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Two-Story Office Building Suites
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120 Broadway, Albany, NY 12204

Multiple office and storage suites are available in a larger two-story building with second-floor and lower-level space.

Property Size496 SF - 960 SF
Days on Market1262

Property Features for 120 Broadway

General Information

Standard status Active
Size 496 SF - 960 SF
Net Rentable 496 SF
Total Parking Spaces 50
Elevators Yes
Property subtype OFFICE
Lease Type SF/yr

Space & Availability

Available Space 496-960 SF
Space Use Office

Building Details

Stories 2
Building Size 22,304 SF
Listing Agency: CBRE | Albany
Listed By: Tom MacClarence · License #10301211707
Source: Moodyscre
Added: Feb 15, 2023 Changed: Jul 29 Last Checked: Jul 30 at 8:25AM

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.

A selection of office and storage suites is available for lease within a larger two-story office building totaling 22,304 SF. Suites include second-floor options of 1,550 SF, 1,800 SF, and 1,617 SF, along with lower level office or storage space of 1,960 SF and 1,496 SF.

The building includes 50 parking spaces and one passenger elevator for tenant access. Heating is provided via a gas hot air heating system.

Broadway (Route 32) is described as a north/south commuting route and business services corridor, supporting convenient day-to-day access for office users and visitors.

Key Highlights

  • 22,304 SF two‑story office building with multiple lease suites
  • Second‑floor suites: 1,550 SF, 1,800 SF, and 1,617 SF
  • Lower level office or storage: 1,960 SF and 1,496 SF

Property Analytics

Current Use

Budget Man Dumpsters ... Car Dealership The Law Office of James ... Law Firm Laurie Campito Law ... Law Firm Jeffrey L Zimring ... Law Firm Aurora, Inc. Insurance Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Pharmacy Auto Parts Store Building Supply

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby

Demographics for 12204, NY

7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
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 11% below 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multiple office and storage suites are available in a larger two-story building with second-floor and lower-level space.
Where is this office units located?
The property is located at 120 Broadway Albany, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 22,304 SF two‑story office building with multiple lease suites; Second‑floor suites: 1,550 SF, 1,800 SF, and 1,617 SF; Lower level office or storage: 1,960 SF and 1,496 SF
(518) 452-2700 Call to check price and availability
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