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    40 Steuben Pl Albany, NY 12207

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    For Lease
    $15 SF/Yr ($3,225 /Mo)

    2,580 SF storefront with high ceilings and visibility.

    Property size:
    2,580 SF
    Lot size:
    0.18 Acres

    Property Features for 40 Steuben Pl

    General Information

    Size
    2,580 SF
    Lot size
    0.18 Acres

    Source: NAI Platform Agent William "Felton" McLaughlin

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

    Overview

    Corner Retail Space Available

    This 2,580 square foot retail space is located on the first floor and features corner visibility at the intersection of North Pearl and Steuben Place. The space includes a 43-foot frontage with 16-foot ceiling heights and 8-foot high storefront glass windows facing both streets. The space will be delivered in vanilla box condition and is available for rent.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.75179
    Latitude
    42.651983

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    FAQs

    What type of property is this?
    Retail space - 2,580 SF storefront with high ceilings and visibility.
    Where is this retail space located?
    The property is located at 40 Steuben Pl Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High visibility corner location facing North Pearl and Steuben Place.; - 2,580 +/- SF of 1st-floor storefront retail space.; - **43' frontage with 16' ceiling heights.**
    (518) 428-1164
    Request Owner's contact information
    40 Steuben Pl Albany, NY 12207
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    Albany, NY 12207
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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
    40 Steuben Pl Albany, NY 12207
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