Downtown Albany Corner Retail
For Lease
$11 SF/Yr
40 Steuben Street, Albany, NY 12207
Prime retail space in downtown Albany with high visibility.
Space SizeContact for details
Property Size80,415 SF
Days on Market158
Property Features for 40 Steuben Street
General Information
Standard status
Active
Size
80,415 SF
Property subtype
Retail
Building Details
Building Size
80,415 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Apr 3
Changed: Sep 6
Last Checked: Sep 6 at 3:48AM
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 retail space offers approximately 2,580 square feet in downtown Albany. Situated on the corner of North Pearl Street and Steuben Street, the property benefits from high visibility and large storefront windows. The location is easily accessible from I-787 and is surrounded by government offices and a strong residential population. Formerly the Steuben Market, the space offers flexible use potential for various retail applications.
Key Highlights
- Prime downtown Albany location at the corner of North Pearl and Steuben Street.
- High visibility with large storefront windows.
- +/- 2,580 sf of retail space.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,787
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 64%
Shops & Services 26%
Electronics 9%
Renaissance Albany Hotel
Hotels & Casinos
6,703 visits/mo
0.2 miles
Sunoco
Shops & Services
5,588 visits/mo
0.4 miles
Hampton Inn & Suites Albany Downtown
Hotels & Casinos
4,856 visits/mo
0.1 miles
Hyatt Place
Hotels & Casinos
2,110 visits/mo
0.3 miles
Boost Mobile
Electronics
2,019 visits/mo
0.4 miles
Demographics for 12207, NY
2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value
Market
Lease Benchmarks for Albany, NY
$14.13 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
8,832 SF
Avg Space Size
This space is priced 22% below the average of $14.13 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in downtown Albany with high visibility.
Where is this retail space located?
The property is located at 40 Steuben Street Albany, NY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Prime downtown Albany location at the corner of North Pearl and Steuben Street.; High visibility with large storefront windows.; +/- 2,580 sf of retail space.
