Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1995 Central Ave, Unit 1 Albany, NY 12205

    For Lease
    $4,600 /Mo ($3 SF/Yr)

    COMMERCIAL - Other - Albany, NY

    Property size:
    15,044 SF
    Lot size:
    1.64 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 1995 Central Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    012689 17.17-6-1
    Parking
    10
    Parking features
    Off Street
    Size
    15,044 SF
    Lot size
    1.64 Acres

    Utilities

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

    Building Details

    Year built
    1959
    Floors in Building
    2
    Flooring type
    Concrete, Wood
    Building materials
    Block
    Architectural style
    Other

    Howard Hanna Real Estate Services (518) 348-7100 [email protected]

    Listing agent Joel A Koval (518) 466-5635 License #30KO0886220

    Listing date Oct 30, 2025

    Copyright © 2025 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.

    Overview

    Central Avenue Flex Space Available

    This commercial property offers reasonably priced flex space located on Central Avenue in Albany, New York. The property is zoned commercial (COR zone), offering many possible uses. The space includes approximately 2950 square feet of warehouse space featuring three 12-foot overhead doors, along with approximately 900 square feet of office space. The landlord is willing to discuss breaking the space down further. Additional space in the building is also available. Ample off-street parking is provided for the building. Restrooms are located in a landlord-maintained common area. The lease term is negotiable. The New York Department of Transportation indicates approximately 23,000 vehicles per day pass the site. The property has a lot size of 1.64 acres and a total building size of 15,044 square feet. The lease is modified gross, with the tenant paying monthly rent plus a pro-rata share of utilities. The landlord is working on getting each space metered separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The World of Dance Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Central Self Storage, Self-Storage at U-Haul

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.86352
    Latitude
    42.745309

    Nearby Similar for Lease

    • $3,650 /Mo
      12,000 SF

      Colonie Office Space For Lease

      Multiple suites available in high-traffic Colonie location.
      1735 Central Ave, Colonie, NY 12205
      View Details
    • $16 SF/Yr
      116,741 SF

      Prime Albany Office Space Available

      Highly visible office space for rent in Albany, New York.
      1971-73 Western Ave, Albany, NY 12203
      View Details
    • $3,000 /Mo
      77,972 SF

      Mixed-Use Building Near University at Albany

      Multi-tenant retail/office building near UAlbany with easy highway access.
      35 Fuller Rd, Albany, NY 12205
      View Details
    • $15 SF/Yr
      331,056 SF

      Albany Commercial Building For Lease

      Freestanding building with high visibility and flexible layout for lease.
      1865 Central Ave, Albany, NY 12205
      View Details
    • $2,200 /Mo
      2,908 SF

      Retail Space with Private Parking

      1700 sq ft retail space with parking in Albany.
      1316 Central Ave, Albany, NY 12205
      View Details
    • $2,200 /Mo
      13,894 SF

      Loudonville Plaza Commercial Lease Space

      Prime mixed-use space suitable for retail, office, or professional services.
      260 Osborne Rd, Loudonville, NY 12211
      View Details

    FAQs

    What type of property is this?
    Warehouse - Flex space for lease on Central Avenue in Albany, NY.
    Where is this warehouse located?
    The property is located at 1995 Central Ave, Unit 1 Albany, NY.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Central Avenue (approx. 23,000 vehicles per day).; - Flexible COR zoning allows for many possible uses.; - **Large space: Approximately 2950 sqft warehouse and 900 sqft office.**
    (518) 466-5635
    Request Owner's contact information
    1995 Central Ave, Unit 1 Albany, NY 12205
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1995 Central Ave, Unit 1
    Albany, NY 12205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1995 Central Ave, Unit 1 Albany, NY 12205
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.