Office Units with Retail
For Lease
$900/Mo
1531 Central, Albany, NY 12205
COMMERCIAL - Other - Albany, NY
Space Size570 SF
Lot Size0.20 Acres
Days on Market210
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: Aug 8
Last Checked: Aug 13 at 2:06AM
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.
The property includes two office units totaling 570 square feet, with heat, electric service, and central air conditioning included. Two shared bathrooms serve the office area. The space can accommodate office or retail use, including hair salon and eyelash service applications.
The 6,560-square-foot block building sits on 0.2 acres at 1531 Central in Albany, approximately one-quarter mile from the Northway. Built in 1950, the property has forced-air heating, central air, public water, and public sewer. Road exposure supports access for customer-oriented uses.
The 6,560-square-foot block building sits on 0.2 acres at 1531 Central in Albany, approximately one-quarter mile from the Northway. Built in 1950, the property has forced-air heating, central air, public water, and public sewer. Road exposure supports access for customer-oriented uses.
Key Highlights
- Two office units totaling 570 square feet
- Heat, electric, and central air conditioning included
- Two community bathrooms
Property Analytics
Property Profile
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
Market
Lease Benchmarks for Albany, NY
$14.04 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
48,973 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Suitable for office, retail, hair salon, or eyelash service uses.
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, electric, and central air conditioning included; Two community bathrooms
