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For Sale

1735352

f32ee5ac-8543-41e2-9ea7-6b8b8df31e7d

us/ny/albany

146 State Street

146 State Street, Albany, NY 12207

104,535 SF TWO BUILDING MULTI-TENANT OFFICE PORTFOLIO INVESTMENT OPPORTUNITY. 90.17% OCCUPIED. IRREPLACEABLE LOCATION DIRECTLY ACROSS THE STREET FROM THE NYS CAPITOL BUILDING, MARRIOTT RENAISSANCE HOTEL AND ALBANY CONVENTION CENTER. QUALIFIES FOR OPPORTUNITY ZONE TAX INCENTIVES. 102 VEHICLE ON-SITE PARKING GARAGE. UPSIDE THROUGH ADDITIONAL LEASE-UP AND BELOW MARKET RENTS. SOLID TENANCY. LONG TERM LEASES. INCREDIBLE OPPORTUNITY!

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Contacts

broker

Rudy R. Lynch

Carrow Real Estate Services

(518) 462-7491

Building Details

  • For Sale $12,500,000
  • Property Type Office
  • Property Size 104,535 SF
  • Lot Size 1 Acre
  • Parking Spaces Avail. 102
  • Parking Ratio 0.98 / 1,000 SF
  • Building Class B
  • Year Built 1955
  • Date Updated May 19, 2023

Getting Around

  • Walk Score ®

    Walker's Paradise (93)
  • Transit Score ®

    Excellent Transit (71)
  • Bike Score ®

    Somewhat Bikeable (43)
Powered by Walk Score ®

Location

  • City Albany, NY
  • Neighborhood Downtown Albany
  • Zip Code 12207
  • Market Albany

Points of Interest

Transportation

Albany-Rensselaer

1.01 miles

Rensselaer Rail Station Taxi Stand

1.03 miles

Albany International Airport Taxi Stand

7.10 miles

Fuel station

Mobil

0.62 miles

Sunoco

0.63 miles

Citgo

0.85 miles

Stewart's

0.87 miles

Sunoco

0.98 miles

Plaza 23 Truck Stop

1.11 miles

Gulf

1.14 miles

Citgo

1.21 miles

IBB Food Mart

1.34 miles

Exxon

1.43 miles

Parking

Renaissance Parking Garage

0.05 miles

MVP Arena Garage

0.11 miles

110 State St Parking Garage

0.15 miles

Hotel Albany Garage

0.16 miles

S. Pearl St Parking Garage

0.18 miles

County of Albany Spruce Street Parking garage

0.22 miles

Empire State Plaza East Garage

0.23 miles

Grand Street Lot

0.25 miles

Empire State Plaza V Lot

0.25 miles

470 Broadway Lot

0.25 miles

Car rental and maintenance

Hertz

0.15 miles

Enterprise

0.22 miles

Ryder

0.99 miles

Enterprise

1.01 miles

Hoffman Car Wash

1.96 miles

Hertz

2.61 miles

Hy Speed Car Wash

3.01 miles

Hoffman Car Wash

3.06 miles

Wash Boss

3.08 miles

Mobil Touchfree Car Wash

3.93 miles

Restaurants

Wellington's

0.03 miles

Ria's Bistro & Bakery

0.07 miles

Amo La Bella New York Restaurant

0.13 miles

Charter Restaurant

0.13 miles

Dunkin'

0.15 miles

Maurice's Deli

0.18 miles

Soho Pita

0.18 miles

Sign of the Tree Restaurant

0.18 miles

Empire State Plaza Food Court (underground)

0.19 miles

Pizzeria Sapienza

0.19 miles

Stores

Market 32 - Price Chopper

0.58 miles

Breakthrough African Market

1.24 miles

Huck Finn's Warehouse

1.25 miles

ALDI

1.30 miles

Save-A-Lot

1.75 miles

Market 32

1.98 miles

Save-a-Lot Food Stores

1.99 miles

Honest Weight Food Co-op

2.32 miles

Shop Rite

2.32 miles

Hannaford

2.70 miles

Safety

Rite Aid

0.21 miles

Albany Police Division Number 2

0.59 miles

Albany County Health Center

0.61 miles

South End Fire Department

0.65 miles

Albany Police Department

0.81 miles

Albany Engine Company Number 1

0.85 miles

Whitney M Young Community Health Center

0.87 miles

Lincoln Pharmacy

0.87 miles

Walgreens

0.88 miles

Samuel S. Stratton Veterans Affairs Medical Center

0.88 miles

Contact Listing Broker

broker

Rudy R. Lynch

Carrow Real Estate Services

(518) 462-7491

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Frequently Asked Questions

  • What is the total size of 146 State Street?

    146 State Street has a total of 104,535 square feet.

  • What is the year built for 146 State Street?

    The year built for 146 State Street is 1955.

146 State Street, Albany, NY 12207 - Office Space

This commercial property is located at 146 State Street in Albany, NY, 12207. Situated on a lot that is 1 Acre in size, this potential investment incorporates a total of 104,535 SF in size of Class B office space. 146 State Street was completed in 1955. This property is one of 13 office buildings in Albany that are at least 50,000 square feet in size.

Leasing opportunities in Downtown Albany include 114 office spaces amount to a total of 688,211 SF of available office space. For prospective buyers’ consideration, the average asking office rent per square foot in Downtown Albany is $19.38/SF/YR across all property classes. For Class A office buildings in Downtown Albany the average rate is $22.35/SF/YR. For Class B office buildings in Downtown Albany the average rate is $17.54/SF/YR. Office building sale prices in Downtown Albany average $1,987,687.

At city level, 146 State Street is one of 25 office buildings that are 50,000 square feet or larger. As a general overview, the Albany office market includes 17 class A office buildings, 20 class B office buildings, 2 class C office buildings. Office building sale prices in Albany average $1,987,687.

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