Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Albany Show Phone

Listed By: Adam Field · License #NY 10401332278 Show Phone

Source: Moodyscre

Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 4:41AM

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Investment Insights

Based on property information with market context.

This updated office building contains 22,000 square feet and is located at 52-54 James St in Albany, New York. The property has been identified as a candidate for conversion to street-level retail and apartments.

Tricentennial Park sits across James St, with redevelopment planned for the park.

Key Highlights

• 22,000‑square‑foot office building
• At 52‑54 James St in Albany, NY 12207
• Tricentennial Park is across James St, with a redevelopment planned

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Skin Care Clinic Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,355

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

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - The building offers potential for conversion to street-level retail and apartments.

Where is this office building located?

The property is located at 52-54 James St Albany, NY.

What is the asking price?

The asking price for this property is $1,390,000.

What are key features of this property?

This property features: 22,000‑square‑foot office building; At 52‑54 James St in Albany, NY 12207; Tricentennial Park is across James St, with a redevelopment planned