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Office Building Suites and Retail Spot
For Lease
$15 SF/Yr

194 Washington Avenue, Albany, NY 12210

Multiple office suites plus a retail spot in a large building with tenant parking and 24-hour access.

Space Size900 SF - 11,300 SF
Property Size103,200 SF
Days on Market55

Property Features for 194 Washington Avenue

General Information

Standard status Active
Size 900 SF - 11,300 SF
Class B
Property subtype Office/Retail
Lease Term $15 SF/yr (MG)

Building Details

Building Size 103,200 SF
Year Built 1950

Spaces For Lease

at 194 Washington Avenue Contact us

Office Space - 3rd Floor $15/SF/Yr

Size
3,114 SF
Type
Office Building
Term
Negotiable
Contact us

Office Space - 4th Floor $15/SF/Yr

Size
4,400 SF
Type
Office Building
Term
Negotiable
Contact us

Office Space - 5th Floor $15/SF/Yr

Size
2,850 SF
Type
Office Building
Term
Negotiable
Contact us

Office Space - 6th Floor $15/SF/Yr

Size
11,300 SF
Type
Office Building
Term
Negotiable
Contact us

Retail Space - Facing Lark Street $15/SF/Yr

Size
900 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Vanguard-Fine LLC
Listed By: Paul Bulmer · License #10491200498
Source: Vanguardfine
Added: Jun 25 Changed: Aug 8 Last Checked: Aug 18 at 6:04AM

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 Vanguard-Fine LLC

Investment Insights

Based on property information with market context.

This offering includes multiple office suites and one dedicated retail spot within a large office building that also maintains a small retail presence. Tenants can choose from office-focused layouts while retaining the option of a retail placement within the same overall property.

The building is positioned in downtown Albany and is supported by private parking. Access is available 24 hours for tenants, and the property includes a parking garage for tenant use.

For office tenants, the combination of multiple suite availability and on-site tenant parking supports day-to-day operations and after-hours access. The retail spot can be considered by users seeking placement in a building that already includes limited retail activity alongside office uses. The shared parking arrangement and 24-hour access may be especially useful for tenants who require consistent access beyond standard business hours.

Key Highlights

  • Large office building with multiple office suites available and one retail spot available
  • Small retail presence on Lark Street
  • Tenant parking garage on‑site

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Locksmith Auto Repair Shop

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,039
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.96 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
51,205 SF
Avg Space Size

This space is priced 7% above the average of $13.96 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Multiple office suites plus a retail spot in a large building with tenant parking and 24-hour access.
Where is this office units located?
The property is located at 194 Washington Avenue Albany, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Large office building with multiple office suites available and one retail spot available; Small retail presence on Lark Street; Tenant parking garage on‑site
More about this property
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