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    435 New Karner Rd Albany, NY 12205

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    For Lease
    $15 SF/Yr

    Class A office space for rent in Albany, NY.

    Property size:
    43,112 SF
    Lot size:
    2.45 Acres

    Property Features for 435 New Karner Rd

    General Information

    Standard status
    Active
    Size
    43,112 SF
    Lot size
    2.45 Acres

    Building Details

    Year built
    1986
    Source: Corcoran

    Listing Agent: Scott M Film

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Available

    Class A office space is available for rent in the new Karner Road business district. Multiple office spaces are available in various sizes. The property is located near the airport in Hanover Square. Utilities and janitorial services are included in the rental price of $15 per square foot. The property offers ample parking and a desirable tenant mix. It is centrally located within the Capital District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Dana Nevedal Psychologist Thayer Richard D ... Dental Clinic Del Giacco's Creative ... Mental Health Service Outdoor Security Cameras Security System Installation Service Ny State Bowling ... Association / Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8412709
    Latitude
    42.73893

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    FAQs

    What type of property is this?
    Office space - Class A office space for rent in Albany, NY.
    Where is this office space located?
    The property is located at 435 New Karner Rd Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Unheard of rental price of $15 per sq. ft. including utilities and janitorial services.; - Class A office space in a desirable Karner Road business district location.; - Close proximity to the airport.
    (518) 274-8001
    Request Owner's contact information
    435 New Karner Rd Albany, NY 12205
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    Albany, NY 12205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    435 New Karner Rd Albany, NY 12205
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