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Class A Office Sublease
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677 Broadway, Albany, NY 12207

Sublease of ±10,156 RSF in a Class A office building.

Space Size10,156 SF
Property Size170,387 SF
Days on Market1079

Property Features for 677 Broadway

General Information

Standard status Active
Size 10,156 SF
Class A
Total Parking Spaces 879
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 170,387 SF
Year Built 2004
Tenancy Single

Spaces For Lease

at 677 Broadway Contact us

Available Space

Size
10,156 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: CBRE - Albany
Listed By: Laurie Tylenda, SIOR · License #NY 10301205946
Source: Crexi
Added: Sep 22, 2023 Changed: Aug 28 Last Checked: Sep 4 at 2:27PM

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 CBRE - Albany

Investment Insights

Based on property information with market context.

Available for sublease is approximately 10,156 rentable square feet, representing a portion of the 9th floor within a Class A office building. The sublease extends through January 31st, 2031. The property benefits from a downtown location and features a fine dining restaurant, deli, and on-site security. The interior build-out was completed in 2020 and is in like-new condition. Furniture is available, offering a plug-and-play space.

Key Highlights

  • Sublease through January 31, 2031
  • ±10,156 RSF Class A office space**
  • High‑end build out completed in 2020 (like‑new condition)**

Property Analytics

Current Use

David Juneau Law ... Law Firm Contino Victoria Law Firm Marangas Theresa Law Firm Scott A. Barbour Law Firm Wagner Bruce J Law Firm

Suggested Use

Top Pick Building Supply Skin Care Clinic Garden Center Auto Parts Store Storage Facility 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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,409
Businesses Nearby

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

Lease Benchmarks for Albany, NY

$14.3 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
50,553 SF
Avg Space Size

This space is priced 75% above the average of $14.3 /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 units - Sublease of ±10,156 RSF in a Class A office building.
Where is this office units located?
The property is located at 677 Broadway Albany, NY.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Sublease through January 31, 2031; ±10,156 RSF Class A office space**; High‑end build out completed in 2020 (like‑new condition)**
More about this property
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