Know What Rents to Expect for Office Space in Albany, NY
Depending on property quality, location, amenities, and other factors — such as what type of office lease you sign up for — the rent for office space in Albany can be as low as $4.5 per square foot.
On average, the rate for an office space in Albany is $21.73 per square foot.
If your budget is oriented toward office space for lease around this value, you can easily check all office space listings with a similar average rental rate. Alternatively, use the pricing search filters at the top of the page to focus your search in your optimal price range.
Learn More About Office Spaces for Rent in Albany, NY
Office spaces currently listed for rent in Albany, NY incorporates 810,388 square feet across 120 unique space(s).
Local office space opportunities include office property subtypes such as: General Office, Office Building, Medical Office.
The average size of an available office space here is 6,789 square feet.
However, availabilities range from 482 square feet to 68,872 square feet.
In Albany, you’ll find that the highest number of office space listings is in Downtown Albany, where you’ll find 40 office space(s) currently available.
Neighborhood
No. of Listings
Total Sq. Ft.
Downtown Albany
40
285,671
Dunes
36
233,307
Sheridan Hollow
24
160,681
Upper Washington
10
81,756
West Hill Spirit
6
40,330
Understand the Albany, NY Office Market
The office market in Albany, NY incorporates 8,567,038 square feet of office space across 58 buildings that are at least 25,000 square feet in size. Office buildings here range in height from 1 to 12 floors and offer a variety of architectural styles, amenity packages, and location character for you to consider when looking for an office leasing opportunity.
In Albany, NY, you can find office properties as large as 746,052 square feet and find your space in any building quality class that best suits your needs and your budget. See our guide on office building classes for a better understanding of what to expect with each. For best access to most types of urban amenities, consider that the highest concentration of office space in Albany is in the Downtown Albany, Dunes, Sheridan Hollow neighborhood(s).
Albany, NY Office Space Total: 8,567,038 Sq. Ft.
The data was provided by Yardi Research Data and refers to office properties larger than 25,000 square feet.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
1,694,811
19.78% of Total
50k to 100k Sq. Ft.
2,140,857
24.99% of Total
100k to 500k Sq. Ft.
3,985,318
46.52% of Total
500k to 1M Sq. Ft.
746,052
8.71% of Total
Range
Total Square Feet
Share of Total Office
Class A
3,411,259
39.82% of Total
Class B
4,815,710
56.21% of Total
Class C
340,069
3.97% of Total
The Best Way to Rent Office Space in Albany, NY
There are many things you will need to consider when searching for the best office space for your professional needs. Some of these factors cannot be captured in easy-to-use search filters that focus on objective and quantifiable aspects of an office space listing. For instance, how much office space you’ll need depends not only on how many people need to use the space at the same time, but also how you need to divide it, how you need to use it, and any other details particular to your business.
Similarly, choosing the perfect office space location within the city hinges on the particular focus and requirements of your professional activity, as well as the needs of your employees, such as transport options to and from work, day care services nearby, or any other amenities that are essential to them on a regular basis.
With so many aspects to consider when leasing office space, whether you have been through the process here before or if you are new to the city, the best shortcut you can take is to reach out to the listed contact for each of the properties that make it to your shortlist and schedule a viewing to get more in-depth information.
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175 Central Avenue, West Hill Spirit, Albany, NY
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41 State Street, Downtown Albany, Albany, NY
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155 Washington Avenue, Sheridan Hollow, Albany, NY
134-136 State Street, Downtown Albany, Albany, NY