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    OFF-MARKET
    Office Spaces

    40-50 Beaver St, Albany, NY 12207

    50,978 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office Spaces
    Total area 50,978 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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