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Downtown Retail Space
For Lease
$800/Mo

111 State Street, Albany, NY 12207

Flexible interior offers an office or retail configuration in downtown Albany.

Space Size1,100 SF
Property Size6,720 SF
Days on Market1051

Property Features for 111 State Street

General Information

Standard status Active
Size 1,100 SF
Net Rentable 1,100 SF

Space & Availability

Available Space 1,100 SF
Contiguous Space 1,100 SF
Space Use Office

Taxes and HOA fees

Annual Taxes $31,018

Building Details

Building Size 6,720 SF
Year Built 1914
Buildings 1
Listing Agency: Coldwell Banker Commercial Prime Properties
Listed By: Teresa R Gitto
Source: Chadmajewski
Added: Dec 22, 2023 Changed: Nov 4 Last Checked: Nov 6 at 3:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Prime Properties

Rey
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Investment Insights

Based on property information with market context.

This retail space at 111 State Street offers approximately 1,100 square feet for office or retail use. The building dates to 1914, providing a defined setting for a tenant to arrange the space around its operations.

Located in downtown Albany, the property is available for rent.

Key Highlights

  • Approximately 1,100 square feet available for office or retail use
  • Located at 111 State Street in downtown Albany
  • Building constructed in 1914

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Third Floor Studios Film Production Lynch & Hetman Law Firm

Suggested Use

Top Pick Skin Care Clinic Building Supply Carpet & Flooring Store Garden Center Electrical Service Pet Grooming 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

Location Intelligence

Trade Area within ½ mile

4,208
Businesses Nearby

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
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

$13.87 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
9,649 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Albany, NY

$13.56 Jul
$13.68 Aug
$15.07 Sep
$13.57 Oct

Properties on Market for Retail space in Albany

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Flexible interior offers an office or retail configuration in downtown Albany.
Where is this retail space located?
The property is located at 111 State Street Albany, NY.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: Approximately 1,100 square feet available for office or retail use; Located at 111 State Street in downtown Albany; Building constructed in 1914
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