Building Details

Year Built 1969

Listing Agency: KW PLATFORM Show Phone

Listed By: MYA CHRYSOGELOS · License #10401405495 Show Phone

Source: Corcoran

Added: Oct 15 Changed: Oct 19 Last Checked: Oct 19 at 5:00AM

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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 KW PLATFORM

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Property Analytics

Current Use

Metroland Business Machines Postal Service Optimum Staffing Inc Employment Agency TestAmerica (Albany) Service ... Laboratory Eurofins Service Center- ... Sustainability Organization Custom Crafters NY Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Restaurant Cafe & Coffee Shop 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

$0.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

980

Businesses Nearby

Explore this area Business Placement

Demographics for 12205, NY

27,168

Population

12,061

Households

2.3

Avg Household Size

45

Median Age

36%

College-Educated

94%

High-School Grad

15.4 sq mi

ZIP Area

1,764

Density / Sq Mi

$89,270

Median Household Income

$54,184

Median Earnings

$1,405

Median Rent

$264,200

Median Home Value

Market

Lease Benchmarks for Albany, NY

$14.82 /SF/Yr

Avg Asking Price

$1.65–$30 /SF/Yr

Price Range

50,335 SF

Avg Space Size

This space is priced 86% below the average of $14.82 /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

Where is this office unit located?

The property is located at 25 Kraft Avenue #Unit 1 Albany, NY.

What is the lease rate?

The lease rate is $2,100/Mo.