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Office Units with Street-Facing Windows
For Lease
$16 SF/Yr

1971-73 Western Avenue, Albany, NY 12203

Commercial Lease, Albany, NY

Space SizeContact for details
Lot Size2.68 Acres
Days on Market297

Property Features for 1971-73 Western Avenue

General Information

Property type Commercial Lease
Property subtype Office
Parking 140
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Route 155 to Route 20 Western Ave. Left on Western Ave, approx 1 mile down on Left behind BSNB.
Standard status Active
APN 013089 51.08-4-29.2
Lot size 2.68 Acres

Taxes and HOA fees

Tax Annual Amount 52000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

ample parking

Building Details

Year built 1990
Building materials Block
Roof type Flat
Listing Agency: Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
Listed By: Karen Zalewski-Wildzunas · License #10301219752
Added: Nov 25, 2025 Changed: Sep 12 Last Checked: Sep 18 at 10:06AM
MLS# 202530073

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.

Investment Insights

Based on property information with market context.

Office units at 1971-73 Western Avenue provide a flexible setting for office or service-based operations. Front-facing windows bring natural light into the space and give the premises a visible presence along Western Avenue. On-site parking supports access for clients and staff, while the layout can be adapted to operational requirements.

The property sits in Albany, NY, near retail, dining, and residential areas. The 2.68-acre property was built in 1990 and features block construction, a flat roof, natural gas heating, central air, public water, and public sewer. Its address along Western Avenue provides direct access to a well-traveled commercial corridor.

Key Highlights

  • Office units at 1971‑73 Western Avenue in Albany, NY
  • 2.68‑acre property with on‑site parking
  • Front‑facing windows provide natural light and street presence

Property Analytics

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Current Use

Markessinis Paul MD Physician FYI Investigative Group, ... Law Firm Pearl Landscaping & Patio ... Landscaping

Suggested Use

Top Pick Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience Store Storage Facility Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albany, NY

$14.27 /SF/Yr
Avg Asking Price
$1.65–$27 /SF/Yr
Price Range
51,069 SF
Avg Space Size

This space is priced 12% above the average of $14.27 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office space offers natural light, client parking, and access to nearby retail, dining, and residential areas.
Where is this office units located?
The property is located at 1971-73 Western Avenue Albany, NY.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Office units at 1971‑73 Western Avenue in Albany, NY; 2.68‑acre property with on‑site parking; Front‑facing windows provide natural light and street presence
More about this property
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