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Two-Story Office Building with Elevator
For Lease
$15 SF/Yr

1735 Central Avenue, Albany, NY 12205

COMMERCIAL - Albany, NY

Property Size12,000 SF
Lot Size0.66 Acres
Days on Market45

Property Features for 1735 Central Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning Commercial
Parking 45
Security features Security System
Lot features Corner Lot
High school Colonie Central HS
Elementary school district South Colonie
Middle school district South Colonie
High school district South Colonie
Directions Central Ave between Willow and Birch
Standard status Active
APN 012601 29.19-3-48
Size 12,000 SF
Lot size 0.66 Acres

Taxes and HOA fees

Tax Annual Amount 27469

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 2
Flooring type Tile, Carpet
Building materials Brick
Roof type Rubber
Listing Agency: Century 21 North East · Century 21 Real Estate
Listed By: Courtney Mulhern · License #10401375375
Added: Jun 17 Changed: Jul 24 Last Checked: Jul 31 at 12:06PM
MLS# 202620007

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 two-story commercial office building offers five currently available office units, with common restrooms on both the first and second floors. Elevator service supports move-through between levels, and unit sizes vary from approximately 1,075 square feet to 2,640 square feet.

The property is located on Central Ave in Albany, NY, with stated high traffic and visibility. The building is described as easy to access and is on the bus line.

These spaces are suitable for tenants seeking flexible office footprints within a single managed building configuration. Tenant responsibility is identified as base rent plus utilities, with accessibility and elevator service supporting day-to-day operations across both floors. The combination of multiple available units and on-site restroom availability on each level can simplify planning for growing or consolidating office teams.

Key Highlights

  • Two‑story brick building (built 1980) with central Ave frontage and high traffic visibility
  • 5 units available, ranging from approximately 1,075 to 2,640 SF per unit
  • Central Air cooling; forced‑air natural gas heating

Property Analytics

Current Use

Stephen A. Harris, DMD Dental Office Hoffman & Riley Architect Di Donato Kathy Dental Office Loudon Property Management ... Property Management Company Northeast Mediation Mediation Service

Suggested Use

Top Pick Real Estate Agency Restaurant Garden Center Cafe & Coffee Shop Furniture & Home Goods Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.51 /SF/Yr
Avg Asking Price
$0.66–$25 /SF/Yr
Price Range
29,771 SF
Avg Space Size

This space is priced 11% above the average of $13.51 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Five available office units in a two-story building, with elevator access and restrooms on both floors.
Where is this office units located?
The property is located at 1735 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Two‑story brick building (built 1980) with central Ave frontage and high traffic visibility; 5 units available, ranging from approximately 1,075 to 2,640 SF per unit; Central Air cooling; forced‑air natural gas heating
More about this property
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