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    150 State St Albany, NY 12207

    For Lease
    $18 SF/Yr

    State Street Office Suite Available Now

    Lot size:
    48,690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    150 State Street, Albany, NY offers a premier executive office suite for lease. This exceptional space, part of a larger 48,690 square foot building, boasts 3,176 square feet of immediately available space, perfect for a growing business seeking a prominent location. The building is classified as both retail and office, reflecting its versatile nature and potential for various business types. The property features convenient on-site covered parking, a significant advantage in a busy urban setting. Located at 150 State Street in Albany, NY, zip code 12207, this property enjoys a highly visible and accessible position within Albany County. The single suite configuration provides a unique opportunity for a company seeking a self-contained and prestigious office environment. The building's total square footage is substantial, indicating a well-established and potentially expanding business community. The available space is ready for immediate occupancy, allowing for a swift and efficient transition for your business. This is a rare opportunity to secure a high-quality executive office suite in a prime Albany location. The address is easily accessible and offers excellent visibility for your business. The on-site covered parking ensures convenient and secure parking for employees and clients. This property is ideal for businesses seeking a prestigious and functional workspace in the heart of Albany. Contact us today to schedule a viewing and secure this exceptional opportunity.

    Property Features for 150 State St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,690 SF
    Total Rate
    75063.75

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,176 SF
    Rate per SF
    $18

    HighLights

    • 3,176 SF 5th‑floor office suite.
    • Prime location across from the New York State Capitol, Albany Convention Center, and Marriott Renaissance Hotel.
    • Features reception area, nine private offices, conference room, kitchenette, and IT room/storage.
    • Includes daily janitorial service.
    • Offers on‑site covered parking.
    • Boasts breathtaking views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sheridan Hohman & Associates Public Relations Firm ILÚM Health Solutions Corporate Office ANA-New York Association / Organization MEMASI Architect Kearney Brown Realty Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7561658
    Latitude
    42.6509457

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    FAQs

    What type of property is this?
    Office Property / Space - State Street Office Suite Available Now
    Where is this office property / space located?
    The property is located at 150 State St Albany, NY.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 3,176 SF 5th-floor office suite.; Prime location across from the New York State Capitol, Albany Convention Center, and Marriott Renaissance Hotel.; Features reception area, nine private offices, conference room, kitchenette, and IT room/storage.
    Request Owner's contact information
    150 State St Albany, NY 12207
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    Albany, NY 12207
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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
    150 State St Albany, NY 12207
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