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    1593 Central Ave Albany, NY 12205

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    For Lease
    Contact for pricing

    Retail property with high visibility and excellent condition for rent.

    Property size:
    1,228 SF
    Lot size:
    1.62 Acres

    Property Features for 1593 Central Ave

    General Information

    Size
    1,228 SF
    Lot size
    1.62 Acres

    Source: Cronin Real Estate NY Agent Steven J Cronin

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

    Overview

    Retail Space with Long-Term Tenants

    This retail property features a diverse mix of long-term tenants and parking available in front. The property is in excellent condition and offers great visibility. It is located approximately 1/4 mile from the Northway and benefits from a high average annual daily traffic count exceeding 43,000 vehicles. The location is situated on a main bus line. The property offers 1228 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Oreck Vacuums of Albany Vacuum Cleaner Store FASTSIGNS Sign Shop NY Shooter Supply Gun Shop Finnigan's Sportscards Sports Card Store Cali King Smoke ... Smoke Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8318294
    Latitude
    42.7170264

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    FAQs

    What type of property is this?
    Strip mall - Retail property with high visibility and excellent condition for rent.
    Where is this strip mall located?
    The property is located at 1593 Central Ave Albany, NY.
    What are key features of this property?
    This property features: - Fantastic location on a main bus line; - AADT traffic count of over 43,000; - 1/4 mile to Northway
    (518) 469-2836
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    1593 Central Ave Albany, NY 12205
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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
    1593 Central Ave Albany, NY 12205
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