Albany Office Suites For
For Lease
$12.75 SF/Yr
175 Central Avenue, Albany, NY 12206
Multiple office suites available for lease in Albany, NY.
Property Size15,330 SF
Days on Market130
Property Features for 175 Central Avenue
General Information
Standard status
Active
Size
15,330 SF
Property subtype
Office
Listing Agency:
CBRE | Albany
(518) 461-4184
Listed By:
Tom MacClarence · License #Real Estate Salesperson
(518) 461-4184
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 31 at 4:25AM
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 encompassing approximately 45,000 square feet. The property is located in Albany, NY, on Route 5 (Central Avenue), situated between Robin Street and Lexington Avenue, approximately one mile west of Downtown Albany. Available spaces include a 9,000-square-foot space on the third floor, a 5,100-square-foot space on the fourth floor, and two spaces on the fifth floor measuring 482 square feet and 748 square feet, respectively. The building features secure private parking for approximately 75 vehicles located directly to the rear, as well as two passenger elevators. The property is located approximately 262 feet from the Central Ave + Robin St CDTA bus stop, which serves routes 1, 803, and 807. The AADT traffic count at Central Avenue is 15,986.
Key Highlights
- Multiple suites available within a ±45,000 SF office building.
- Secure private parking for ±75 vehicles.
- Convenient location ±1 mile west of Downtown Albany.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.91 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
Explore this area
Business Placement
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
$16.26 /SF/Yr
Avg Asking Price
$0.52–$22.66 /SF/Yr
Price Range
79,894 SF
Avg Space Size
This space is priced 22% below the average of $16.26 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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 Avenue 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 within a ±45,000 SF office building.; Secure private parking for ±75 vehicles.; Convenient location ±1 mile west of Downtown Albany.
