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Retail Pharmacy with Parking
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419 Delaware Ave, Albany, NY 12209

CVS has been operating since 1981 and offers 20+ parking spaces, with a roof replacement completed in 2013.

Property SizeContact for details
Days on Market143

Property Features for 419 Delaware Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Silber Investment Properties Ltd
Listed By: Stuart Frankel · License #NY 40FR1166711
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 10:11AM

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 Silber Investment Properties Ltd

Investment Insights

Based on property information with market context.

This property is a CVS retail pharmacy that has been operating since September 1981. The roof was replaced in 2013 with a 15-year warranty. Public remarks also indicate a new lease extension, reflecting CVS’s continued commitment to the location.

The store is reported as the main CVS location for SUNY Albany, which has over 20,000 students, and SUNY Albany is described as being within very close proximity.

The property includes 20+ parking spaces, supporting convenient customer access for the retail pharmacy operation.

Key Highlights

  • CVS has been operating since Sept. 1981
  • New lease extension suggests CVS commitment to the location
  • Roof was replaced in 2013 with a 15‑year warranty

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

872
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Electronics 11%
Sunoco Shops & Services
10,385 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
4,264 visits/mo 0.3 miles
Boost Mobile Electronics
1,732 visits/mo 0.2 miles

Demographics for 12209, NY

10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value

Market

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
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Similar Off Market Nearby

  • Bryant Essentials 4 Jeanette St, Albany, NY 12209
  • Sandra Preston 415 Delaware Ave, Albany, NY 122091615
  • CVS Pharmacy 415-419 Delaware Ave, Albany, NY 12209
  • Ariana Kalamaras 260 Delaware Ave, Albany, NY 122091754
  • Lincoln Pharmacy 300 Morton Ave, Albany, NY 12209

Frequently Asked Questions

What type of property is this?
Drug store - CVS has been operating since 1981 and offers 20+ parking spaces, with a roof replacement completed in 2013.
Where is this drug store located?
The property is located at 419 Delaware Ave Albany, NY.
What are key features of this property?
This property features: CVS has been operating since Sept. 1981; New lease extension suggests CVS commitment to the location; Roof was replaced in 2013 with a 15‑year warranty
(516) 864-8000 Call to check price and availability
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