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Property profile & analytics

41 State St Albany, NY 12207

  • Office buildings
  • 164,991 SF
  • 0.43 lot acres
Value Estimations
$125,000
Cap Rate Potential
Location Intelligence
Property ID
US63-3348408
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • DeGraff, Foy & Kunz, LLP / Personal Injury Attorney / Employment Attorney
  • Lee Palmateer Law Office LLC / Law Firm / Attorney
  • Weinberg Gerald / Attorney
  • George J. Szary / Attorney
  • Shruthisoft LLC / Software Company

Property Details for 41 State St

Year built
1968
Lot size
0.43 lot acres
Property size
164,991 SF
Zone code
C3
Property type
Office buildings
APN
010100 76.42-2-5
APU
10100764225

Description

41 State Street offers a prime opportunity for businesses seeking office space in the Central Business District. This twelve-story, Class B building boasts 198,145 square feet of total space, with 39,291 square feet currently vacant and divisible into units as small as 300 square feet, or up to a contiguous 30,000 square feet. Built in 1972 and situated on a 4.3-acre lot, the property features four freight and passenger elevators, ensuring efficient movement throughout the building. The building has undergone recent significant improvements, including modernized elevators, a new roofing system, and enhanced UV air purification for a healthier work environment. Enjoy abundant natural light and stunning Hudson Valley and city views from floor-to-ceiling windows in all suites. Conveniently located just two blocks from I-787 and five minutes from I-90 and I-87, this location offers unparalleled accessibility. On-site amenities include a parking garage with 90 spaces, a retail bank, a restaurant, and a full-service salon, providing tenants with a comprehensive and convenient work experience. The building is zoned for commercial use and benefits from a dedicated on-site management team. This is an exceptional opportunity to secure high-quality office space in a vibrant and well-connected location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $125,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Albany
County
Albany
State
New York
Longitude
-73.7512
Latitude
42.6494
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$199,700
$5,109,900
$5,309,600
-
$281,943
$7,214,316
$7,496,259
More about this property
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