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Albany Office Space for Rent
For Lease
$12.50 SF/Yr

341 Clinton Avenue, Albany, NY 12206

Office space available in Albany's Arbor Hill neighborhood.

Property Size1,265 SF
Days on Market109

Property Features for 341 Clinton Avenue

General Information

Standard status Active
Size 1,265 SF
Property subtype Office
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Apr 15 Changed: Jul 10 Last Checked: Jul 31 at 2:52AM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

This property offers approximately 1,265 square feet of office space located in the Arbor Hill neighborhood of mid-town Albany, at the corner of Henry Johnson Boulevard and Clinton Avenue. The property is owned and operated by a municipal housing authority. It features a lobby and reception area, five private offices, a small conference room, an in-suite bathroom, a kitchenette, and a large additional storage room. A restricted covenant is in place, requiring the property's use to be exclusively for not-for-profit purposes.

Key Highlights

  • Approximately 1,265 square feet of office space.
  • Five private offices.
  • Includes a lobby and reception area.

Property Analytics

Current Use

Trinity Institution Association / Organization Snug Outreach Association / Organization

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Carpet & Flooring Store Skin Care Clinic Butcher

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,081
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.51 /SF/Yr
Avg Asking Price
$0.66–$25 /SF/Yr
Price Range
29,771 SF
Avg Space Size

This space is priced 7% below the average of $13.51 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space available in Albany's Arbor Hill neighborhood.
Where is this office units located?
The property is located at 341 Clinton Avenue Albany, NY.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Approximately 1,265 square feet of office space.; Five private offices.; Includes a lobby and reception area.
More about this property
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