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Albany Office Suites For Lease
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175 Central Ave, Albany, NY 12206

Multiple office suites available for lease in Albany, NY.

Space Size482 SF - 9,000 SF
Property Size45,000 SF
Days on Market875

Property Features for 175 Central Ave

General Information

Standard status Active
Size 482 SF - 9,000 SF
Total Parking Spaces 75
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 45,000 SF
Year Built 1940
Tenancy Multiple

Spaces For Lease

at 175 Central Ave Contact us

Available Space 1-Third Floor

Size
9,000 SF
Availability
Active
Contact us

Available Space 2 -Fourth Floor

Size
5,100 SF
Availability
Active
Contact us

Available Space 3- Fifth Floor

Size
482 SF
Availability
Active
Contact us

Available Space 4- Fifth Floor

Size
748 SF
Availability
Active
Contact us
Listing Agency: CBRE - Albany
Listed By: Tom MacClarence · License #NY 40MA0899982
Source: Crexi
Added: Apr 16, 2024 Changed: Sep 4 Last Checked: Sep 5 at 8:01AM

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 CBRE - Albany

Investment Insights

Based on property information with market context.

Multiple suites are available for lease within a five-story office building. The building has approximately 45,000 square feet and is located in the city of Albany, New York.

Key Highlights

  • Multiple suites available for lease.
  • Located in the City of Albany, NY.
  • Five‑story office building, offering a professional environment.

Property Analytics

Current Use

Women's Employment And Resource ... Business Service Center Josephine Z. Culkin, ... Registered General Nurse Kimberly J. Spears, ... Registered General Nurse Clinic.. Medical Clinic

Suggested Use

Top Pick Acupuncture Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store HVAC 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

NNN (Triple Net)
Lease Type
$1.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,825
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Lease Benchmarks for Albany, NY

$16.92 /SF/Yr
Avg Asking Price
$13–$22.66 /SF/Yr
Price Range
52,405 SF
Avg Space Size

This space is priced 25% below the average of $16.92 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multiple office suites available for lease in Albany, NY.
Where is this office building located?
The property is located at 175 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $12.75 SF/Yr.
What are key features of this property?
This property features: Multiple suites available for lease.; Located in the City of Albany, NY.; Five‑story office building, offering a professional environment.
(518) 461-4184 Call to check price and availability
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