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East Greenbush Office Sublease Opportunity
For Lease
$19 SF/Yr

33 Tech Valley Drive, East Greenbush, NY 12061

Sublease of 10,083 SF office space in East Greenbush.

Space SizeContact for details
Days on Market149

Property Features for 33 Tech Valley Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Albany
Listed By: Brooke Stack · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 19 at 8:01AM

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

Investment Insights

Based on property information with market context.

Available for sublease is approximately 10,083 square feet of office space, situated within a larger building of approximately 37,000 square feet located in the East Greenbush Technology Park. The sublease extends through June 2029. Constructed in 2018, the property features a natural wooded setting. The building includes one elevator and a parking lot with approximately 100 spaces. The location provides convenient access to the Marriott Residence Inn. The property is located approximately 0.6 miles from Troy Road (Route 4), a primary commercial thoroughfare with various commercial amenities. It is also approximately 1 mile from Exit 9 of I-90 and offers direct access to the NYS Thruway and Albany International Airport. The property is located off Route 4 to Mannix Road to Tech Valley Drive and is the last building on the right.

Key Highlights

  • Sublease through June 2029
  • Located in East Greenbush Technology Park
  • Proximity to Albany, NYS Thruway, and Albany International Airport

Property Analytics

Current Use

Nu-Tier Brands, Inc. Industrial Manufacturer Datto (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Auto Parts Store Hair Salon

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 12061, NY

9,404
Population
4,144
Households
2.3
Avg Household Size
44
Median Age
54%
College-Educated
95%
High-School Grad
20.1 sq mi
ZIP Area
468
Density / Sq Mi
$117,083
Median Household Income
$71,176
Median Earnings
$1,741
Median Rent
$311,300
Median Home Value

Market

Lease Benchmarks for East Greenbush, NY

$12.38 /SF/Yr
Avg Asking Price
$5.75–$19 /SF/Yr
Price Range
26,663 SF
Avg Space Size

This space is priced 54% above the average of $12.38 /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 - Sublease of 10,083 SF office space in East Greenbush.
Where is this office units located?
The property is located at 33 Tech Valley Drive East Greenbush, NY.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Sublease through June 2029; Located in East Greenbush Technology Park; Proximity to Albany, NYS Thruway, and Albany International Airport
More about this property
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