Albany, NY Office Buildings for Lease
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Albany, NY Office buildings Lease Rates & Market Statistics
Explore 85 Office buildings for lease in Albany, NY on Realmo, a commercial real estate exchange covering the Albany area. The current inventory totals 4,240,368 square feet of properties — an average of ~49,900 SF per listing.
Office buildings lease rates in Albany range from $13 SF/Yr at the entry level to $22.66 SF/Yr at the top of the market, averaging $17.09 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $17.09 SF/Yr is 57% below the New York state average of $40.04 SF/Yr.
Albany accounts for 88% of the 97 office buildings currently available across Albany County, where nearby markets include Colonie and Latham. Office buildings make up 37% of the 227 Office Spaces currently for lease in Albany, with asking rates averaging $17.09 SF/Yr — 20% above the citywide Office Spaces average of $14.24 SF/Yr. Also worth a look for tenants weighing alternatives: Office Units (150 listings) and Medical Office Space (17 listings) elsewhere in the Albany market.
