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    1 Columbia Cir Albany, NY 12203

    For Lease
    $16 SF/Yr

    Office building with multiple suites and ample parking available.

    Property size:
    68,872 SF
    Lot size:
    5.56 Acres

    Property Features for 1 Columbia Cir

    General Information

    Size
    68,872 SF
    Lot size
    5.56 Acres

    Source: CBRE | Albany Agent Tom Savino

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

    Overview

    Albany Office Space For Rent

    Under new ownership, this office building offers several suite sizes and the option for customized renovations. The property features one passenger elevator and abundant natural light, including multiple skylights. A total of approximately 339 parking spaces are available, equating to a ratio of 5.6 spaces per 1,000 square feet. The building is equipped with a 200 amp service and is fully handicap accessible. Convenient access is provided to UPS, USPS, and FedEx drop boxes, as well as CDTA transportation. The property has a total size of 68,872 square feet and is located in Albany, NY.
    Insight Report Location Intelligence

    Current Use by Public Records

    Solomon & Solomon Insurance Attorney WSP Engineering Consultant Office of Victim Services Social Services Organization Santacrose & Frary Law Firm National Health Care Social Services Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -73.8622821
    Latitude
    42.7036054

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    FAQs

    What type of property is this?
    Office building - Office building with multiple suites and ample parking available.
    Where is this office building located?
    The property is located at 1 Columbia Cir Albany, NY.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Suite sizes available or will renovate to suit; - Ample parking with ±339 spaces (5.6/1,000); - Lots of natural light including several skylights
    (518) 452-2700
    Request Owner's contact information
    1 Columbia Cir Albany, NY 12203
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    Albany, NY 12203
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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
    1 Columbia Cir Albany, NY 12203
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