Albany Office/Retail Building For
For Lease
$1,500,000
145 Central Avenue, Albany, NY 12206
34,132 SF office/retail building with parking in Albany, NY.
Space SizeContact for details
Days on Market145
Property Features for 145 Central Avenue
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
CBRE - Albany
(518) 257-0430
Listed By:
Kyle Rueckert · License #10301211707
(518) 257-0430
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 16 at 3:38PM
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.
This property offers approximately 34,132 square feet of office and retail space available for lease in Albany, NY. The building features approximately 18,000 square feet of improved office space on the first floor, along with approximately 16,000 square feet of lower-level storage space. A gated parking lot with approximately 50 spaces is located at 106 Central Avenue. The main floor includes 6-inch raised flooring throughout. The building is equipped with one freight elevator. The property is situated on Central Avenue (Route 5) between Lexington and Robin Streets, a primary commercial thoroughfare. It is located approximately 354 feet from the Central Ave and Lexington Ave CDTA bus stop, which services routes 1, 803, and 807. The AADT traffic count is 15,831.
Key Highlights
- Large ±34,132 SF office/retail building suitable for various uses.
- Benefit from ±18,000 SF of improved office space on the first floor.
- Enjoy the convenience of a ±50 car private, gated parking lot.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
Explore this area
Business Placement
Demographics for 12206, NY
17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Market
Lease Benchmarks for Albany, NY
$16.24 /SF/Yr
Avg Asking Price
$0.52–$22.66 /SF/Yr
Price Range
51,083 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 34,132 SF office/retail building with parking in Albany, NY.
Where is this office building located?
The property is located at 145 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $1,500,000.
What are key features of this property?
This property features: Large ±34,132 SF office/retail building suitable for various uses.; Benefit from ±18,000 SF of improved office space on the first floor.; Enjoy the convenience of a ±50 car private, gated parking lot.
