Prime Office Building with
For Lease
Contact for pricing
41 State St, Albany, NY 12207
12-story office building with on-site amenities and convenient access.
Space Size2,346 SF - 15,506 SF
Property Size198,145 SF
Days on Market1264
Property Features for 41 State St
General Information
Standard status
Active
Size
2,346 SF - 15,506 SF
Class
B
Total Parking Spaces
90
Property subtype
Office, Retail
Lease Type
Modified Gross
Building Details
Building Size
198,145 SF
Year Built
1972
Tenancy
Multiple
Spaces For Lease
at 41 State St Contact us- Size
- 2,346 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 704
- Size
- 15,506 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 1100
- Size
- 15,268 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 1200
- Size
- 15,268 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suites 1100 & 1200
Listing Agency:
Albany Management Inc
Listed By:
Karen Laberge · License #ny
Source:
Crexi
Added: Mar 23, 2023
Changed: Sep 4
Last Checked: Sep 2 at 4:59AM
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 Albany Management Inc
Investment Insights
Based on property information with market context.
The property at 41 State is a 12-story office building located two blocks from I-787 and five minutes from I-90 and I-87. The building features floor-to-ceiling windows in all suites, providing natural light and views of the Hudson Valley and the city. Recent improvements include elevator modernization, enhanced UV air purification, and a new roofing system. On-site amenities include a parking garage, retail bank, restaurant, and a full-service salon. A management team is also located on-site.
Key Highlights
- Prime office building location with easy access to I‑787, I‑90, and I‑87.
- Floor‑to‑ceiling windows offering abundant natural light and expansive views.**
- Recent major building improvements including elevator modernization, enhanced UV air purification, and new roofing system.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.94 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,879
Businesses Nearby
Explore this area
Business Placement
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
$16.92 /SF/Yr
Avg Asking Price
$13–$22.66 /SF/Yr
Price Range
52,405 SF
Avg Space Size
This space is priced 23% below the average of $16.92 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 12-story office building with on-site amenities and convenient access.
Where is this office building located?
The property is located at 41 State St Albany, NY.
What is the lease rate?
The lease rate is $12.95 SF/Yr.
What are key features of this property?
This property features: Prime office building location with easy access to I‑787, I‑90, and I‑87.; Floor‑to‑ceiling windows offering abundant natural light and expansive views.**; Recent major building improvements including elevator modernization, enhanced UV air purification, and new roofing system.
