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    99 Washington Avenue Ext Albany, NY 12210

    Sponsored
    For Lease
    $22 SF/Yr

    Albany, NY: Premium Office Space Available

    Lot size:
    756,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    One Commerce Plaza offers 12,670 square feet of Class A executive office space for lease in Albany County. Located directly across from the New York State Capitol, this prestigious 20-story building provides unparalleled convenience and visibility. The single available suite within the 756,492 square foot building offers incredible views and is part of a multiple-tenancy environment. Building amenities include indoor valet parking, easy highway access, and full-service daily janitorial services. A proactive on-site property management team ensures a seamless and efficient operation. Tenants enjoy the added convenience of on-site amenities such as a Dunkin', bank, barber shop, and restaurant. This exceptional location offers unparalleled access to state government and is easily accessible via major roadways. The building features elevators for convenient access to all floors. This is a rare opportunity to secure prime office space in a highly sought-after location. The available space is ideal for a variety of businesses seeking a prestigious and well-maintained office environment. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 99 Washington Avenue Ext

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    756,492 SF
    Class
    A
    Total Rate
    1418422.5

    Building Details

    Stories
    20

    Unit(s) available at that property

    Space
    Available Space
    Size
    12,670 SF
    Rate per SF
    $22

    HighLights

    • Class A, 20‑story office building totaling 756,492 square feet.
    • 12,670 square feet of vacant executive office space available for lease.
    • Located across from the New York State Capitol building.
    • Features indoor valet parking and easy highway access.
    • Building amenities include full‑service daily janitorial, proactive on‑site property management, and incredible views.
    • On‑site amenities include a Dunkin', bank, barber shop, and restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7592097
    Latitude
    42.6548258

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    FAQs

    What type of property is this?
    Office space - Albany, NY: Premium Office Space Available
    Where is this office space located?
    The property is located at 99 Washington Avenue Ext Albany, NY.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Class A, 20-story office building totaling 756,492 square feet.; 12,670 square feet of vacant executive office space available for lease.; Located across from the New York State Capitol building.
    Request Owner's contact information
    99 Washington Avenue Ext Albany, NY 12210
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    Albany, NY 12210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    99 Washington Avenue Ext Albany, NY 12210
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