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Downtown Albany Retail Space Available
For Lease
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153 Central Ave, Albany, NY 12206

Former CVS space for sublease in downtown Albany.

Space Size9,500 SF
Property Size13,200 SF
Days on Market1262

Property Features for 153 Central Ave

General Information

Standard status Active
Size 9,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 13,200 SF
Year Built 1940
Tenancy Single

Spaces For Lease

at 153 Central Ave Contact us

Available Space

Size
9,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield Pyramid Brokerage Company, Inc - Latham, New York
Listed By: Adam Field · License #NY 10401332278
Source: Crexi
Added: Mar 9, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:34AM

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 Company, Inc - Latham, New York

Investment Insights

Based on property information with market context.

This is a former CVS retail space located in the heart of Downtown Albany, approximately 0.3 miles from Washington Park. The property benefits from high car and foot traffic. It offers approximately 9,500 square feet of available space. The sublease expires on December 31, 2029.

Key Highlights

  • Prime retail location in the heart of Downtown Albany.
  • High car and foot traffic.
  • 9,500± SF available.

Property Analytics

Current Use

CDReload at CVS Crypto Atm Richard Tourangeau Pharmacy CDReload by Crypto ... Crypto Atm UPS Access Point ... Courier Service

Suggested Use

Top Pick Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store HVAC Service

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
$0.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,825
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Dining 39%
McDonald's Dining
17,748 visits/mo 0.5 miles
Family Dollar Shops & Services
8,238 visits/mo 0.5 miles
Exxon Shops & Services
7,137 visits/mo 0.5 miles
Sunoco Shops & Services
5,929 visits/mo 0.4 miles
SEFCU Shops & Services
4,000 visits/mo 0.3 miles

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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lynn C. Ray, RPh 75 new scotland ave, albany, ny 12208
  • George R. Bailie, PharmD 106 new scotland ave, albany, ny 12208
  • Theresa A. Rochford, RPH 75 New Scotland Ave, Albany, NY 12208, United States
  • Manjunath P. Pai, PharmD 106 New Scotland Ave, Albany, NY 12208, United States
  • Katie E. Pallotta, PharmD 106 New Scotland Ave, Albany, NY 12208

Frequently Asked Questions

What type of property is this?
Drug store - Former CVS space for sublease in downtown Albany.
Where is this drug store located?
The property is located at 153 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: Prime retail location in the heart of Downtown Albany.; High car and foot traffic.; 9,500± SF available.
More about this property
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