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    22 Clinton Ave Albany, NY 12207

    For Lease
    $24 SF/Yr

    Renovated mixed-use building with office, retail, and restaurant space.

    Property size:
    16,966 SF
    Lot size:
    0.19 Acres

    Property Features for 22 Clinton Ave

    General Information

    Size
    16,966 SF
    Lot size
    0.19 Acres

    Source: BHHS - Blake REALTORS | Albany Agent Joseph Legnard

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

    Overview

    Downtown Albany Mixed-Use Building

    This recently renovated Class A mixed-use building is located in downtown Albany, directly across from The Palace Theater. The property, situated on approximately 0.21 acres, comprises two parcels. The building offers approximately 16,966 square feet of space across three stories plus a finished basement. The first floor features a restaurant space, formerly The Brown Derby, with existing restaurant infrastructure. The upper two floors consist of recently renovated Class A office space. The building includes a passenger elevator and is ADA accessible. There are 18 on-site surface parking spaces. The building is in excellent condition and very well maintained. The property is also available for lease at $24.00 per square foot modified gross plus utilities and janitorial.
    Insight Report Location Intelligence

    Current Use by Public Records

    Maguire Cardona, PC, ... Law Firm

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Law Firm 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
    -73.7508268
    Latitude
    42.6544068

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    FAQs

    What type of property is this?
    Office building - Renovated mixed-use building with office, retail, and restaurant space.
    Where is this office building located?
    The property is located at 22 Clinton Ave Albany, NY.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Recently renovated Class A mixed-use building in Downtown Albany.; - Prime location directly across from The Palace Theater.; - Restaurant infrastructure in place from former Brown Derby location.
    (518) 232-0697
    Request Owner's contact information
    22 Clinton Ave 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
    22 Clinton Ave Albany, NY 12207
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