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Second-Floor Office Suite
For Lease
$650/Mo

1692 Central Avenue #2nd FL, Colonie, NY 12205

The office accommodates a small business and is offered on a full-gross lease.

Space SizeContact for details
Property Size5,814 SF
Days on Market911

Property Features for 1692 Central Avenue #2nd FL

General Information

Standard status Active
Size 5,814 SF
Total Parking Spaces 2
Lease Type Full Service

Additional Details

Space Use Office
Public Transit Yes

Taxes and HOA fees

Annual Taxes $22,728

Amenities

on-site parking
monument sign

Building Details

Building Size 5,814 SF
Year Built 1970
Buildings 1
Listing Agency: Carrow Real Estate Services LLC
Listed By: Thomas A Miller
Source: Chadmajewski
Added: May 8, 2024 Changed: Nov 4 Last Checked: Nov 4 at 2:17PM

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

Rey
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Investment Insights

Based on property information with market context.

This second-floor office is suited to a business with a working group of one to three people. The lease is full gross, and space is available for business signage on the property’s monument sign. The building dates to 1970 and includes on-site parking.

The office is at 1692 Central Avenue in Colonie, near local shops and eateries, and is served by a CDTA bus route.

Key Highlights

  • Office space for a group of 1–3 people
  • Full‑gross lease structure
  • Second‑floor location at 1692 Central Avenue in Colonie

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Albany Family Foot ... Medical Clinic Anna Kupriyeva, DPM, ... Physician Foot Specialists Associates Medical Clinic Jeffrey D. Varney, ... Physician Dana Salagdo O.D., ... Ophthalmologist

Suggested Use

Top Pick Furniture & Home Goods Locksmith Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center 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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

777
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Colonie, NY

$14.33 /SF/Yr
Avg Asking Price
$1.65–$27 /SF/Yr
Price Range
49,048 SF
Avg Space Size

This space is priced 91% below the average of $14.33 /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

Frequently Asked Questions

What type of property is this?
Office unit - The office accommodates a small business and is offered on a full-gross lease.
Where is this office unit located?
The property is located at 1692 Central Avenue #2nd FL Colonie, NY.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: Office space for a group of 1–3 people; Full‑gross lease structure; Second‑floor location at 1692 Central Avenue in Colonie
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