Building Details

Building Size 59,253 SF

Listing Agency: NAI HERITAGE,LLC a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #3105657 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 17 Last Checked: Aug 20 at 6:21AM

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Investment Insights

Based on property information with market context.

This Class A office space offers great management, excellent visibility, and ample parking. The property encompasses 59,253 square feet and is located at 94 New Karner Road in Albany, NY.

Key Highlights

• Class A office space, perfect for your business needs.
• Excellent visibility, ensuring your business gets noticed.
• Great management, providing a well‑maintained and professional environment.

Property Analytics

Property Profile

Current Use

Paychex Accounting Firm Ramboll Engineer Special Olympics New ... Social Service Agency Pearson VUE Testing ... Association / Organization Pearson Professional Center Training Center

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Furniture & Home Goods Plumbing Service Pharmacy

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

$2.03 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

214

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Albany, NY

$17.23 /SF/Yr

Avg Asking Price

$13.5–$22.66 /SF/Yr

Price Range

52,093 SF

Avg Space Size

This space is priced 22% below the average of $17.23 /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 building - Class A office space for rent with excellent visibility.

Where is this office building located?

The property is located at 94 New Karner Road Albany, NY.

What is the lease rate?

The lease rate is $13.50 SF/Yr.

What are key features of this property?

This property features: Class A office space, perfect for your business needs.; Excellent visibility, ensuring your business gets noticed.; Great management, providing a well‑maintained and professional environment.