Building Details

Building Size 30,000 SF

Listing Agency: Intervest Realty Group a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #0106781 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 17 Last Checked: Aug 21 at 4:19AM

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Investment Insights

Based on property information with market context.

The available property is a second-floor office space featuring a separate entrance. The interior includes an exposed brick wall and ample glass elements. The space is offered as a build-to-suit opportunity.

Key Highlights

• Separate Entrance
• Second Floor Office Space
• Exposed Brick Wall

Property Analytics

Property Profile

Current Use

Scheuermann & Scheuermann, LLP Law Firm Smith Dominelli & Guetti, ... Law Firm MLMIC Insurance Company Financial Advisor Fager Amsler Keller ... Law Firm

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Hair Salon

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

$2.54 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

414

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Albany, NY

$13.96 /SF/Yr

Avg Asking Price

$1.12–$30 /SF/Yr

Price Range

51,205 SF

Avg Space Size

This space is priced 21% above the average of $13.96 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Second floor office space with separate entrance and exposed brick.

Where is this office units located?

The property is located at 1031 Watervliet Shaker Road Albany, NY.

What is the lease rate?

The lease rate is $16.95 SF/Yr.

What are key features of this property?

This property features: Separate Entrance; Second Floor Office Space; Exposed Brick Wall