Search
Office/Retail Space Near Northway
For Lease
$900/Mo

1531 Central #Su 202, Colonie, NY 12205

Office or retail space with utilities included, near Northway.

Space SizeContact for details
Lot Size0.20 Acres
Days on Market217

Property Features for 1531 Central #Su 202

General Information

Standard status Active
Lot size 0.20 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Forced Air Heating

Building Details

Year Built 1950
Listing Agency: GERSCH REAL ESTATE GROUP LLC
Listed By: PATRICK CAMPBELL · License #10301214934
Source: Corcoran
Added: Jan 16 Changed: Aug 17 Last Checked: Aug 20 at 6:52AM

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 GERSCH REAL ESTATE GROUP LLC

Investment Insights

Based on property information with market context.

This commercial space, totaling 570 square feet, is suitable for office or retail use. The property is located approximately 1/4 mile from the Northway, benefiting from excellent road traffic. The space includes heat, electric, and air conditioning. There are two community bathrooms available. Potential uses include a hair salon or eye lash business.

Key Highlights

  • Excellent location: just 1/4 mile from Northway.
  • Includes heat, electric, and air conditioning.
  • Suitable for office or retail use.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Kitchen & Bath Showroom Pet Grooming 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
$0.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

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 Colonie, NY

$13.96 /SF/Yr
Avg Asking Price
$1.12–$30 /SF/Yr
Price Range
51,205 SF
Avg Space Size

This space is priced 88% below the average of $13.96 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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 - Office or retail space with utilities included, near Northway.
Where is this office units located?
The property is located at 1531 Central #Su 202 Colonie, NY.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: Excellent location: just 1/4 mile from Northway.; Includes heat, electric, and air conditioning.; Suitable for office or retail use.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message