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Five-Story Office Building
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1450 Western Ave, Albany, NY 12203

Five-story steel and glass office building with parking, loading docks, and monitored fire protection systems.

Property Size2,778 SF
Days on Market1277

Property Features for 1450 Western Ave

General Information

Standard status Active
Size 2,778 SF
Elevators Yes
Property subtype OFFICE

Additional Details

Sprinkler System Yes

Amenities

full-time Superintendent on site
ample parking
vehicle charging stations
Café on premises
Card access system
2 bay loading dock
Computerized controlled Energy Management System
Multi-zone vav system
Multiple fiber optic providers

Building Details

Stories 5
Construction steel and glass curtainwall
Listing Agency: Picotte Companies
Listed By: Tim McGuire
Source: Moodyscre
Added: Jan 31, 2023 Changed: Jul 29 Last Checked: Jul 30 at 9:56AM

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 Picotte Companies

Investment Insights

Based on property information with market context.

1450 Western Avenue is a five-story steel and glass curtainwall office building designed for a controlled, serviced tenant experience. The property includes on-site full-time superintendent support, card access, a multi-zone VAV system, and a computerized energy management system. Building amenities include a café on premises and a full sprinkler and fire alarm system with monitoring. Access features include two passenger elevators and one freight elevator, along with two-bay loading dock service.

The property is located minutes from shopping, restaurants, and residential neighborhoods near SUNY Albany. Parking is available in landscaped, well-lit adjacent lots, and the site also includes vehicle charging stations.

For operational convenience, the building supports multiple fiber optic providers and provides a system for monitored life safety, with loading capacity via the two-bay dock configuration.

Key Highlights

  • Five‑story steel and glass office building at 1450 Western Avenue with landscaped, well‑lit adjacent parking areas
  • On‑site full‑time Superintendent and ample parking, including vehicle charging stations
  • 2 bay loading docks plus 2 passenger elevators and 1 freight elevator

Property Analytics

Current Use

MTX B2B Solutions ... Marketing & Advertising Christine M. Piraino, ... Physician New York State ... Association / Organization Manpower Employment Agency NYS Office of Addiction ... Government Office

Suggested Use

Top Pick Building Supply HVAC Service Hair Salon Furniture & Home Goods Daycare Center 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

Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value

Market

Lease Benchmarks for Albany, NY

$16.26 /SF/Yr
Avg Asking Price
$0.52–$22.66 /SF/Yr
Price Range
79,894 SF
Avg Space Size

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 building - Five-story steel and glass office building with parking, loading docks, and monitored fire protection systems.
Where is this office building located?
The property is located at 1450 Western Ave Albany, NY.
What are key features of this property?
This property features: Five‑story steel and glass office building at 1450 Western Avenue with landscaped, well‑lit adjacent parking areas; On‑site full‑time Superintendent and ample parking, including vehicle charging stations; 2 bay loading docks plus 2 passenger elevators and 1 freight elevator
(518) 465-4747 Call to check price and availability
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