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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 multi-zone VAV, controlled building systems, and monitored fire protection.

Property Size5,580 SF
Days on Market71

Property Features for 1450 Western Ave

General Information

Standard status Active
Size 5,580 SF
Property subtype OFFICE
Listing Agency: Picotte Companies
Listed By: Tim McGuire
Source: Moodyscre
Added: May 22 Changed: Jul 25 Last Checked: Jul 30 at 2:36PM

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.

The property is a five-story steel and glass curtainwall office building with a multi-zone VAV system and a computerized controlled energy management system. Building security includes a card access system, and fire/life safety is supported by a full sprinkler and fire alarm system with monitoring. There are elevators including two passenger cars and one freight car, along with two bay loading docks for deliveries.

The building is operated with a full-time superintendent on site and includes ample parking in landscaped, well-lit adjacent parking areas. It is also described as minutes from shopping, restaurants, and residential neighborhoods near SUNY Albany.

Additional on-site amenities and services include a café and multiple fiber optic providers. Vehicle charging stations are available, and the property is supported by a cable-ready communications setup and controlled access.

Key Highlights

  • Five‑story steel and glass office building
  • Multi‑zone VAV system and computerized controlled energy management system
  • Full sprinkler/fire alarm system with monitoring

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

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 multi-zone VAV, controlled building systems, and monitored fire protection.
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; Multi‑zone VAV system and computerized controlled energy management system; Full sprinkler/fire alarm system with monitoring
(518) 465-4747 Call to check price and availability
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