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Schenectady Office Suites for Lease
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670 Franklin St, Schenectady, NY 12305

Two office suites available in Schenectady, layouts can be adjusted.

Space Size2,200 SF
Days on Market1191

Property Features for 670 Franklin St

General Information

Standard status Active
Size 2,200 SF
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 670 Franklin St Contact us

670 Franklin St $15.50/SF/Yr

Floor
1
Size
2,200 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE, Now
Sublease
No
- ±2,930 SF suite is currently built out with ten (10) private offices, a large...
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Listing Agency: CBRE | Albany
Listed By: John MacAffer · License #30FU0813144
Source: Moodyscre
Added: May 30, 2023 Changed: Aug 25 Last Checked: Aug 31 at 1:45AM

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.

Two noncontiguous office suites, approximately 2,930 square feet and 2,200 square feet, are available for lease on the first floor of a larger approximately 24,000 square foot building. The 2,930 square foot suite is built out with ten private offices, a large conference room, and a reception area. The 2,200 square foot suite includes eight private offices and a reception area; the large corner office has a private bathroom. Layouts can be adjusted. The base lease includes utilities and light janitorial services. Parking is available in a private lot next to the building, with a parking ratio of 5:1,000 square feet. The two-story building has one passenger elevator. The property is approximately 0.2 miles from State Street (Route 5), a primary commercial thoroughfare with many amenities. The Nott Street Terrace and Chapel Street bus stop is directly behind the building, serving routes 351, 354, and 370. Eateries within one mile include Villa Italia, The Nest, Vice and Virtue, Wolff’s Biergarten, The Whistling Kettle, Chez Nous, Moon and River Cafe, Stella Pasta Bar & Bistro, Morrettes King Steakhouse, Clinton’s Ditch Bar and Grill, and Centre Street Pub. The owner is offering one month free for each year of a new lease with a three-year minimum.

Key Highlights

  • One month free rent for each year of a new lease (minimum 3‑year lease).
  • Two office suites available: ±2,930 SF (10 private offices, conference room, reception) and ±2,200 SF (8 private offices, reception, corner office with private bathroom).
  • Base lease includes utilities and light janitorial services.

Property Analytics

Current Use

Better Community Neighborhoods, ... Charitable Organization Dalmata, Maloy & Burke, ... Law Firm James Tammaro, M.D. Ophthalmologist Robert J Stoddard ... Law Firm Buyer's Choice Realty ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Storage Facility Skin Care Clinic Building Supply Acupuncture Furniture & Home Goods

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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,205
Businesses Nearby

Demographics for 12305, NY

6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value

Market

Lease Benchmarks for Schenectady, NY

$12.19 /SF/Yr
Avg Asking Price
$2.08–$23.09 /SF/Yr
Price Range
11,748 SF
Avg Space Size

This space is priced 27% above the average of $12.19 /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
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Frequently Asked Questions

What type of property is this?
Office units - Two office suites available in Schenectady, layouts can be adjusted.
Where is this office units located?
The property is located at 670 Franklin St Schenectady, NY.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: One month free rent for each year of a new lease (minimum 3‑year lease).; Two office suites available: **±2,930 SF (10 private offices, conference room, reception) and ±2,200 SF (8 private offices, reception, corner office with private bathroom).**; Base lease includes utilities and light janitorial services.
(518) 452-2700 Call to check price and availability
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