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Modified Gross Retail Suite

1995 Central Avenue Albany, NY 12205

Claim this Listing
For Lease
$2,300/Mo $1.83 SF/Yr (calc)

COMMERCIAL - Albany, NY

Type:Retail
Property size:
15,044 SF
Lot size:
1.64 Acres
Added:
Oct 30, 2025
Days on Market:
256
Last Refresh:
Jul 12 at 10:06 pm

Property Features for 1995 Central Avenue

General Information

Property type
Commercial Lease
Property subtype
Retail
Parking
7
Parking features
Off Street
Standard status
Active
APN
012689 17.17-6-1
Size
15,044 SF
Lot size
1.64 Acres

Taxes and HOA fees

Tax Annual Amount
27365

Utilities

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

Building Details

Year built
1959
Floors in Building
2
Flooring type
Vinyl, Carpet
Building materials
Block

Listing agent Joel A Koval License #30KO0886220

Listing office Howard Hanna Capital Inc 1547 Route 9, Clifton Park, NY

Listing date Oct 30, 2025

MLS# 202528747

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 for-rent retail suite offers approximately 1,000 +/- square feet of front-of-store area plus 500+/- square feet of office and storage space. Restrooms are located in the landlord-maintained common area. The rent is structured as modified gross: the tenant pays monthly rent plus a pro-rata share of utilities, and the landlord is working to get each suite metered separately.

The space is located at 1995 Central Avenue in Albany, NY 12205. Parking is available in front of and to the rear of the building. According to NY DOT, the roadway past the site carries approximately 23,000 vehicles per day.

The property is listed as having many possible uses in the COR zone; tenants should review the provided documentation for the specific use list. This layout is well suited for business operators who need a dedicated retail presence at the front with additional back-of-house office and storage space, while relying on shared, landlord-maintained restrooms. Lease terms are described as negotiable, providing flexibility for qualified tenants.

Key Highlights

  • Busy Central Avenue retail space with approximately 1,000+/- SF front‑of‑store plus 500+/- SF office/storage
  • Modified gross lease: tenant pays monthly rent plus a pro‑rata share of utilities
  • Building has central air and natural gas forced‑air heating; public water and public sewer

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The World of Dance Training Center

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Grocery & Convenience Store Accounting Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Small retail suite with front-of-store space, office/storage, and parking in front and rear on a high-traffic corridor.
Where is this retail space located?
The property is located at 1995 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $2,300 /Mo.
What are key features of this property?
This property features: Busy Central Avenue retail space with approximately 1,000+/- SF front‑of‑store plus 500+/- SF office/storage; Modified gross lease: tenant pays monthly rent plus a pro‑rata share of utilities; Building has central air and natural gas forced‑air heating; public water and public sewer
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