Albany, NY Restaurants for Lease
- East Greenbush, NY
- Rensselaer, NY
- Delmar, NY
- Troy, NY
- Guilderland, NY
- Newtonville, NY
- Watervliet, NY
- Slingerlands, NY
Similar Spaces for Sale in Albany, NY
Albany, NY Restaurants Lease Rates & Market Statistics
Explore 18 Restaurants for lease in Albany, NY on Realmo, a commercial real estate exchange covering the Albany area. The current inventory totals 1,304,988 square feet of properties — an average of ~72,500 SF per listing.
Restaurants lease rates in Albany range from $2.91 SF/Yr at the entry level to $39.12 SF/Yr at the top of the market, averaging $13.88 SF/Yr. That's a 13x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $13.88 SF/Yr is 78% below the New York state average of $64.38 SF/Yr.
Albany accounts for 62% of the 29 restaurants currently available across Albany County, where nearby markets include Cohoes and Latham. By space type, the market includes 9 conventional restaurants, 6 coffee shops and 3 bars & pubs — conventional restaurants typically offer the lowest entry point, while bars & pubs command the highest rates.
