Listing Agency: Pyramidbrokerage a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Jul 6 Last Checked: Aug 22 at 4:40AM

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Investment Insights

Based on property information with market context.

This Class A office space is situated within a small business park. The available suite offers 3,537 square feet of rentable space, comprising 5 to 6 private offices and a conference room, with the remaining area configured as an open bullpen. The space can be combined with adjacent suites to create a larger area. Common hallways, entryways, and restrooms are scheduled for refurbishment by the end of the year. The property is locally owned and managed.

Key Highlights

• Class A office space.
• Suite size of 3,537 +/- RSF.
• Includes 5‑6 private offices and a conference room.

Property Analytics

Property Profile

Current Use

Regional Emergency Medical ... Training Center Jacobs-Friedma Stacy P Medical Clinic Executive Mortgage Group ... Loan Service

Suggested Use

Top Pick Plumbing Service Bakery Carpet & Flooring Store Catering Service Cafe & Coffee Shop Restaurant

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

$2.18 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

78

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 4% 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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Class A office space in business park setting for lease.

Where is this office units located?

The property is located at 24 MADISON AV EXT Albany, NY.

What is the lease rate?

The lease rate is $14.50 SF/Yr.

What are key features of this property?

This property features: Class A office space.; Suite size of 3,537 +/- RSF.; Includes **5‑6 private offices and a conference room**.