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Restaurant Space with Basement

113 State St, Albany, NY 12207

For Lease
New
Contact for pricing

Commercial Lease, Albany, NY

Space SizeContact for details
Days on Market4

Property Features for 113 State St

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Downtown
Standard status Active

Additional Details

Second-Generation Restaurant Yes
Listing Agency: REALTY ONE GROUP KEY
Listed By: Teresa Gitto · License NY #10401255608
Added: Nov 7 Last Checked: Nov 10 at 9:06AM
MLS# 12060699

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

Rey
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Investment Insights

Based on property information with market context.

Located at 113 State St in downtown Albany, this restaurant space has a main-level area and a full unfinished basement for storage or utilities. The building is served by forced-air heating, public water, and sewer.

Key Highlights

  • Main‑level restaurant space with a full unfinished basement
  • Basement provides storage or utility space
  • Forced‑air heating

Property Analytics

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

Current Use

Law Office of Ken ... Law Firm NYS Building & Construction ... Charitable Organization Ria's Bistro Take-out & Catering

Suggested Use

Top Pick Building Supply Skin Care Clinic Real Estate Agency Auto Parts Store Garden Center Storage Facility

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
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 87% Electronics 13%
Renaissance Albany Hotel Hotels & Casinos
6,703 visits/mo 0.1 miles
Hampton Inn & Suites Albany Downtown Hotels & Casinos
4,856 visits/mo 0.2 miles
Hyatt Place Hotels & Casinos
2,110 visits/mo 0.5 miles
Boost Mobile Electronics
2,019 visits/mo 0.4 miles

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
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Market

Properties on Market for Conventional restaurants in Albany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Main-level food-service space includes an unfinished basement, forced-air heating, and public water and sewer.
Where is this conventional restaurant located?
The property is located at 113 State St Albany, NY.
What are key features of this property?
This property features: Main‑level restaurant space with a full unfinished basement; Basement provides storage or utility space; Forced‑air heating
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