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Prime Albany Office Space Available
For Lease
$16 SF/Yr

1971-73 Western Avenue, Albany, NY 12203

COMMERCIAL - Albany, NY

Space SizeContact for details
Lot Size2.68 Acres
Days on Market252

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

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: May 14 Last Checked: Aug 4 at 12:06AM
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.

Located along a highly traveled corridor in the Capital Region, this available office space at 1971 Western Ave in Albany, NY, offers visibility and accessibility. The property provides a professional setting suitable for various office or service-based tenants. The space features a flexible layout that can be adapted to meet operational needs. Large, front-facing windows provide natural light and street presence. Ample parking is available for clients and staff. The property is located minutes from retail, dining, and residential neighborhoods, providing traffic and accessibility. The property is designed to support growth.

Key Highlights

  • Exceptional visibility and strong street presence on a highly traveled corridor.
  • Ample parking for clients and staff.
  • Flexible layout adaptable to various business needs.

Property Analytics

Current Use

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

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Repair Shop 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

Market

Lease Benchmarks for Albany, NY

$13.23 /SF/Yr
Avg Asking Price
$1.65–$25 /SF/Yr
Price Range
44,361 SF
Avg Space Size

This space is priced 21% above the average of $13.23 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Highly visible office space for rent in Albany, New York.
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: Exceptional visibility and strong street presence on a highly traveled corridor.; Ample parking for clients and staff.; Flexible layout adaptable to various business needs.
More about this property
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