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Flex Space with Loading Areas
For Sale
$899,000

233 Central Avenue, Albany, NY 12206

COMMERCIAL - Albany, NY

Property SizeContact for details
Lot Size0.51 Acres
Days on Market308

Property Features for 233 Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 12
Interior features Built-in Features
Basement Interior Entry
Lot features Cleared
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions To get to 233 Central Avenue in Albany, NY, take I-87 to Exit 2 for Everett Road. Turn left onto Everett Road and continue for about a third of a mile until you reach Central Avenue. Turn left onto Central Avenue, and 233 Central Ave will be a short distance ahead on your left. If you're coming from downtown Albany, simply head west on Central Avenue (Route 5) until you reach the address.
Standard status Active
APN 65.63-2-56
Lot size 0.51 Acres

Taxes and HOA fees

Tax Annual Amount 51650

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Flooring type Concrete, Carpet, Hardwood
Building materials Brick
Roof type Rubber
Listing Agency: Clancy Real Estate
Listed By: Kevin Clancy · License #37CL1081409
Added: Nov 5, 2025 Changed: Aug 16 Last Checked: Sep 9 at 11:06PM
MLS# 202529186

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 flex-space property on Central Avenue includes storefront area, extensive office accommodation, warehouse space, and additional upper-level areas. The office component includes shared spaces, private offices, conference rooms, restrooms, and a lounge area. At the rear, the warehouse provides two loading areas. An unfinished apartment area and a former dry-cleaning area are also located above portions of the building. The property is offered as-is.

The 0.51-acre site includes a 12+ space parking lot and road frontage along Central Avenue. Public water and public sewer serve the property. The brick building has a rubber roof, forced-air heating, and a mix of concrete, carpet, and hardwood flooring. Commercial zoning supports the property's existing commercial configuration.

Key Highlights

  • 0.51‑acre commercial site on Central Avenue in Albany, NY
  • 12+ space parking lot included
  • Warehouse area with two loading areas

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Furniture & Home Goods Electrical Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,825
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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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Similar Off Market Nearby

  • Wally's Catering Kitchen 613 Clinton Ave, Albany, NY 12206

Frequently Asked Questions

What type of property is this?
Flex space - Commercial property combines storefront, office, warehouse, and upper-level areas along Central Avenue.
Where is this flex space located?
The property is located at 233 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 0.51‑acre commercial site on Central Avenue in Albany, NY; 12+ space parking lot included; Warehouse area with two loading areas
More about this property
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