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Storefront Space with Shared Parking
For Lease
$1,100/Mo

1229 Central Avenue, Albany, NY 12205

The lease covers taxes, water, common-area maintenance, lawn care, and dumpster service.

Space SizeContact for details
Days on Market10

Property Features for 1229 Central Avenue

General Information

Standard status Active
Total Parking Spaces 28

Amenities

Accessible Sidewalks

Building Details

Year Built 1955
Listing Agency: Salisbury Real Estate Services
Listed By: Jeff Siggia · License #10401269553
Source: Signatureonerealtygroup
Added: Sep 26 Changed: Oct 4 Last Checked: Oct 4 at 10:31AM

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 Salisbury Real Estate Services

Investment Insights

Based on property information with market context.

This 700-square-foot storefront space was built in 1955 and formerly operated as a beauty shop. The lease includes taxes, water, common-area maintenance, lawn care, and dumpster service.

Located at 1229 Central Avenue in Colonie, the property has mixed zoning and shared parking for 24 vehicles, plus 4 handicapped spaces.

Key Highlights

  • 700‑square‑foot storefront space
  • Shared parking for 24 vehicles plus 4 handicapped spaces
  • Mixed zoning

Property Analytics

Current Use

ScrubADub Dog Grooming Pet Grooming Service Figueroa Teresa Cosmetic Store Murray Associates Financial Advisor

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Pharmacy

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
$2.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 74% Dining 26%
Cumberland Farms Shops & Services
16,139 visits/mo 0.3 miles
KFC Dining
8,323 visits/mo 0.1 miles
TD Bank Shops & Services
4,470 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
2,598 visits/mo 0.2 miles
Interstate Batteries Shops & Services
555 visits/mo 0.2 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

Market

Lease Benchmarks for Albany, NY

$13.95 /SF/Yr
Avg Asking Price
$4–$22.02 /SF/Yr
Price Range
6,814 SF
Avg Space Size

This space is priced 35% above the average of $13.95 /SF/Yr.

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - The lease covers taxes, water, common-area maintenance, lawn care, and dumpster service.
Where is this storefront property located?
The property is located at 1229 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: 700‑square‑foot storefront space; Shared parking for 24 vehicles plus 4 handicapped spaces; Mixed zoning
More about this property
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