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    3 University Pl Rensselaer, NY 12144

    For Lease
    Contact for pricing

    Three-floor lab space in Capitol District's biomedical hub.

    Property size:
    31,752 SF
    Lot size:
    26.62 Acres

    Property Features for 3 University Pl

    General Information

    Size
    31,752 SF
    Lot size
    26.62 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Albany Agent Peter Struzzi, SIOR

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

    Overview

    Functional Lab Space for Sublease

    This fully functional laboratory space is available for immediate sublease and is located in the heart of the Capitol District's biomedical hub. The lab spans three floors and can be subdivided, each with individual key fob security. The building features a large common breakroom with cafeteria, grab and go food, and an outdoor patio. It is in close proximity to Regeneron, Kinentia Bioscience, NY CREATES, and the UAlbany School of Public Health & Cancer Research Center. The property size is 31752 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Amri - Albany (East ... Laboratory

    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
    Rensselaer
    County
    Rensselaer
    State
    New York
    Longitude
    -73.739845
    Latitude
    42.627335

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    FAQs

    What type of property is this?
    Office space - Three-floor lab space in Capitol District's biomedical hub.
    Where is this office space located?
    The property is located at 3 University Pl Rensselaer, NY.
    What are key features of this property?
    This property features: - Fully functional laboratory space available for immediate sublease.; - Located in the heart of the Capitol District's biomedical hub.; - Lab spans three floors and can be subdivided.
    (518) 229-6795
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    3 University Pl Rensselaer, NY 12144
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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.

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    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.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    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
    3 University Pl Rensselaer, NY 12144
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