40-50 Beaver St, Albany, NY 12207
This exceptional Class A office building, located at 40-50 Beaver Street in Albany, NY, offers 50,978 square feet of premium executive office space. Currently fully vacant, this eight-suite building provides flexible options for businesses of all sizes. Units range from a minimum of 1,600 square feet to a maximum contiguous space of 20,050 square feet, allowing for customization to meet specific needs. The building is situated in a highly desirable downtown location, just steps away from state capital buildings and the MVP Arena, offering unparalleled convenience and prestige. Enjoy breathtaking views of the Albany skyline and the Hudson River. The property boasts easy access to major highways, including I-90 and I-787, ensuring seamless commutes for employees and clients. Further enhancing the appeal, the building offers convenient interior garage parking and access to a fitness center in an adjacent building. A wealth of dining and shopping options are within easy reach, creating a vibrant and convenient work environment. The owner is willing to subdivide spaces and even undertake build-to-suit projects to accommodate specific tenant requirements. This is a rare opportunity to secure a prestigious and highly functional office space in the heart of Albany. The property is located in Albany County, NY, with a zip code of 12207.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.