Brick Retail
For Lease
$20 SF/Yr
1650 Western Avenue, Albany, NY 12203
Commercial Lease, Albany, NY
Space SizeContact for details
Lot Size0.73 Acres
Days on Market467
Property Features for 1650 Western Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
Commercial
Parking
29
Lot features
Road Frontage, Level, Private, Cleared, Landscaped
High school
Guilderland
Elementary school district
Guilderland
Middle school district
Guilderland
High school district
Guilderland
Directions
Across from Crossgates Mall entrance on Western Avenue
Standard status
Active
APN
013089 52.14-4-3
Size
4,988 SF
Lot size
0.73 Acres
Taxes and HOA fees
Tax Annual Amount
15000
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Flooring type
Concrete
Building materials
Brick
Roof type
Rubber, Flat
Architectural style
Other
Listing Agency:
Brokers Network
(518) 952-0665
Listed By:
Louise Giuliano · License #10301200608
(518) 470-4877
Added: Jun 16, 2025
Changed: Sep 19
Last Checked: Sep 25 at 8:06PM
MLS# 202519864
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property includes 4,988 square feet within a 0.73-acre parcel. Built in 1961, the building has brick construction, a flat rubber roof, and concrete flooring. Central air conditioning and forced-air heating supported by natural gas serve the interior.
Public water and public sewer are in place, and the property carries Commercial zoning. The existing physical features provide a straightforward base for retail occupancy in Albany.
Public water and public sewer are in place, and the property carries Commercial zoning. The existing physical features provide a straightforward base for retail occupancy in Albany.
Key Highlights
- 4,988‑square‑foot retail property on a 0.73‑acre parcel
- Commercial zoning
- Brick construction completed in 1961
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
981
Businesses Nearby
328k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 73%
Dining 13%
Leisure 6%
Shops & Services 6%
DICK'S Sporting Goods
Apparel
101,766 visits/mo
0.3 miles
Macy's
Apparel
80,286 visits/mo
0.4 miles
JCPenney
Apparel
58,395 visits/mo
0.3 miles
McDonald's
Dining
30,802 visits/mo
0.3 miles
Regal Crossgates
Leisure
20,855 visits/mo
0.4 miles
Demographics for 12203, NY
28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$15.48 /SF/Yr
Avg Asking Price
$1.65–$34 /SF/Yr
Price Range
8,561 SF
Avg Space Size
This space is priced 29% above the average of $15.48 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - The space combines commercial zoning with brick construction, concrete flooring, and central air.
Where is this retail space located?
The property is located at 1650 Western Avenue Albany, NY.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 4,988‑square‑foot retail property on a 0.73‑acre parcel; Commercial zoning; Brick construction completed in 1961
