Search
Two-Story Office Building with Elevator
For Lease
$14.50 SF/Yr NNN

440 New Karner Road, Albany, NY 12205

Flexible two-story office layout with elevator access, available for whole-building lease or suite subdivision.

Space SizeContact for details
Property Size7,888 SF
Days on Market83

Property Features for 440 New Karner Road

General Information

Standard status Active
Size 7,888 SF
Property subtype Office

Building Details

Building Size 7,888 SF
Stories 2
Listing Agency:
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Jun 3 Changed: Aug 23 Last Checked: Aug 23 at 8:13AM

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 Pyramid Brokerage Albany

Investment Insights

Based on property information with market context.

This 7,881-square-foot professional office building is available for lease in whole, with flexibility to subdivide into multiple suites to suit different business needs. The property is a two-story office with elevator access, supporting a range of office configurations. Lease terms are described as 3+ year NNN, noted as preferable, and the space is presented with an easy-to-show process.

Located at 440 New Karner Road in Albany, the building’s straightforward office setup is designed for professional use. The property’s size and two-level layout can accommodate tenants looking for either a single larger footprint or smaller, self-contained office suites, depending on the tenant’s operating requirements.

For tenants and operators, the primary value here is the optionality: lease the entire building when you need a consolidated footprint, or subdivide into suites for a more tailored occupancy plan. The elevator and flexible layout are useful for everyday accessibility and internal space planning for a variety of professional users.

Key Highlights

  • 7,881 SF two‑story professional office building available for lease in whole or subdivided into suites
  • Elevator access serving a flexible office layout for a variety of professional users
  • Option to lease the entire building or arrange smaller suite configurations

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

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

$17.23 /SF/Yr
Avg Asking Price
$13.5–$22.66 /SF/Yr
Price Range
52,093 SF
Avg Space Size

This space is priced 16% below the average of $17.23 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Flexible two-story office layout with elevator access, available for whole-building lease or suite subdivision.
Where is this office building located?
The property is located at 440 New Karner Road Albany, NY.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: 7,881 SF two‑story professional office building available for lease in whole or subdivided into suites; Elevator access serving a flexible office layout for a variety of professional users; Option to lease the entire building or arrange smaller suite configurations
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message