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    1440 Central Ave Albany, NY 12205

    For Lease
    $1.00 SF/Yr ($1,064 /Mo)

    Premier shopping center location with high traffic and anchor tenants.

    Property size:
    12,768 SF
    Lot size:
    12,768 SF

    Property Features for 1440 Central Ave

    General Information

    Size
    12,768 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space Available

    This retail space is located within a premier shopping center, strategically positioned at the intersection of Central Avenue and Wolf Road. The center benefits from high traffic volume, with Central Avenue recording 36,278 vehicles per day (VPD) and Wolf Road recording 31,348 VPD. Anchor tenants include Target, Lowe's, JoAnn's, Marshalls, Staples, Petco, Buy Buy Baby, and Empire Wine. The location is across from Colonie Center. The property offers 12,768 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marshalls Department Store Eddie Bauer Outlet Clothing Store Petco Dog Training Dog Trainer UPS Alliance Shipping ... Shipping And Mailing Service Super Shoes Shoe Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    Sunglass Hut at Macy's, Northway Shopping Center, Amazon Returns, Colonie Center

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8209739
    Latitude
    42.7069137

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    FAQs

    What type of property is this?
    Shopping center - Premier shopping center location with high traffic and anchor tenants.
    Where is this shopping center located?
    The property is located at 1440 Central Ave Albany, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Premier location within a major Capital District shopping center.; - Anchored by high-traffic retailers: Target, Lowe's, JoAnn's, Marshalls, Staples, Petco, Buy Buy Baby, and Empire Wine.; - Strategically positioned at the intersection of Central Avenue and Wolf Road.
    (518) 952-7500
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    Albany, NY 12205
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    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
    1440 Central Ave Albany, NY 12205
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