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    32 N Russell Rd Albany, NY 12206

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    For Lease
    $14 SF/Yr

    First floor office space with ample parking and build-out options.

    Property size:
    41,920 SF
    Lot size:
    41,920 SF

    Property Features for 32 N Russell Rd

    General Information

    Size
    41,920 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    First Floor Office Space Available

    This first-floor office space is located directly off the main lobby and features numerous windows. The property includes substantial on-site surface parking. The landlord is willing to build to suit. Located next to a Price Chopper, Best Fitness, banks, and restaurants, the property is situated immediately off of an I-90 exit ramp. Daily janitorial services are included. The space can be subdivided. The property size is 41920 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NorDutch Technologies, Inc. Computer Service Murdock Abstract Corporation Title Company Gifford Abstract Corporation Title Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon 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
    -73.7910782
    Latitude
    42.6835481

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    FAQs

    What type of property is this?
    Office space - First floor office space with ample parking and build-out options.
    Where is this office space located?
    The property is located at 32 N Russell Rd Albany, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location immediately off I-90 exit ramp.; - Ample on-site surface parking.; - Landlord will build to suit.
    (518) 462-7491
    Request Owner's contact information
    32 N Russell Rd 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
    32 N Russell Rd Albany, NY 12206
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