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Medical Office Condominium
New
For Lease
$19 SF/Yr

63 Shaker Road, Albany, NY 12204

Commercial Lease, Albany, NY

Space SizeContact for details
Lot Size0.01 Acres
Days on Market4

Property Features for 63 Shaker Road

General Information

Property type Commercial Lease
Property subtype Office
Parking 45
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions On Shaker Road, behind Memorial Hospital
Standard status Active
APN 010100 65.8-1-1.-3004
Size 3,287 SF
Lot size 0.01 Acres

Taxes and HOA fees

Tax Annual Amount 15000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1991
Building materials Block
Roof type Flat
Listing Agency: Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
Listed By: Karen Zalewski-Wildzunas · License #10301219752
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 25 at 3:06AM
MLS# 202626620

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,287-square-foot medical office condominium, built in 1991, provides a professional setting for healthcare and other professional practice users. The property has block construction, a flat roof, central air conditioning, and natural gas heating. Public water and public sewer serve the building.

The condominium is located just off I-787/I-90 and next to Memorial Hospital in Albany. The property is available for lease and offers a dedicated setting for a medical or professional office operation.

Key Highlights

  • 3,287‑square‑foot medical office condominium
  • Built in 1991 with block construction and a flat roof
  • Located just off I‑787/I‑90

Property Analytics

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Current Use

Northeast Urological Specialsts Physician Abdelhakim Dinar, MD Physician Naz Bushra Dr Physician Albany Med Community ... Medical Clinic Albany Surgery Associates Medical Clinic

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon HVAC Service Hair Salon Electrical Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albany, NY

$21.12 /SF/Yr
Avg Asking Price
$15–$27.47 /SF/Yr
Price Range
34,798 SF
Avg Space Size

This space is priced 10% below the average of $21.12 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional condominium setting with central air, natural gas heating, and public utilities.
Where is this medical office space located?
The property is located at 63 Shaker Road Albany, NY.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 3,287‑square‑foot medical office condominium; Built in 1991 with block construction and a flat roof; Located just off I‑787/I‑90
More about this property
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