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Flex Space with Overhead Door
New
For Lease
$15-$17 SF/Yr

1865 Central Avenue, Albany, NY 12205

Commercial Lease, Albany, NY

Space SizeContact for details
Lot Size0.65 Acres
Days on Market1

Property Features for 1865 Central Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Parking 6
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions From Route 87, head west on Central Ave. Building is on right, just past New Karner Rd. Showing
Standard status Active
APN 012689 29.10-1-17
Size 6,360 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Annual Amount 11178

Utilities

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

Amenities

overhead door
signage on Central Ave

Building Details

Year built 1964
Building materials Brick
Listing Agency: Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
Listed By: Karen Zalewski-Wildzunas · License #10301219752
Added: Aug 24 Last Checked: Aug 24 at 7:06PM
MLS# 202624656

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 6,360-square-foot flex property occupies a 0.65-acre site and was built in 1964. The brick building includes an overhead door at the rear, with additional entrances along the side and rear. Natural gas forced-air heat, central air, public water, and public sewer serve the property.

The building fronts Central Avenue in Albany, with signage positioned along the roadway. The entrance is visible from Central Avenue, and the property is located across from CarMax and adjacent to Tint King. The corridor is reported at 43,000+ cars, with vehicles stopping between two signalized intersections. COR zoning supports a range of commercial uses identified for the property.

Key Highlights

  • 6,360‑square‑foot flex building on 0.65 acres
  • COR zoning supports multiple commercial uses
  • 43,000+ reported cars along Central Avenue

Property Analytics

Current Use

The Lazy Axe Hotel & Motel Tint King Interior Design

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Plumbing Service Locksmith 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Albany, NY

$11.13 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
13,397 SF
Avg Space Size

This space is priced 44% above the average of $11.13 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Moe's Southwest Grill 1770 Central Ave, Colonie, NY 12205

Frequently Asked Questions

What type of property is this?
Flex space - COR-zoned commercial space with Central Avenue signage, multiple entrances, and access from a signalized corridor.
Where is this flex 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: 6,360‑square‑foot flex building on 0.65 acres; COR zoning supports multiple commercial uses; 43,000+ reported cars along Central Avenue
More about this property
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