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Retail Storefront with Large Display Windows
For Lease
$20 SF/Yr NNN (Triple Net)

1650 Western Avenue, Albany, NY 12203

COMMERCIAL - Other - Albany, NY

Space Size3,000 SF
Property Size4,988 SF
Lot Size0.73 Acres
Days on Market422

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

Amenities

large display windows
gas furnace
central air
electric two 200 amp 3 phase panels
bathroom
newly paved & striped parking lot
FIOS capable

Building Details

Year built 1961
Floors in Building 1
Flooring type Concrete
Building materials Brick
Roof type Flat, Rubber
Architectural style Other
Listing Agency: Brokers Network
Listed By: Louise Giuliano · License #10301200608
Added: Jun 16, 2025 Changed: Aug 4 Last Checked: Aug 11 at 6:06AM
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.

Single-story brick retail storefront building featuring large display windows. The property includes a total of 4,988 SF in a single structure, built in 1961, with concrete flooring and a flat rubber roof. There is approximately 2,000 SF on the left side and approximately 3,000 SF on the right side, with a bathroom in each unit. HVAC includes forced air with natural gas, and cooling is provided by central air. Electrical service includes electric two 200 amp 3 phase panels. The parking lot has been newly paved and striped, with 29 spaces including two handicapped spaces, and the property is FIOS capable.

Located in a commercial setting on Western Avenue in Albany (12203). The building is across from Crossgates Mall and near a new Costco site, and it offers easy access to I-87 and I-90. Site access includes a center turn lane and double exits.

Zoned commercial, the property sits on 0.73 acres and is suitable for a variety of retail operations under a NNN lease structure.

Key Highlights

  • 4,988 SF single‑story brick retail storefront built in 1961 on 0.73 acres
  • Approximately 2,000 SF left‑side unit and approximately 3,000 SF right‑side unit
  • Central air and forced air natural gas HVAC; electric two 200 amp 3 phase panels

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale Store Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

981
Businesses Nearby
328k
Monthly Visits Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Albany, NY

$11.97 /SF/Yr
Avg Asking Price
$1.04–$31.08 /SF/Yr
Price Range
7,861 SF
Avg Space Size

This space is priced 67% above the average of $11.97 /SF/Yr.

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Single-story brick storefront building with flexible left and right units, central air, and parking for 29 vehicles.
Where is this storefront property 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 SF single‑story brick retail storefront built in 1961 on 0.73 acres; Approximately 2,000 SF left‑side unit and approximately 3,000 SF right‑side unit; Central air and forced air natural gas HVAC; electric two 200 amp 3 phase panels
More about this property
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