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Restaurant Building with Parking

1133 Central Avenue, Colonie, NY 12205

For Lease
$5,500/Mo

A recently updated heating system serves the existing restaurant building.

Space Size2,936 SF
Days on Market864

Property Features for 1133 Central Avenue

General Information

Standard status Active
Size 2,936 SF
Net Rentable 2,936 SF
Total Parking Spaces 46
Zoning Commercial

Space & Availability

Available Space 2,936 SF
Contiguous Space 2,936 SF

Taxes and HOA fees

Annual Taxes $11,647

Amenities

New heating system
Wet Bar

Building Details

Building Size 2,936 SF
Year Built 1978
Buildings 1
Stories 1
Listing Agency: Hunt Real Estate ERA
Listed By: Renee M McLaughlin
Source: Krutz-properties
Added: Jul 3, 2024 Changed: Nov 13 Last Checked: Nov 13 at 4:56PM

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 Hunt Real Estate ERA

Rey
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Investment Insights

Based on property information with market context.

The restaurant property at 1133 Central Avenue in Colonie, New York, contains 2,936 square feet and was built in 1978. A new heating system is in place, and the site includes a 46-car parking lot.

Key Highlights

  • 2,936 square feet of restaurant space
  • 46‑car parking lot
  • New heating system

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hey Chef Bar & Pub

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Real Estate Agency Catering Service (Bike/Boat/Book/etc) Store Plumbing 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

NNN (Triple Net)
Lease Type
$3.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,002
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 79% Dining 21%
Cumberland Farms Shops & Services
16,139 visits/mo 0.2 miles
Dunkin' Donuts Dining
5,351 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
2,598 visits/mo 0.3 miles
Extra Space Storage Shops & Services
887 visits/mo 0.5 miles
Meineke Car Care Center Shops & Services
573 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Conventional restaurants in Albany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A recently updated heating system serves the existing restaurant building.
Where is this conventional restaurant located?
The property is located at 1133 Central Avenue Colonie, NY.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 2,936 square feet of restaurant space; 46‑car parking lot; New heating system
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