Office/Warehouse Flex
For Lease
Contact for pricing
845 Central Ave, Albany, NY 12206
Flex space features large first-floor office/warehouse layout with docks along a busy Central Avenue corridor.
Property Size27,888 SF
Days on Market1296
Property Features for 845 Central Ave
General Information
Standard status
Active
Size
27,888 SF
Property subtype
OFFICE
Lease Type
SF/yr
Listing Agency:
Cushman & Wakefield | Pyramid Brokerage - Albany
(518) 954-9160
Listed By:
Jeffrey D’Amore, SIOR · License #10301218917
(518) 954-9160
Source:
Moodyscre
Added: Jan 12, 2023
Changed: Jul 28
Last Checked: Jul 30 at 11:27AM
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 Cushman & Wakefield | Pyramid Brokerage - Albany
Investment Insights
Based on property information with market context.
This centrally located flex building offers office/warehouse space on the first floor, including dock access. The property is configured with large floor plates designed to accommodate a variety of office and warehouse buildouts.
The building sits on the busy Central Avenue corridor in Albany, with nearby amenities.
Ownership and property management are actively managed, supporting an operationally ready environment for tenants looking for adaptable office/warehouse space with first-floor dock functionality.
The building sits on the busy Central Avenue corridor in Albany, with nearby amenities.
Ownership and property management are actively managed, supporting an operationally ready environment for tenants looking for adaptable office/warehouse space with first-floor dock functionality.
Key Highlights
- Office building on the busy Central Avenue corridor with nearby amenities
- Large floor plates designed to accommodate various buildouts
- Office/warehouse flex space on the first floor
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,144
Businesses Nearby
Under-served
Demand for This Use
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
$9.06 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
10,314 SF
Avg Space Size
This space is priced 54% above the average of $9.06 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space features large first-floor office/warehouse layout with docks along a busy Central Avenue corridor.
Where is this flex space located?
The property is located at 845 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Office building on the busy Central Avenue corridor with nearby amenities; Large floor plates designed to accommodate various buildouts; Office/warehouse flex space on the first floor