Albany market is also a mixed bag in this respect. About 76.78% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 22.65% of the local market and adds up to a total of 627,176 square feet.

However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 0% of all office properties here are buildings that have been renovated at least once since 2000.

Albany, NY Office Space for Lease by Building Class

Class A
Class B
Class C

Albany, NY Office Property By Year Built

3

Before 1900

7

1900 - 1925

6

1925 - 1950

28

1950 - 1975

42

1975 - 2000

20

After 2000

Finding Office Space for Rent in Albany, NY Near You

If you have a certain point of interest in mind for renting an office in Albany, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.

Data was provided by CommercialEdge and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.

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