Office/Retail Space Near
For Lease
$900/Mo
1531 Central #Su 202, Colonie, NY 12205
Office or retail space with utilities included, near Northway.
Space SizeContact for details
Days on Market214
Property Features for 1531 Central #Su 202
General Information
Standard status
Active
Total Parking Spaces
4
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Gersch Real Estate Group
Listed By:
Patrick Campbell · License #10301214934
(518) 859-9656
Source:
Capmarkrealty
Added: Mar 5
Changed: Sep 14
Last Checked: Oct 4 at 6:45AM
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
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
581
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Colonie, NY
$14.34 /SF/Yr
Avg Asking Price
$1.65–$27 /SF/Yr
Price Range
49,987 SF
Avg Space Size
This space is priced 88% below the average of $14.34 /SF/Yr.
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 - 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.
