High-Profile Retail Building
For Lease
Contact for pricing
1028 Madison Avenue, Albany, NY
Former CVS building for sale or lease in Albany, NY.
Space SizeContact for details
Property Size5,544 SF
Days on Market332
Property Features for 1028 Madison Avenue
General Information
Standard status
Active
Size
5,544 SF
Property subtype
Retail
Building Details
Building Size
5,544 SF
Listing Agency:
Pyramidbrokerage
(518) 489-9199
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Sep 25, 2025
Changed: Aug 20
Last Checked: Aug 22 at 4:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pyramidbrokerage
Investment Insights
Based on property information with market context.
This high-profile building, formerly a CVS, is available for sale or lease. Situated at the signalized intersection of Madison Avenue and S. Main, the property benefits from high traffic volume, with over 18,000 vehicles per day. It marks the beginning of the retail, theatre, and restaurant district in Albany's Pine Hills neighborhood. The property is located immediately adjacent to the Madison Theatre and three properties from the Market 32 grocery store. Its location offers close proximity to SUNY Albany, St. Peter's Hospital, Albany Med, and the University Heights area. The property size is 5544 square feet and is located at 1028 Madison Avenue, Albany, NY.
Key Highlights
- High‑traffic location: Over 18,000 vehicles per day at a signalized intersection.
- Prime location in Albany's Pine Hills retail, theatre, and restaurant area.
- Adjacent to the Madison Theatre and near Market 32 grocery store.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for Albany, NY
$13.26 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
11,152 SF
Avg Space Size
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former CVS building for sale or lease in Albany, NY.
Where is this retail space located?
The property is located at 1028 Madison Avenue Albany, NY.
What are key features of this property?
This property features: High‑traffic location: Over 18,000 vehicles per day at a signalized intersection.; Prime location in Albany's Pine Hills retail, theatre, and restaurant area.; Adjacent to the Madison Theatre and near Market 32 grocery store.
