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Furnished Office Suites with Parking
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1218 Central Ave, Albany, NY 12205

Office suites with shared kitchenette, LED lighting, Verizon Fios, and 60 on-site parking spaces.

Property Size1,600 SF
Days on Market437

Property Features for 1218 Central Ave

General Information

Standard status Active
Size 1,600 SF
Total Parking Spaces 60
Property subtype OFFICE
Lease Type SF/mo

Additional Details

Highway Access Yes

Amenities

WiFi
full shared kitchenette
energy efficient LED lighting
Verizon Fios available
Listing Agency: CBRE | Albany
Listed By: Dan Davitt · License #30DA0985844
Source: Moodyscre
Added: May 21, 2025 Changed: Jul 28 Last Checked: Jul 30 at 10:29AM

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 CBRE | Albany

Investment Insights

Based on property information with market context.

These office suites offer a mix of configurations, including some single-room suites that are furnished. The building features a full shared kitchenette, energy-efficient LED lighting, and Verizon Fios availability, with full-service rents including WiFi. New owner/management has overseen improvements made throughout the property, including a new roof, landscaping, and new interior finishes.

The property is centrally located at 1218 Central Ave in Albany, New York, with amenities nearby. It is approximately 1.3 miles from I-87 and provides 60 parking spaces for tenants and visitors.

Key Highlights

  • Full‑service rents include WiFi
  • Office suites with full shared kitchenette
  • LED lighting and Verizon Fios available

Property Analytics

Current Use

NY Tag & Title ... Vehicle Inspection Center Raimo Auto Tag ... Title Company NurseCore Employment Agency Schaefer Media & Marketing, ... Marketing & Advertising 5 Star International ... Travel Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm Pharmacy Garden Center

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
Highway access
NNN (Triple Net)
Lease Type
$1.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby

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

Market

Lease Benchmarks for Albany, NY

$13.51 /SF/Yr
Avg Asking Price
$0.66–$25 /SF/Yr
Price Range
29,771 SF
Avg Space Size

This space is priced 6% below the average of $13.51 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Office suites with shared kitchenette, LED lighting, Verizon Fios, and 60 on-site parking spaces.
Where is this office units located?
The property is located at 1218 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $1,700 /Mo.
What are key features of this property?
This property features: Full‑service rents include WiFi; Office suites with full shared kitchenette; LED lighting and Verizon Fios available
(518) 312-7171 Call to check price and availability
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