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Class A Office Sublease Opportunity
For Lease
$25 SF/Yr

677 Broadway, Albany, NY 12207

Downtown Albany Class A office space available for sublease.

Space SizeContact for details
Days on Market145

Property Features for 677 Broadway

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Albany
Listed By: Laurie Tylenda · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 16 at 12:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Albany

Investment Insights

Based on property information with market context.

Available for sublease is an approximately 10,156 square foot space, located on a portion of the 9th floor of a Class A office building. The building features a downtown location, a fine dining restaurant, deli, and on-site security. The space has a high-end build out completed in 2020 and is in like-new condition. Furniture is available. The sublease runs through January 31st, 2031. The property is located directly off I-787 Exit 4B, across the street from Wallenburg Park and the new Clinton Market Collective. A discounted parking deal has been negotiated with Quackenbush Garage. Other tenants in the building include Nixon Peabody, Charles Schwab, and Hodgson Russ.

Key Highlights

  • Class A office space in an unbeatable downtown location.
  • High‑end build out completed in 2020, in like‑new condition.
  • Sublease runs through January 31st, 2031.

Property Analytics

Current Use

David Juneau Law ... Law Firm Contino Victoria Law Firm Marangas Theresa Law Firm Scott A. Barbour Law Firm Wagner Bruce J Law Firm

Suggested Use

Top Pick Building Supply Skin Care Clinic Garden Center Auto Parts Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,409
Businesses Nearby

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value

Market

Lease Benchmarks for Albany, NY

$14.04 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
48,973 SF
Avg Space Size

This space is priced 78% above the average of $14.04 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Downtown Albany Class A office space available for sublease.
Where is this office units located?
The property is located at 677 Broadway Albany, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Class A office space in an unbeatable downtown location.; High‑end build out completed in 2020, in like‑new condition.; Sublease runs through January 31st, 2031.
More about this property
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