1365 Washington Ave, Albany, NY 12206
For Lease
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This exceptional Class A medical office building, located at 1365 Washington Ave in Albany, NY 12206, offers a prime opportunity for healthcare providers. The property, totaling 26,552 square feet, boasts five suites with flexible space options ranging from a minimum of 1,472 square feet to a maximum contiguous space of 18,752 square feet. Currently, 28,400 square feet is available for lease. Situated within Albany's Washington Avenue Medical Corridor, this location provides unparalleled visibility and accessibility, directly across from The University at Albany. The building benefits from its position within a thriving medical hub, encompassing over one million square feet of medical office space and surrounded by numerous healthcare providers. The property features proactive and professional management, offering the advantage of customizable build-outs to meet specific tenant requirements and the flexibility to subdivide larger spaces. This is an ideal location for practices seeking a prominent presence in a high-demand medical market. The building is in Albany County and offers multiple tenancy options. Contact us today to learn more about leasing opportunities in this exceptional medical office building.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Albany, NYAlbany. Always verify with local authorities before improvements.
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.