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    111 Washington Ave Albany, NY 12210

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    For Lease
    $1.00 SF/Yr ($8,630 /Mo)

    Retail and office spaces near government buildings.

    Property size:
    103,568 SF
    Lot size:
    103,568 SF

    Property Features for 111 Washington Ave

    General Information

    Size
    103,568 SF
    Source: Pyramidbrokerage

    Listing Agent: Pyramid Brokerage Albany

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

    Overview

    Prime Retail and Office Location

    This property offers a superior location suitable for retail and office use. It is situated steps away from the Capital, Courts, and City Hall, making it ideal for law firms, lobbyists, and associations. The building features co-working memberships and includes an onsite deli and parking facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Business Council of New ... Chamber Of Commerce Dickinson & Avella PLLC Consultant Harding Mazzotti, LLP Personal Injury Attorney Railroads of New York Railroad Company Life Insurance Council ... Government Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing 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
    -73.7596874
    Latitude
    42.6553203

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    FAQs

    What type of property is this?
    Office space - Retail and office spaces near government buildings.
    Where is this office space located?
    The property is located at 111 Washington 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: - Superior retail location near the Capital, Courts, and City Hall.; - High concentration of law firms, lobbyists, and associations in the building.; - Onsite deli.
    (518) 452-2700
    Request Owner's contact information
    111 Washington Ave Albany, NY 12210
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    Albany, NY 12210
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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
    111 Washington Ave Albany, NY 12210
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