Medical Office
New
For Lease
$18.50 SF/Yr
63 Shaker Rd # B04, Albany, NY 12204
Professional office space near Memorial Hospital with convenient access to I-787 and I-90.
Space Size3,287 SF
Days on Market5
Property Features for 63 Shaker Rd # B04
General Information
Standard status
Active
Size
3,287 SF
Class
C
Property subtype
Office - General Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Medical Office
Building Details
Building Size
3,287 SF
Year Built
1991
Spaces For Lease
at 63 Shaker Rd # B04 Contact us- Size
- 3,287 SF
- Type
- Medical Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
B04 $18.50/SF/Yr
Listing Agency:
Berkshire Hathaway HomeServices Blake
Listed By:
Karen Zalewski-Wildzunas · License #10401299136
(518) 858-4719
Source:
Commercialcafe
Added: Sep 21
Last Checked: Sep 24 at 6:49AM
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 Berkshire Hathaway HomeServices Blake
Investment Insights
Based on property information with market context.
The property is a medical office condominium at 63 Shaker Rd # B04 in Albany, New York. Built in 1991, the unit offers a professional setting for medical and other professional practices, including physician, dental, therapy, and healthcare uses.
Located behind Memorial Hospital on Shaker Road, the office is just off I-787 and I-90. Its condominium format and hospital-adjacent setting support medical and professional occupancy in Albany.
Located behind Memorial Hospital on Shaker Road, the office is just off I-787 and I-90. Its condominium format and hospital-adjacent setting support medical and professional occupancy in Albany.
Key Highlights
- Medical office condominium at 63 Shaker Rd # B04, Albany, NY 12204
- Built in 1991
- Located behind Memorial Hospital on Shaker Road
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12204, NY
7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$20.33 /SF/Yr
Avg Asking Price
$15–$27.47 /SF/Yr
Price Range
33,047 SF
Avg Space Size
This space is priced 9% below the average of $20.33 /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?
Medical Office Space - Professional office space near Memorial Hospital with convenient access to I-787 and I-90.
Where is this medical office space located?
The property is located at 63 Shaker Rd # B04 Albany, NY.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Medical office condominium at 63 Shaker Rd # B04, Albany, NY 12204; Built in 1991; Located behind Memorial Hospital on Shaker Road
