Two-Office Commercial
For Lease
$900/Mo
1531 Central, Albany, NY 12205
Commercial Lease, Albany, NY
Space Size570 SF
Lot Size0.20 Acres
Days on Market259
Property Features for 1531 Central
General Information
Property type
Commercial Lease
Property subtype
Other
Parking
4
High school
Colonie Central HS
Elementary school district
South Colonie
Middle school district
South Colonie
High school district
South Colonie
Directions
central ave just west of northway
Standard status
Active
APN
012601 41.12-5-7.2
Size
6,560 SF
Lot size
0.20 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
heat
electric
air conditioning
community bathrooms
Building Details
Year built
1950
Building materials
Block
Architectural style
Other
Listing Agency:
Gersch Real Estate Group LLC
(518) 452-1456
Listed By:
Patrick Campbell · License #10301214934
(518) 859-9656
Added: Jan 15
Changed: Sep 12
Last Checked: Oct 1 at 6:06PM
MLS# 202610725
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial offering includes two office units totaling 570 square feet, with heat, electricity, and central air conditioning included. Two shared bathrooms serve the space, and the building was constructed with block materials in 1950.
The property is located at 1531 Central in Albany, approximately one-quarter mile from the Northway. Public water and public sewer serve the property. The space may accommodate office or retail use, including a hair salon or eyelash-related business.
The property is located at 1531 Central in Albany, approximately one-quarter mile from the Northway. Public water and public sewer serve the property. The space may accommodate office or retail use, including a hair salon or eyelash-related business.
Key Highlights
- Two office units totaling 570 square feet
- Heat, electricity, and air conditioning included
- Two community bathrooms
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Explore this area
Business Placement
Demographics for 12205, NY
27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value
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Market
Lease Benchmarks for Albany, NY
$14.34 /SF/Yr
Avg Asking Price
$1.65–$27 /SF/Yr
Price Range
49,987 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 units - Two office units include heat, electricity, air conditioning, and shared bathrooms.
Where is this office units located?
The property is located at 1531 Central Albany, NY.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: Two office units totaling 570 square feet; Heat, electricity, and air conditioning included; Two community bathrooms
