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Professional Office Suite with Parking
For Lease
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150 State St, Albany, NY 12207

5th-floor office suite includes reception, nine private offices, conference room, and kitchenette with daily janitorial.

Property Size3,176 SF
Days on Market875

Property Features for 150 State St

General Information

Standard status Active
Size 3,176 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Carrow Real Estate Services
Listed By: Rudy R. Lynch · License #10301200002
Source: Moodyscre
Added: Mar 8, 2024 Changed: Jul 26 Last Checked: Jul 31 at 3:21AM

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 Carrow Real Estate Services

Investment Insights

Based on property information with market context.

This 3,176-square-foot, 5th-floor professional office suite is configured with a reception area, (9) private offices, a conference room, and a kitchenette. The suite also includes an IT room/storage area, and daily janitorial services are included.

The location places the suite directly across from the NYS Capitol, Albany Convention Center, and the Marriott Renaissance Hotel.

The space is offered as an office suite with on-site covered parking, supporting a straightforward, professional setup for day-to-day operations.

Key Highlights

  • 3,176 SF 5th‑floor professional office suite
  • Reception area plus (9) private offices and conference room
  • Kitchenette and IT room/storage included

Property Analytics

Current Use

Sheridan Hohman & Associates Marketing & Advertising ILÚM Health Solutions Corporate Office ANA-New York Association / Organization MEMASI Architect Kearney Brown Realty Real Estate Agency

Suggested Use

Top Pick Building Supply Skin Care Clinic Real Estate Agency Auto Parts Store Garden Center Storage Facility

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,218
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 37% 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - 5th-floor office suite includes reception, nine private offices, conference room, and kitchenette with daily janitorial.
Where is this office units located?
The property is located at 150 State St Albany, NY.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: 3,176 SF 5th‑floor professional office suite; Reception area plus (9) private offices and conference room; Kitchenette and IT room/storage included
(518) 462-7491 Call to check price and availability
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