Flex Space with
For Lease
$21 SF/Yr
2038 Central Avenue, Colonie, NY 12205
A freestanding property brings together customer-facing display space, private offices, and warehouse/shop area.
Space Size3,770 SF
Days on Market771
Property Features for 2038 Central Avenue
General Information
Standard status
Active
Size
3,770 SF
Net Rentable
3,770 SF
Total Parking Spaces
70
Zoning
Commercial
Lease Type
Modified Gross
Space & Availability
Available Space
3,770 SF
Contiguous Space
3,770 SF
Space Use
Retail
Lease Terms
Lease Rate
$21 /SF/YR
Monthly Rent
$6,597
Rent per SF/Year
$21
Additional Details
Traffic Count
22,891 vehicles/day
Drive-In Doors
3
Taxes and HOA fees
Annual Taxes
$10,084
Amenities
private offices
ADA restrooms
warehouse/shop space
overhead drive-in doors
signage at the street
Building Details
Building Size
3,770 SF
Year Built
2004
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Carrow Real Estate Services LLC
(518) 462-7491
Listed By:
Rudy R Lynch · License #10301200002
(518) 337-3705
Source:
Chadmajewski
Added: Sep 25, 2024
Changed: Nov 4
Last Checked: Nov 4 at 2:49PM
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 Carrow Real Estate Services LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,770-square-foot freestanding flex property was built in 2004 and is configured for a single tenant. The interior includes a retail showroom, several private offices, ADA restrooms, and warehouse/shop space served by three overhead drive-in doors. On-site parking accommodates approximately 70 vehicles, and street signage is available.
The property is located at 2038 Central Avenue in Colonie, New York. Central Avenue carries 22,891 AADT. The space is offered on a modified-gross lease structure, with utilities paid separately by the tenant.
The property is located at 2038 Central Avenue in Colonie, New York. Central Avenue carries 22,891 AADT. The space is offered on a modified-gross lease structure, with utilities paid separately by the tenant.
Key Highlights
- 3,770‑square‑foot freestanding building constructed in 2004
- Retail showroom, several private offices, and ADA restrooms
- Warehouse/shop area with three overhead drive‑in doors
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Drive-in doors
22,891 VPD
Traffic count
Single-tenant
Tenancy
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Colonie, NY
$12.23 /SF/Yr
Avg Asking Price
$7.95–$21 /SF/Yr
Price Range
12,414 SF
Avg Space Size
This space is priced 72% above the average of $12.23 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A freestanding property brings together customer-facing display space, private offices, and warehouse/shop area.
Where is this flex space located?
The property is located at 2038 Central Avenue Colonie, NY.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 3,770‑square‑foot freestanding building constructed in 2004; Retail showroom, several private offices, and ADA restrooms; Warehouse/shop area with three overhead drive‑in doors
