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Two-Building Office Property
For Sale
$10,899,000

145 State Street, Albany, NY 12207

Two office buildings offer a substantial combined footprint with central air and an on-site parking garage.

Property Size104,535 SF
Price / SF$104.26
Days on Market33

Property Features for 145 State Street

General Information

Standard status Active
Size 104,535 SF
Total Parking Spaces 102
Property subtype Commercial

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Vision Real Estate Services LLC
Listed By: Tyler Fronte · License #NY10491211547
Source: Signatureonerealtygroup
Added: Jul 25 Changed: Aug 25 Last Checked: Aug 26 at 9:42AM

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 Vision Real Estate Services LLC

Investment Insights

Based on property information with market context.

This office property includes two buildings totaling approximately 104,535 square feet. Central air is among the interior features, and multiple capital improvements have been completed. The site also includes a 102-space parking garage, providing dedicated parking for the office operation.

Located at 146 State Street in downtown Albany, the property sits directly across from the New York State Capitol Building. The Albany Convention Center and Renaissance Albany Hotel by Marriott are also identified among the nearby downtown destinations. The offering combines a large office footprint, on-site parking, and a central Albany address.

Key Highlights

  • Two office buildings totaling approximately 104,535 square feet
  • 102‑space on‑site parking garage
  • 146 State Street, Albany, NY 12207

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Skin Care Clinic Real Estate Agency Auto Parts Store Big Box & Wholesale 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,093
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

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 - Two office buildings offer a substantial combined footprint with central air and an on-site parking garage.
Where is this office building located?
The property is located at 145 State Street Albany, NY.
What is the asking price?
The asking price for this property is $10,899,000.
What are key features of this property?
This property features: Two office buildings totaling approximately 104,535 square feet; 102‑space on‑site parking garage; 146 State Street, Albany, NY 12207
More about this property
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