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Six-Unit Office Building
New
For Sale
$1,450,000

1735 Central Avenue, Albany, NY 12205

Commercial Sale, Albany, NY

Property Size12,000 SF
Lot Size0.66 Acres
Price / SF$120.83
Days on Market1

Property Features for 1735 Central Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Parking 45
Security features Security System
Lot features Corner Lot
High school Colonie Central HS
Elementary school district South Colonie
Middle school district South Colonie
High school district South Colonie
Directions Central Ave between Willow Ave and Birch Ave
Standard status Active
APN 012601 29.19-3-48
Size 12,000 SF
Lot size 0.66 Acres

Taxes and HOA fees

Tax Annual Amount 27469

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1980
Floors in Building 2
Flooring type Tile, Carpet
Building materials Brick
Roof type Rubber
Architectural style Other
Listing Agency: Century 21 North East · Century 21 Real Estate
Listed By: Courtney Mulhern · License #10401375375
Added: Oct 5 Last Checked: Oct 5 at 6:06PM
MLS# 202627583

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 12,000-square-foot office building on a 0.66-acre parcel was built in 1980 and has brick construction. The layout includes six units, with five currently vacant and one occupied by a dental practice. An elevator serves the building, and common restrooms are located on both the first and second floors. Interior finishes include tile and carpet; building systems include natural gas forced-air heat and central air conditioning. Maintenance or updates have been made to the heating, plumbing, and electrical systems.

The property is on Central Avenue and has bus-line access. It is served by public water and public sewer and has Commercial zoning.

Key Highlights

  • 12,000‑square‑foot office building on a 0.66‑acre parcel
  • Six units; five are vacant and one is occupied by a dental practice
  • Elevator and common restrooms on the first and second floors

Property Analytics

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Current Use

Stephen A. Harris, DMD Dental Office Hoffman & Riley Architect Di Donato Kathy Dental Office Loudon Property Management ... Property Management Company Northeast Mediation Mediation Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Plumbing Service Garden Center Pet Grooming Service Cafe & Coffee 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

6
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

658
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Five suites are vacant, while a dental practice occupies the remaining unit.
Where is this office building located?
The property is located at 1735 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 12,000‑square‑foot office building on a 0.66‑acre parcel; Six units; five are vacant and one is occupied by a dental practice; Elevator and common restrooms on the first and second floors
More about this property
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