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    1 Rapp Rd Albany, NY 12203

    Sponsored
    For Lease
    $1.00 SF/Yr

    COMMERCIAL - Albany, NY

    Type:Office
    Property size:
    5,380 SF
    Lot size:
    0.99 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 1 Rapp Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    APN
    010100 52.6-2-17
    Parking
    13
    Basement
    Finished
    Size
    5,380 SF
    Lot size
    0.99 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1995
    Building materials
    Brick

    Realty One Group Key (518) 630-5360 [email protected]

    Listing agent Teresa R Gitto (518) 225-3689 License #10401255608

    Listing date Jan 2, 2026

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albany Office Space For Rent

    This commercial property in Albany, New York, offers approximately 3000 square feet of space, situated in close proximity to Colonie and Guilderland, with visibility from Washington Avenue Extension. The layout includes nine rooms, a conference room, a kitchenette, and two bathrooms. Ample parking is available. The property is located on a lot with a size of 0.99 acres. The total property size is 5380 square feet. The lease term is offered as a three-year agreement with a gross rent plus utilities. The monthly rent is $1800 for the first year, $2100 for the second year, and $2400 for the third year. The property is priced as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A & R De Thomasis ... General Contractor Elaine Sullivan, MSPT Physical Therapist Cristina Fortier, PTA Physical Therapist Kathleen Daily, LPN Occupational Therapist Mary E. Schultz, ... Physical Therapist

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.851146
    Latitude
    42.698264

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    FAQs

    What type of property is this?
    Office space - Office space in Albany, close to Colonie/Guilderland.
    Where is this office space located?
    The property is located at 1 Rapp Rd Albany, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Albany with **high visibility on Washington Ave Extension**, near Colonie/Guilderland.; - Spacious +/-3000 SF layout with **9 rooms, conference room, and kitchenette**.; - Ample parking available.
    (518) 225-3689
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Rapp Rd Albany, NY 12203
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