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Two-Story Office Building
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440 New Karner Rd, Albany, NY 12205

Professional office property with elevator service and layouts adaptable to single- or multi-suite occupancy.

Space Size7,881 SF
Days on Market18

Property Features for 440 New Karner Rd

General Information

Standard status Active
Size 7,881 SF
Elevators Yes
Lease Type Modified Gross

Space & Availability

Contiguous Space 7,881 SF
Divisible Yes
Space Use Office

Additional Details

Flexible Term Yes

Building Details

Stories 2
Building Size 7,881 SF

Spaces For Lease

at 440 New Karner Rd Contact us

440 New Karner Rd $18/SF/Mo

Floor
Bldg
Size
7,881 SF
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
This 7,881 SF professional office building is available for lease in whole or flexibility...
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Listing Agency: Coldwell Banker - Prime Properties | Cohoes
Listed By: Jacqueline Jolly
Source: Moodyscre
Added: Jul 30 Changed: Aug 14 Last Checked: Aug 15 at 7:57AM

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 Coldwell Banker - Prime Properties | Cohoes

Investment Insights

Based on property information with market context.

Located at 440 New Karner Rd in Albany, New York, this 7,881-square-foot office building provides a professional setting across two floors. Elevator access supports movement between levels, while the interior can accommodate either a single-building user or multiple office suites.

The property is offered for lease in its entirety or in subdivided configurations, allowing the layout to align with different space requirements. Its office format and adaptable suite arrangement support a range of professional business operations.

Key Highlights

  • 7,881 SF professional office building
  • Two‑story configuration with elevator access
  • Available as a full‑building lease or subdivided suites

Property Analytics

Current Use

Up and Running Suites Hotel & Motel Rosenstein Chicatelli, PLLC Law Firm Law Ofs. of Charles ... Law Firm Sindy McBride Corporate Office

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Storage Facility

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Lease Benchmarks for Albany, NY

$16.24 /SF/Yr
Avg Asking Price
$0.52–$22.66 /SF/Yr
Price Range
51,083 SF
Avg Space Size

This space is priced 11% above the average of $16.24 /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
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Frequently Asked Questions

What type of property is this?
Office building - Professional office property with elevator service and layouts adaptable to single- or multi-suite occupancy.
Where is this office building located?
The property is located at 440 New Karner Rd Albany, NY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 7,881 SF professional office building; Two‑story configuration with elevator access; Available as a full‑building lease or subdivided suites
(518) 785-9000 Call to check price and availability
More about this property
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