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    400 Patroon Creek Blvd Albany, NY 12206

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    For Lease
    $1.00 SF/Yr ($15,000 /Mo)

    Medical space for rent on Albany's Washington Avenue Medical Corridor.

    Property size:
    180,000 SF
    Lot size:
    180,000 SF

    Property Features for 400 Patroon Creek Blvd

    General Information

    Size
    180,000 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    Medical Space on Washington Avenue

    Medical space is available for rent, with sizes ranging from 1,000 to 26,000 square feet. The property is located on Washington Avenue Medical Corridor in Albany, offering accessibility to major area hospitals and Albany International Airport within 15 minutes. The location is near local healthcare providers. The property features an on-site cafe serving breakfast, lunch, and gourmet coffee, renovated common areas, on-site parking, and property management. The space can be subdivided and built to suit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Calder Christopher MD Doctor Student Health Services Urgent Care Center LabCorp Medical Laboratory FedEx Drop Box Mailing Service Nischala Ammannagari, MD Oncologist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8032725
    Latitude
    42.6838405

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    FAQs

    What type of property is this?
    Medical office - Medical space for rent on Albany's Washington Avenue Medical Corridor.
    Where is this medical office located?
    The property is located at 400 Patroon Creek Blvd 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: - Prime medical space on Albany's Washington Avenue Medical Corridor.; - Easy access to major hospitals and Albany International Airport (less than 15 minutes).; - Flexible space options: 1,000 to 26,000 square feet, will subdivide and build to suit.
    (518) 462-7491
    Request Owner's contact information
    400 Patroon Creek Blvd Albany, NY 12206
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    Albany, NY 12206
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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
    400 Patroon Creek Blvd Albany, NY 12206
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