Industrial Average Rent Costs in Albany, NY
The average asking rent for industrial space in Albany is $8.25 per square foot based on our latest listing data.
Rents here range between $6.5 and $10 per square foot.
Available Industrial Inventory in Albany, NY
There are currently 11 industrial properties listed for lease in Albany, totaling 2,613,385 square feet.
The average size of an industrial property listed for lease here is 174,226 square feet.
Listed properties range from 3,000 to 1,813,000 square feet.
No. of Listings
Total Space (Sq. Ft.)
Average Size (Sq. Ft.)
Space Range (Sq. Ft.)
11
2,613,385
174,226
3,000 - 1,813,000
Types of Industrial Properties for Lease in Albany, NY
The most common industrial property type currently listed in Albany is Warehouse/Distribution with 13 currently on PropertyShark.
Space sizes for this property type start at 3,000 square feet, while the maximum size of a space in this category is 1,813,000 square feet.
The Albany industrial market is also home to Office / Industrial 1 listing, which offer space between 50,000 and 50,000 square feet.
There is also 1 Manufacturing space here.
Property sizes in this category start at 69,825 square feet, reaching up to 69,825 square feet.
Use Type
No. of Listings
Total Sq.Ft.
Warehouse/Distribution
13
2,493,560
Office / Industrial
1
50,000
Manufacturing
1
69,825
Quality Industrial Space in Albany, NY
Albany currently offers 1 listing for industrial space classed A or A+, totaling 381,088 square feet of space. Class A space is the best a market can offer, being located in prime locations with excellent accessibility and state-of-the-art features.
The market also houses 5 listings for Class B space, which can offer competitive prices in conjunction with advantageous characteristics.
Additionally, you can find 2 listings for industrial space listed as Class C, which may trade off some modern amenities in exchange for lower costs.
Industrial Buildings in Albany, NY by Completion Year
- Before 1950
28
- 1950 - 2000
46
- After 2000
4
Industrial Space in Albany, NY by Completion Year
- Before 1950
1,719,127 Sq.Ft.
- 1950 - 2000
3,594,788 Sq.Ft.
- After 2000
326,600 Sq.Ft.
The data presented in this table was collected based on industrial spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.
Property Class
Min. Rental Rate
Max. Rental Rate
Class B Industrial Properties
$6.5
$10
Class C Industrial Properties
$6.25
$9.95
Approximately 5% of industrial properties in Albany were built since the year 2000, generally indicating higher quality amenities and potential for savings in maintenance costs.
Top Neighborhoods for Industrial Space in Albany, NY
Upper Washington currently has the most industrial space for lease out of all of Albany’s neighborhoods with 3 listings, totaling 15,100 square feet.
Other neighborhoods in the city for industrial leasing opportunities include:
- Kenwood, with a total of 3 listings, adding up to 570,900 square feet.
- Dunes, with 3 listings, which total 1,899,741 square feet.
Neighborhood
No. of Listings
Total Listings Sq. Ft.
Upper Washington
3
15,100
Kenwood
3
570,900
Dunes
3
1,899,741
Shaker Park
2
8,273
Arbor Hill
2
52,155