Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Albany Office Space for Lease Title is generated by Realmo AI

    210 Washington Avenue Extension, Albany, NY 12203

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $17 SF/Yr $5,413/Mo (calc)

    First floor office suites available in Albany's Pine Bush District.

    Type:Office
    Property size:
    3,712 SF
    Added:
    Mar 25, 2026
    Days on Market:
    55
    Last Refresh:
    Mar 18 at 7:51 am

    Property Features for 210 Washington Avenue Extension

    General Information

    Standard status
    Active
    Size
    3,712 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Brooke Stack
    Brooke Stack

    Listing agent Brooke Stack License #Associate Real Estate Broker

    Listing office CBRE | Albany

    Listing date Mar 25, 2026

    Source Cbre

    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

    HighLights

    • Class A office space in owner‑occupied building.
    • Excellent location with easy access to I‑87 and I‑90.
    • Multiple suites available with flexible sizes (±1,355 SF and ±2,357 SF).
    • Fiber optic telecommunications options available.
    • Convenient to UAlbany, Fuller Road, Western Avenue and Route 155.
    • Access to EV Charging stations.

    Overview

    Multiple first-floor office suites are available for lease within a two-story, Class A office building. The building, with a total area of approximately 20,385 square feet, is owner-occupied and situated in the Pine Bush District of Albany. Available suites include one suite of approximately 1,355 square feet and another of approximately 2,357 square feet. The property is located at the southeast corner of Washington Avenue Extension and Executive Center Drive in Albany, with convenient access to I-87 and the New York State Thruway (I-90) via the Fuller Road interchange (exit 2), approximately 1 mile east. The location is near the Teresian House and across from Home Depot, with proximity to UAlbany, Fuller Road, Western Avenue, and Route 155. The building features LED lighting and FOB access. The space can be subdivided. Telecommunications services, including fiber options, are provided by Verizon, Time Warner, and First Light. The building has a gas-fired hot air heating system and central air conditioning. There is a daycare within walking distance and access to Pine Bush walking trails. Existing tenants include CBRE Upstate NY, American Energy Care, and Sono Bello. Access to EV Charging stations is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Energy Care ... Electrical Service LaMarche Safranko Law ... Law Firm The Calareso Law Firm, ... Law Firm TOS Systems Inc (Bike/Boat/Book/etc) Store AEC Solar Production Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8565967
    Latitude
    42.7031976

    Nearby Similar for Lease

    • $1,650/Mo
      3,796 SF

      Downtown Albany Storefront Opportunity

      Premium brick-front space in prime downtown location for rent.
      402 Broadway, Albany, NY 12207
      View Details
    • $1,775/Mo
      1,500 SF

      Albany Commercial Space For Rent

      Versatile commercial space ideal for warehousing, light industrial, distribution.
      4J Vatrano Road, Albany, NY 12205
      View Details
    • $4,600/Mo
      15,044 SF

      Central Avenue Flex Space Available

      Flex space for lease on Central Avenue in Albany, NY.
      1995 Central Avenue, Albany, NY 12205
      View Details
    • $1,600/Mo
      1,600 SF

      Albany Commercial Space For Lease

      Commercial space for lease in Albany, New York.
      347 South Pearl Street, Albany, NY 12202
      View Details
    • $1,300/Mo
      15,044 SF

      Retail Space on Central Avenue

      Affordable retail space with ample parking on busy Central Avenue.
      1995 Central Avenue, Albany, NY 12205
      View Details
    • $2,300/Mo
      15,044 SF

      Retail Space on Central Avenue

      Affordable retail space with high traffic and flexible lease terms.
      1995 Central Avenue, Albany, NY 12205
      View Details
    • $14 SF/Yr
      46,080 SF

      Central Avenue Mixed-Use Retail Space

      Highly visible retail space on a busy Albany corridor.
      97 Central Avenue, Albany, NY 12206
      View Details
    • $900/Mo
      6,560 SF

      Albany Office or Retail Space

      Office or retail space available near Northway in Albany, NY.
      1531 Central, Albany, NY 12205
      View Details
    • $20 SF/Yr
      4,988 SF

      Retail Space Near Crossgates Mall

      Retail property near Crossgates Mall, high traffic, easy access.
      1650 Western Avenue, Albany, NY 12203
      View Details
    • $1,600/Mo

      Retail Space in SUNY Corridor

      Retail space with street visibility and steady foot traffic.
      215 Western Ave, Albany, NY 12203
      View Details
    • $2,200/Mo
      2,908 SF

      Retail Space with Private Parking

      1700 sq ft retail space with parking in Albany.
      1316 Central Avenue, Albany, NY 12205
      View Details
    • Sponsored
      Contact for pricing

      NY, Albany - Central Ave

      175 Central Ave, Albany, NY 12206
      View Details

    FAQs

    What type of property is this?
    Office units - First floor office suites available in Albany's Pine Bush District.
    Where is this office units located?
    The property is located at 210 Washington Avenue Extension Albany, NY.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Class A office space in owner‑occupied building.; Excellent location with easy access to I‑87 and I‑90.; Multiple suites available with flexible sizes (±1,355 SF and ±2,357 SF).
    (518) 727-0862
    We can help!
    Listing Contact
    Brooke Stack
    Brooke Stack
    Real Estate License ID: Associate Real Estate Broker
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    210 Washington Avenue Extension, Albany, NY, 12203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!