Two-Story Office
For Lease
Contact for pricing
3 Marcus Blvd, Albany, NY 12205
Two-story office building with passenger elevator, stair access, and substantial parking while renovations are underway.
Space Size31,960 SF
Days on Market124
Property Features for 3 Marcus Blvd
General Information
Standard status
Active
Size
31,960 SF
Total Parking Spaces
100
Elevators
Yes
Property subtype
OFFICE
Lease Type
Modified Gross
Building Details
Stories
2
Spaces For Lease
at 3 Marcus Blvd
3 Marcus Blvd
$17/SF/Yr
Floor
Bldg
Size
31,960 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- ±100 parking spaces
- One (1) passenger elevator and two staircases
- Two story building with many possible configurations
- Property currently undergoing renovations
Contact us
Listing Agency:
CBRE | Albany
(518) 452-2700
Listed By:
Dan Simpson · License #30SI0855145
(303) 260-4434
Source:
Moodyscre
Added: Jun 29
Changed: Oct 26
Last Checked: Oct 30 at 2:28PM
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 CBRE | Albany
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Investment Insights
Based on property information with market context.
This two-story office building offers many possible configurations for a range of office users. The property includes one passenger elevator and two staircases to support day-to-day access across floors. The building is currently undergoing renovations, offering the opportunity to align the space with current operating needs.
Parking is a major convenience point, with approximately 1,100 parking spaces available for occupants and visitors.
With its flexible layout and active renovation work, the building can be a practical option for tenants looking for an adaptable office setting supported by multiple circulation options and parking capacity.
Parking is a major convenience point, with approximately 1,100 parking spaces available for occupants and visitors.
With its flexible layout and active renovation work, the building can be a practical option for tenants looking for an adaptable office setting supported by multiple circulation options and parking capacity.
Key Highlights
- Approximately 1,100 parking spaces
- One passenger elevator plus two staircases
- Two‑story office building with many possible configurations
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
949
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$16.94 /SF/Yr
Avg Asking Price
$12.35–$25 /SF/Yr
Price Range
61,565 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with passenger elevator, stair access, and substantial parking while renovations are underway.
Where is this office building located?
The property is located at 3 Marcus Blvd Albany, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Approximately 1,100 parking spaces; One passenger elevator plus two staircases; Two‑story office building with many possible configurations
