Albany, NY Office Spaces for Rent

Find your best Albany, NY office space among 175 for rent listings, which average an asking price of $19.46 per square foot.

Office Market FAQs

Corporate Plaza

254 Washington Ave Extension, Dunes, Albany, NY
Property

Office

12,726 SF
Availability Contact for availability

For Lease Contact for pricing
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10B MADISON AV EXT

10B MADISON AV EXT, Dunes, Albany, NY
Property

Office

22,825 SF
Availability

2 Spaces

6,108 SF
Year Built

1998
For Lease

$15.50/SF/YR
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155 Washington Avenue

155 Washington Avenue, Sheridan Hollow, Albany, NY
Property

Office

72,500 SF
Availability

6 Spaces

31,269 SF
Year Built

1959
For Lease

$15.00/SF/YR
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677 Broadway

677 Broadway, Sheridan Hollow, Albany, NY
Property

Office

180,000 SF
Availability

1 Space

15,641 SF
Year Built

2004
For Lease

$14.00/SF/YR
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90 State Street
Firmvo
90 State Street #700, 7th Floor, Albany, NY
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

24/7 security

Complimentary coffee & tea

Concierge

Court runner service

Dry cleaning services

Fax services

Free water

High-speed internet

High-speed wifi

Library
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11 North Pearl Street
CapCity CoWorks
11 North Pearl Street, Albany, NY
Services

Open Workspace

Meeting Room

Private Office
Amenities

Beer

Complimentary coffee & tea

High-speed wifi

IT support

Printer

Privacy booths

Receptionist/Secretarial services

Refreshments

White boards
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956 Western Ave

956 Western Ave, Eagle Hill, Albany, NY
Property

Office

1,389 SF
Availability

1 Space

1,389 SF
Year Built

1950
For Lease

$16.00/SF/YR
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240 Washington Avenue Extension

240 Washington Avenue Ext, Dunes, Albany, NY
Property

Office

25,288 SF
Availability Contact for availability

For Lease Contact for pricing
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52 James Street

52 James Street, Sheridan Hollow, Albany, NY
Property

Office

27,000 SF
Availability

4 Spaces

10,123 SF
For Lease

$16.50/SF/MO
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45 Colvin Ave

45 Colvin Ave, Upper Washington, Albany, NY
Property

Office

10,000 SF
Availability

1 Space

1,600 SF
Year Built

1950
For Lease

$11.00/SF/YR
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15 Columbia Circle Drive

15 Columbia Circle Drive, Dunes, Albany, NY
Property

Unassigned

85,020 SF
Availability

2 Spaces

56,000 SF
Year Built

1994
For Lease

$16.00/SF/YR
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230 WASHINGTON AV EXT

230 WASHINGTON AV EXT, Dunes, Albany, NY
Property

Office

22,828 SF
Availability

2 Spaces

4,909 SF
Year Built

1932
For Lease

$14.00/SF/YR
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1 Steuben Place
The Blake Annex
1 Steuben Place, Albany, NY
Services

Open Workspace

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

High-speed wifi
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150 State Street
Aurelius Coworks
150 State Street 4th Floor, Albany, NY
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Concierge

High-speed wifi

Mail services

Printer

Professional & social events

Videoconferencing
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160 Mrytle Avenue

160 Mrytle Avenue, Hudson Park, Albany, NY
Property

Office

38,629 SF
Availability

1 Space

750 SF
For Lease

$1,500.00/MO
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40 Central Ave

40 Central Ave, Washington Square, Albany, NY
Property

Office

2,100 SF
Availability

2 Spaces

2,100 SF
Year Built

1940
For Lease

$1,500.00 - $1,850.00/MO
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418 Broadway

418 Broadway, Downtown Albany, Albany, NY
Property

Office

12,360 SF
Availability

1 Space

2,800 SF
Year Built

1845
For Lease

$3,500.00/MO
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24 MADISON AV EXT

24 MADISON AV EXT, Dunes, Albany, NY
Property

Office

29,160 SF
Availability

7 Spaces

46,469 SF
Year Built

1993
For Lease

$14.50/SF/YR
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50 State St

50 State St, Downtown Albany, Albany, NY
Property

Office

24,948 SF
Availability

2 Spaces

7,500 SF
Year Built

1920
For Lease

$16.00/SF/YR
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134-136 State Street

134-136 State Street, Downtown Albany, Albany, NY
Property

Office

19,879 SF
Availability

1 Space

1,610 SF
Year Built

1915
For Lease

$19.75/SF/YR
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Frequently Asked Questions

Asking prices vary based on the property location, rating, amenities such as proximity to restaurants, cafes, and entertainment venues, as well as convenience of access to public transport, airports, and thoroughfares.

The average rent for office space in Albany is $19.46 per square foot. The minimum rental rate for office space in Albany is $8 per square foot. Among listings of office space currently available for lease in Albany, the maximum rental rate is $27.2 per square foot.

The most common factor that influences cost of office space in any location is the property class rating. For example, Albany office space rated Class A asks an average of $23.15 per square foot. Class B office space in Albany costs $16.69 per square foot, on average.

For more details on Albany office space rent and sales prices, as well as overall market quality and new construction data, see Albany Office Market Trends.

Most experts recommend an average of between 75 and 150 square feet of office space per person. However, it is important to keep in mind that how much office space you ultimately need depends on your activity and how you need to use the space, as much as it does on how many people it should accommodate. If you already know what size office would best suit your needs, use the available space size filter at the top of the search page to focus your search on the best fit for you.

