Building Details

Building Size 30,579 SF

Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #3146734 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 12 Last Checked: Aug 21 at 5:24AM

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Investment Insights

Based on property information with market context.

This office building offers space for lease. Janitorial services are included in the modified gross lease. The tenant is responsible for a pro rata share of utilities monthly and increases over the base year. The building is part of a larger tax lot, and taxes are divided on a pro rata share among all buildings in the parcel. The property offers 30579 square feet of space.

Key Highlights

• Modified gross lease for your convenience.
• Janitorial services are included.
• Tenant pays pro rata share of utilities monthly.

Property Analytics

Property Profile

Current Use

Bettigole Ellen MD Physician White Management Restaurant Transitions Social Service Agency Dr. Keri Hagenston Alternative Medicine Practice Niskayuna Community Foundation Charitable Organization

Suggested Use

Top Pick Law Firm HVAC Service Auto Repair Shop Hair Salon Spa & Massage Center Building Supply

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

Modified Gross

Lease Type

Location Intelligence

Trade Area within ½ mile

230

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Albany, NY

$17.23 /SF/Yr

Avg Asking Price

$13.5–$22.66 /SF/Yr

Price Range

52,093 SF

Avg Space Size

This space is priced 28% above the average of $17.23 /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

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Frequently Asked Questions

What type of property is this?

Office building - Office building for lease in Albany, New York.

Where is this office building located?

The property is located at 2 Tower Place Albany, NY.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: Modified gross lease for your convenience.; Janitorial services are included.; Tenant pays pro rata share of utilities monthly.