Downtown Albany Office Space
For Lease
$18.50 SF/Yr
40 Beaver Street, Albany, NY
Class A office space with exposed brick and high ceilings.
Space SizeContact for details
Property Size28,200 SF
Days on Market331
Property Features for 40 Beaver Street
General Information
Standard status
Active
Size
28,200 SF
Property subtype
Office
Building Details
Building Size
28,200 SF
Listing Agency:
Joan Pletcher, Realtor
(518) 489-9199
Listed By:
Pyramid Brokerage Albany · License #0609547
(518) 489-9199
Source:
Pyramidbrokerage
Added: Sep 25, 2025
Changed: Aug 18
Last Checked: Aug 20 at 4:46AM
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 Joan Pletcher, Realtor
Investment Insights
Based on property information with market context.
This Class A office space is located in downtown Albany, steps from capital buildings and the MVP Center. The unique office space features exposed brick and high ceilings, offering views of downtown Albany and the Hudson River. It provides easy access to I-90 and I-787. Interior garage parking is available, along with fitness center access at an adjacent building. The space, totaling 28,200 square feet, will be subdivided and built-to-suit.
Key Highlights
- Class A downtown office space in a prime location near capital buildings and MVP Center.
- Unique office space with exposed brick, high ceilings, and views of downtown Albany & the Hudson River.
- Easy access to I‑90 & I‑787.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,770
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 32% above the average of $13.96 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Class A office space with exposed brick and high ceilings.
Where is this office units located?
The property is located at 40 Beaver Street Albany, NY.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Class A downtown office space in a prime location near capital buildings and MVP Center.; Unique office space with exposed brick, high ceilings, and views of downtown Albany & the Hudson River.; Easy access to I‑90 & I‑787.
