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First Floor Office Space Available
For Lease
$14.50 SF/Yr

32 N Russell Road, Albany, NY

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

Space SizeContact for details
Property Size41,920 SF
Days on Market319

Property Features for 32 N Russell Road

General Information

Standard status Active
Size 41,920 SF
Property subtype Office
Lease Type SF/yr

Building Details

Building Size 41,920 SF
Listing Agency: John L. Scott Whidbey Island S
Listed By: Pyramid Brokerage Albany · License #200511039
Source: Pyramidbrokerage
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:44AM

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 John L. Scott Whidbey Island S

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Convenient location immediately off I‑90 exit ramp.
  • Ample on‑site surface parking.
  • Landlord will build to suit.

Property Analytics

Current Use

NorDutch Technologies, Inc. Tech Support Center Murdock Abstract Corporation Title Company Gifford Abstract Corporation Title Company

Suggested Use

Top Pick Real Estate Agency Nail Salon Building Supply Spa & Massage Center Big Box & Wholesale Store Garden 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

991
Businesses Nearby

Market

Lease Benchmarks for Albany, NY

$13.23 /SF/Yr
Avg Asking Price
$1.65–$25 /SF/Yr
Price Range
44,361 SF
Avg Space Size

This space is priced 10% above the average of $13.23 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - First floor office space with ample parking and build-out options.
Where is this office units located?
The property is located at 32 N Russell Road Albany, NY.
What is the lease rate?
The lease rate is $14.50 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.
More about this property
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