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    194 Washington Ave Albany, NY 12210

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    For Lease
    $15 SF/Yr ($5,500 /Mo)

    Multiple office suites and a retail space for lease.

    Property size:
    4,400 SF
    Lot size:
    0.44 Acres

    Property Features for 194 Washington Ave

    General Information

    Size
    4,400 SF
    Lot size
    0.44 Acres

    Source: Vanguard-Fine, LLC Agent Paul Bulmer

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

    Overview

    Office and Retail Spaces Available

    Multiple office suites and one retail space are available for lease in a large office building with a small retail presence on Lark Street. The property includes a parking garage for tenants and offers 24-hour access. Located in downtown Albany, the available spaces include 11,300 square feet on the 6th floor, 2,850 square feet on the 5th floor, 4,400 square feet on the 4th floor (available March 1st, 2024), 3,114 square feet on the 3rd floor, and a 900 square foot retail space fronting Lark Street.
    Location Intelligence

    Current Use by Public Records

    Public Utility Law ... Attorney Northeast Agribusiness and Feed ... Agricultural Association New York State ... Non-Profit Organization Mental Health Association ... Mental Health Service New York Association ... Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -73.762987
    Latitude
    42.656516

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    FAQs

    What type of property is this?
    Office space - Multiple office suites and a retail space for lease.
    Where is this office space located?
    The property is located at 194 Washington Ave Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Great location in Downtown Albany; - Private parking garage for tenants; - Multiple office suites available with varying square footage (11,300 sf, 2,850 sf, 4,400 sf, 3,114 sf)
    (518) 428-7178
    Request Owner's contact information
    194 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
    194 Washington Ave Albany, NY 12210
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