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Functional Laboratory Space in Rensselaer
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3 University Place, Rensselaer, NY

Subleasable lab space in the Capitol District's biomedical hub.

Property Size161,972 SF
Days on Market321

Property Features for 3 University Place

General Information

Standard status Active
Size 161,972 SF
Property subtype Office

Building Details

Building Size 161,972 SF
Listing Agency: Albany Office
Listed By: Peter W. Struzzi, SIOR · License #10301218917
Source: Pyramidbrokerage
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:49AM

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 Albany Office

Investment Insights

Based on property information with market context.

This fully functional laboratory space is available for immediate sublease and is situated in the heart of the Capitol District's biomedical hub. The lab spans three floors and can be subdivided, with each section secured by individual key fob access. The building includes a large common breakroom with a cafeteria, grab-and-go food options, and an outdoor patio. The location offers close proximity to Regeneron, Kinentia Bioscience, NY CREATES, and the UAlbany School of Public Health & Cancer Research Center. The property size is 161972 square feet.

Key Highlights

  • Fully functional laboratory space available for immediate sublease.
  • Located in the heart of the Capitol District's biomedical hub.
  • Lab spans three floors and can be subdivided.

Property Analytics

Current Use

Amri - Albany (East ... Laboratory

Suggested Use

Top Pick Dental Office Building Supply Restaurant Big Box & Wholesale Store Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Market

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
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Frequently Asked Questions

What type of property is this?
Office units - Subleasable lab space in the Capitol District's biomedical hub.
Where is this office units located?
The property is located at 3 University Place Rensselaer, NY.
What are key features of this property?
This property features: Fully functional laboratory space available for immediate sublease.; Located in the heart of the Capitol District's biomedical hub.; Lab spans three floors and can be subdivided.
More about this property
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