You’ll find a home for almost any size of business in Albany, as the local office market offers a wide range of options. Office spaces currently on the market go up to as much as 68,872 square feet in size for an individual listing.
However, there is a variety of differently sized opportunities below that maximum. For your consideration, the median size of an office space for lease in Albany is 2,887 square feet, and the average office space size here is 5,518 square feet.

You can find 175 office listing(s) for lease in Albany, which add up to a total of 1,010,369 square feet. Availability on the market includes a variety of office use types, such as General Office, Medical Office, Office-Business Park, Office Building, Restaurant.

The most common office use type currently available for lease in Albany is General Office, which is offered in 60 or 34.29% of listings. The second-most frequent office use type listed here is Medical Office, which account for 14 or 8.00% of office space currently available. On the other end of the spectrum, the office use type least common among local listings is Street Retail, which is available in 1 listing(s).

You can search 6 office sublease listing(s) in Albany, which amount to a total of 83,084 square feet. Sublease opportunities on the market include General Office, Medical Office, Office-Business Park. The Albany neighborhood or submarket with the most sublease listings available is Downtown Albany.

The best choice of neighborhood for your office space will greatly depend on the elements that are most relevant to your business and your employees. However, a good criterion to start with is to look at the areas of the city that have the highest concentration of office properties, as these areas are generally well connected to transit options and have a good degree of amenity availability.

In Albany, the greatest concentration of office space for lease opportunities is in Downtown Albany, Sheridan Hollow, Dunes.

Each individual’s commuting experience will of course be different depending on a number of factors. Check the location description details for the office listings that catch your eye, to get an overview of walkability, access to public transport, the quality of infrastructure dedicated to biking commuters, as well as the proximity to parking facilities, fuel stations, and other essential amenities.

The Albany office market incorporates a mix of properties of various ages, ratings, construction grades, and other quality indicators. Roughly 44% of total office space listings in the city are in properties rated Class A. You will find the highest concentration of Class A office space in the Downtown Albany neighborhood of Albany. Class B office space accounts for 37.14% of spaces listed on the leasing market. The neighborhood with the most Class B office space is Sheridan Hollow. Class C office space makes up 2.29% of office space available in Albany.

Buildings completed in and since the year 2000 account for 10.29% of office properties in the city and incorporate a total of 861,116 square feet.

There are, of course, a lot of things to factor in when you are looking for office space. Aspects including the accessibility of the location, the quality of the facility, the size of the space, the convenience of nearby amenities, the type and duration of the lease, and of course the cost are all part of the search and decision process. For a quick checklist of what you should take into account when researching the market, consider these seven tips for choosing the best office location for your business. Alternatively, for a comprehensive take on everything to consider when looking for office space, see our in-depth guide to finding office space for small or growing companies. The guide also includes insights from seasoned professionals and can serve as a helpful resource for growing companies, no matter their current size.

Are you looking to lease office space in the vicinity of your current location or in a particular neighborhood of Albany? Using the interactive map, you can easily navigate to your preferred location and customize your search area around a specific point of interest. Select “Radius” from the Search Mode options menu, click on the map to set your search reference point, and expand the radius to select your desired search area. Browse available listings to find the best office space that meets your location, as well as other business needs.

Albany, NY Office Inventory Breakdown

There are a number of factors that make a city attractive for businesses to relocate or expand, as well as for investors to enhance their portfolios through local acquisitions. Among the most important factors to consider are the size and quality of the local office market, which is an essential component of the local economy.

Total Office Space in Albany: 8,584,528 Sq. Ft.

In 2024 the Albany office market encompassed 8,584,528 square feet of space. Out of that total, 746,052 square feet were in office properties sized between 500,000 and 1,000,000 square feet. Meanwhile, 2,277,825 square feet were in office buildings sized between 50,000 and 100,000 square feet.
Class A office space makes up a 41.09% share of Albany office inventory, while Class B office assets represent roughly 55.29% of the market total.

Albany Office Market Breakdown by Building Size
Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	2,277,825 Sq. Ft.	26.53%
100k to 500k Sq. Ft.	3,985,318 Sq. Ft.	46.42%
500k to 1M Sq. Ft.	746,052 Sq. Ft.	8.69%

Albany Office Market Breakdown by Building Quality Rating
Class	Total Square Feet	Share of Total Office
Class A	3,526,995 Sq. Ft.	41.09%
Class B	4,746,464 Sq. Ft.	55.29%
Class C	311,069 Sq. Ft.	3.62%

Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.

Albany, NY Office Spaces for Rent

Corporate Plaza

10B MADISON AV EXT

155 Washington Avenue

677 Broadway

90 State Street

11 North Pearl Street

956 Western Ave

240 Washington Avenue Extension

52 James Street

45 Colvin Ave

15 Columbia Circle Drive

230 WASHINGTON AV EXT

1 Steuben Place

150 State Street

160 Mrytle Avenue

40 Central Ave

418 Broadway

24 MADISON AV EXT

50 State St

134-136 State Street

Frequently Asked Questions

Albany, NY Office Inventory Breakdown

Total Office Space in Albany: 8,584,528 Sq. Ft.

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Albany, NY Office Spaces for Rent

Frequently Asked Questions

How much does office space cost in Albany, NY?

How much office space do I need?

What types of office space can I lease in Albany, NY?

Can I find sublease office space in Albany, NY?

Where is the best location for office space in Albany, NY?

How long is the average commute to work in Albany, NY?

Where can I find the highest quality office space in Albany, NY?

How do I find the best office space in Albany, NY?

How can I find office space for rent near me?

Albany, NY Office Inventory Breakdown

Total Office Space in Albany: 8,584,528 Sq. Ft.

Other Popular Searches

Popular Coworking Searches

Popular Commercial Searches

Albany, NY in the news

How Much Office Space Could You Rent for $10K/Month in the U.S.?

About us