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Downtown Office Suites Building
For Lease
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69 State St, Albany, NY 12207

Multiple furnished and built-out office suites are available across select upper floors with 24/7 security.

Property Size2,869 SF
Days on Market953

Property Features for 69 State St

General Information

Standard status Active
Size 2,869 SF
Property subtype OFFICE
Lease Type SF/mo

Additional Details

Highway Access Yes

Amenities

24/7 security
co-working amenities
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Albany
Listed By: Peter Struzzi, SIOR · License #10301218917
Source: Moodyscre
Added: Dec 21, 2023 Changed: Jul 27 Last Checked: Jul 30 at 2:19PM

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 Cushman & Wakefield | Pyramid Brokerage - Albany

Investment Insights

Based on property information with market context.

This downtown office building offers multiple suites for lease on floors 3, 6, 7, 10, 11, and 14. Floors 6 and 7 are currently built out and ready for occupancy, while smaller furnished suites are available on floors 3, 11, and 14. The building also features expansive co-working amenities and 24/7 security.

The property is located on State Street in Downtown Albany, within walking distance of the State Capitol, MVP Arena, and Empire State Plaza. It is also steps from major bus lines and a short walk from AMTRAK rail lines.

With access to major thoroughfares including I-87, I-787, and I-90, the space is positioned for convenient commutes and client visits.

Key Highlights

  • Multiple office suites for lease on floors 3, 6, 7, 10, 11, and 14
  • Floors 6 and 7 are built out and ready for occupancy
  • Smaller furnished suites available on floors 3, 11, and 14

Property Analytics

Current Use

Empire Center for Public ... Charitable Organization Bank of America Private ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor Merrill Lynch Financial ... Financial Advisor

Suggested Use

Top Pick Skin Care Clinic Carpet & Flooring Store Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,879
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

$13.51 /SF/Yr
Avg Asking Price
$0.66–$25 /SF/Yr
Price Range
29,771 SF
Avg Space Size

This space is priced 92% above the average of $13.51 /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 - Multiple furnished and built-out office suites are available across select upper floors with 24/7 security.
Where is this office units located?
The property is located at 69 State St Albany, NY.
What is the lease rate?
The lease rate is $6,216 /Mo.
What are key features of this property?
This property features: Multiple office suites for lease on floors 3, 6, 7, 10, 11, and 14; Floors 6 and 7 are built out and ready for occupancy; Smaller furnished suites available on floors 3, 11, and 14
(518) 229-6795 Call to check price and availability
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