Building Details

Building Size 29,282 SF

Listing Agency: UC River City Realty a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #305619 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 15 Last Checked: Aug 20 at 4:40AM

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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 UC River City Realty

Investment Insights

Based on property information with market context.

This suburban office space, located parallel to Wolf Road in Albany, NY, offers 29,282 square feet of space. Renovations are scheduled to be completed by March 2024, with lobbies, hallways, stairwells, and second-floor bathrooms already finished. The property features a large pylon sign and a newly constructed parking lot, providing ample on-site parking.

Key Highlights

• All renovations completed by March 2024.
• Brand new parking lot with plenty of on‑site parking.
• Large Pylon Signage.**

Property Analytics

Property Profile

Current Use

Rupp Pfalzgraf LLC Law Firm Legal Project Inc Law Firm Capital District Tobacco-Free ... Public Health Department New York State ... Charitable Organization Finn Hospitality & Consulting Business Management Consultant

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store 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

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,119

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Albany, NY

$13.96 /SF/Yr

Avg Asking Price

$1.12–$30 /SF/Yr

Price Range

51,205 SF

Avg Space Size

This space is priced 15% above the average of $13.96 /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

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Frequently Asked Questions

What type of property is this?

Office units - Suburban office space with renovations completed by March 2024.

Where is this office units located?

The property is located at 24 Aviation Road Albany, NY.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: All renovations completed by March 2024.; Brand new parking lot with plenty of on‑site parking.; Large Pylon Signage.**