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    1873 Western Ave Albany, NY 12203

    For Lease
    $1.00 SF/Yr ($2,798 /Mo)

    High-profile executive and medical building with extensive parking and modern amenities.

    Property size:
    33,587 SF
    Lot size:
    33,587 SF

    Property Features for 1873 Western Ave

    General Information

    Size
    33,587 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Executive and Medical Building For Rent

    This high-profile executive and medical building offers extensive outdoor accessible parking, with executive garage parking also available. The bright, spacious suite includes a large reception area connected to a kitchenette/breakroom, a large conference room, and seven private offices. A mezzanine level features open space, a large conference room, two private offices, a kitchenette, and a private restroom. An outdoor picnic/lunch area is available. The tenant is responsible for paying for electricity, gas, water, sewer, and janitorial services. The building is fully handicap accessible and equipped with an emergency generator. A signaled traffic intersection provides easy access to and from Western Avenue. The property can be expanded into Suite #200 for an additional 5,720 rentable square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Faisal Muhammad Rafiq Psychiatrist IT TechStop Computer Repair Service Alwakfi Omar M ... Dentist Dr. Sandra Tricomi Physical Therapist Mackenzie Trevellyan Physical Therapist

    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
    -73.873101
    Latitude
    42.693265

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    FAQs

    What type of property is this?
    Office building - High-profile executive and medical building with extensive parking and modern amenities.
    Where is this office building located?
    The property is located at 1873 Western Ave Albany, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Extensive outdoor accessible parking and executive garage parking.; - Bright, spacious suite with large reception area and kitchenette/breakroom.; - Fully handicap accessible building with emergency generator.
    (518) 458-7113
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    1873 Western Ave Albany, NY 12203
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    Albany, NY 12203
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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
    1873 Western Ave Albany, NY 12203
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