Listing Agency: Pyramidbrokerage a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany Show Phone

Source: Pyramidbrokerage

Added: Apr 7 Changed: Jul 10 Last Checked: Aug 12 at 5:13AM

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Investment Insights

Based on property information with market context.

Two parcels located at 1537-1539 Central Avenue can be combined to create a single site of approximately 0.55 acres. The two sites are being offered as a package for ground lease and present a redevelopment opportunity.

Key Highlights

• Combined +/-0.55 acre site for redevelopment.
• Two parcels offered as a package.
• Located on Central Avenue.

Property Analytics

Property Profile

Current Use

Texture Hair Studio Hair Salon Hair by Cortney Hair Salon Schoolhouse Learning High School

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Locksmith Tattoo & Piercing Shop Barber Shop

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

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Two parcels available for ground lease, redevelopment opportunity.

Where is this commercial land located?

The property is located at 1537 Central Avenue Albany, NY.

What are key features of this property?

This property features: Combined +/-0.55 acre site for redevelopment.; Two parcels offered as a package.; Located on Central Avenue.