Freestanding Commercial Building on Central
For Lease
$17 SF/Yr
1865 Central Avenue, Albany, NY 12205
6,360 SF commercial building for lease on 0.65 acres.
Space SizeContact for details
Property Size6,360 SF
Lot Size0.65 Acres
Days on Market157
Property Features for 1865 Central Avenue
General Information
Standard status
Active
Size
6,360 SF
Lot size
0.65 Acres
Property subtype
Retail
Building Details
Building Size
6,360 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: May 27
Changed: Oct 26
Last Checked: Oct 28 at 4:42AM
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 Pyramidbrokerage
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Investment Insights
Based on property information with market context.
This freestanding commercial building, offering approximately 6,360 square feet, is available for lease. The property features a flexible layout and excellent visibility on Central Avenue (NY-5), a busy commercial corridor with high daily traffic. Situated on a 0.65-acre lot, the property includes on-site parking at approximately 4.7 spaces per 1,000 square feet, with additional space for outdoor display or potential expansion. Multiple entrances and a rear overhead door provide versatile access. Zoned COR, the building is suitable for retail, service, showroom, or light industrial uses, offering high exposure and convenient access within a strong commercial area.
Key Highlights
- High‑visibility location on Central Avenue (NY‑5) with strong daily traffic counts.
- Flexible ±6,360 SF freestanding commercial building suitable for retail, service, showroom, or light industrial use.
- Generous on‑site parking (approximately 4.7 spaces per 1,000 SF) on a ±0.65‑acre lot.
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$14.46 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
8,732 SF
Avg Space Size
This space is priced 18% above the average of $14.46 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - 6,360 SF commercial building for lease on 0.65 acres.
Where is this retail space located?
The property is located at 1865 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on Central Avenue (NY‑5) with strong daily traffic counts.; Flexible ±6,360 SF freestanding commercial building suitable for retail, service, showroom, or light industrial use.; Generous on‑site parking (approximately 4.7 spaces per 1,000 SF) on a ±0.65‑acre lot.
