Office and Retail
For Lease
Contact for pricing
145 Central Ave, Albany, NY 12206
First-floor office space with lower-level storage and gated parking along Central Avenue in Albany.
Property Size18,000 SF
Days on Market1257
Property Features for 145 Central Ave
General Information
Standard status
Active
Size
18,000 SF
Total Parking Spaces
50
Elevators
Yes
Property subtype
OFFICE
Lease Type
SF/yr
Space & Availability
Floor
1
Space Use
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
gated parking lot
freight elevator
raised flooring
Listing Agency:
CBRE | Albany
(518) 452-2700
Listed By:
Tom MacClarence · License #10301211707
(518) 461-4184
Source:
Moodyscre
Added: Feb 20, 2023
Changed: Jul 29
Last Checked: Jul 30 at 10:15AM
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 office/retail building offers improved office space on the first floor with lower-level storage. The building includes a freight elevator and 6-inch raised flooring throughout the main floor, supporting flexible tenant build-out and efficient operations.
The property is located at 145 Central Ave in the City of Albany along Central Avenue (Route 5) between Lexington and Robin Streets. A 150-car private, gated parking lot is available at 106 Central Avenue. Nearby transit includes the Central Ave and Lexington Ave CDTA bus stop, servicing routes 1, 803, and 807, and the area is supported by an AADT traffic count of 15,986 along Route 5.
The site is approximately 1.1 miles from Albany Medical Center and Empire State Plaza, and about 1.3 miles from I-90 Exit 6.
The property is located at 145 Central Ave in the City of Albany along Central Avenue (Route 5) between Lexington and Robin Streets. A 150-car private, gated parking lot is available at 106 Central Avenue. Nearby transit includes the Central Ave and Lexington Ave CDTA bus stop, servicing routes 1, 803, and 807, and the area is supported by an AADT traffic count of 15,986 along Route 5.
The site is approximately 1.1 miles from Albany Medical Center and Empire State Plaza, and about 1.3 miles from I-90 Exit 6.
Key Highlights
- First‑floor improved office space with lower‑level storage
- 6‑inch raised flooring throughout the main floor
- Freight elevator
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
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
$16.26 /SF/Yr
Avg Asking Price
$0.52–$22.66 /SF/Yr
Price Range
79,894 SF
Avg Space Size
This space is priced 26% below the average of $16.26 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - First-floor office space with lower-level storage and gated parking along Central Avenue in Albany.
Where is this office building located?
The property is located at 145 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: First‑floor improved office space with lower‑level storage; 6‑inch raised flooring throughout the main floor; Freight elevator
