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    66 State St Albany, NY 12207

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    For Lease
    $15 SF/Yr

    Newly built retail or office space with high pedestrian traffic.

    Property size:
    19,068 SF
    Lot size:
    19,068 SF

    Property Features for 66 State St

    General Information

    Size
    19,068 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    State Street Retail/Office Space

    This newly built retail or office space is located on the first floor of The Apartments at 66 State Street. The space offers 2800 square feet of street-level area with a 60-foot frontage and brass doors at the main entrance. The MU-DT zoning permits various uses, including food service, tavern, salon/spa, medical, and general retail. The location benefits from high pedestrian traffic and an Average Annual Daily Traffic (AADT) of 8500. The landlord will deliver a vanilla box. Garage parking is available nearby in a landlord-owned garage. The property is located at 66 State Street, Albany, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Apartments at 66 State Apartment Complex Pendergast Marilyn A CPA Accountant Rosenbaum Jeffrey M ... Accountant Urbach Kahn & Werlin Accountant Zovistocki F Michael ... Accountant

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7523445
    Latitude
    42.6491259

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    FAQs

    What type of property is this?
    Retail space - Newly built retail or office space with high pedestrian traffic.
    Where is this retail space located?
    The property is located at 66 State St Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic street-level retail/office space with **60' frontage and prominent brass doors.**; - Flexible MU-DT zoning allows for a wide range of business types (food service, salon/spa, medical, etc.).; - Vanilla box delivery at $3546/mo NNN rental rate + $632/mo nets.
    (518) 465-1400
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    66 State St Albany, NY 12207
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    Albany, NY 12207
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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
    66 State St Albany, NY 12207
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