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Downtown Albany Office Space Available
For Lease
$20 SF/Yr

76 N Pearl Street #Suite 3, Albany, NY 12207

Class A office suite in historic Kenmore Hotel, move-in ready.

Space SizeContact for details
Lot Size0.41 Acres
Days on Market449

Property Features for 76 N Pearl Street #Suite 3

General Information

Standard status Active
Lot size 0.41 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,309

Amenities

Central air
Corner Lot
Heated Garage
Indoor
Pool
Accessible Approach with Ramp
Central Air Cooling
Covered
Deck
Forced Air Heating
Natural Gas Heating
Rubber Roof
Secured Garage/Parking
Vinyl Flooring

Building Details

Year Built 1920
Listing Agency: CARROW REAL ESTATE SERVICES LLC
Listed By: RUDY R LYNCH · License #10301200002
Source: Corcoran
Added: May 29, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:41AM

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 CARROW REAL ESTATE SERVICES LLC

Investment Insights

Based on property information with market context.

This is an approximately 8,000 square foot Class A professional office suite located on the 6th floor of the historic Kenmore Hotel. The Kenmore Hotel has been recently converted to include 93 luxury apartments and 35,000 square feet of retail and office space. The property is conveniently located in the heart of Downtown Albany, seconds from I-787 exit 4B. The space is move-in ready and formerly housed a law firm. It includes 23 private offices, 4 workstations, a conference room, and a break room. Tenants have access to a 24-hour fitness center with an indoor pool, cold tub, and steam room, as well as a private rooftop deck and an indoor dog park. Ample parking is available. Daily in-suite janitorial services are included. The property is available for lease at $20.00 per square foot, plus utilities and increases over base year expenses. The property is owned and managed by Redburn Development Partners.

Key Highlights

  • Move‑in ready, Class A office suite in a historic building.
  • Located in the heart of Downtown Albany, seconds from I‑787.
  • Access to 24‑hour fitness center with indoor pool, cold tub, and steam room.

Property Analytics

Current Use

The Kenmore Ballroom Hotel & Motel The Kenmore Apartment Building Brown & Weinraub Advisors, ... Law Firm The Kenmore Apartments Apartment Building Alias Coffee Cafe & Coffee Shop

Suggested Use

Top Pick Skin Care Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Garden Center 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,787
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

$13.96 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
51,205 SF
Avg Space Size

This space is priced 43% above the average of $13.96 /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
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Frequently Asked Questions

What type of property is this?
Office units - Class A office suite in historic Kenmore Hotel, move-in ready.
Where is this office units located?
The property is located at 76 N Pearl Street #Suite 3 Albany, NY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Move‑in ready, Class A office suite in a historic building.; Located in the heart of Downtown Albany, seconds from I‑787.; Access to 24‑hour fitness center with indoor pool, cold tub, and steam room.
More about this property
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