Redevelopment Ground Lease
For Lease
$85,000
1933 Central Ave, Albany, NY 12205
1.3-acre pad site on the Central Ave (Rt 5) corridor, positioned between O'Reilly Auto and Dollar General.
Space SizeContact for details
Lot Size1.30 Acres
Days on Market160
Property Features for 1933 Central Ave
General Information
Standard status
Active
Lot size
1.30 Acres
Property subtype
Land
Lease Term
$85,000 SF/yr (NNN)
Additional Details
Road Access
Yes
Building Details
Year Built
1960
Spaces For Lease
at 1933 Central Ave Contact us- Term
- Negotiable
1933 Central, Town of Colonie NY
Listing Agency:
Vanguard-Fine LLC
Listed By:
Steven Lerner · License #10301205876
(518) 577-8005
Source:
Vanguardfine
Added: Apr 1
Changed: Sep 3
Last Checked: Sep 7 at 6:10AM
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 Vanguard-Fine LLC
Investment Insights
Based on property information with market context.
A 1.3-acre pad site is available for ground lease on the Central Ave (Rt 5) corridor. The prior restaurant building has been recently demolished, leaving the property ready for redevelopment.
The site is approximately 1.2 miles west of Rt 155 and is located between O'Reilly Auto and Dollar General, placing it in an active retail strip setting.
This offering consists of a single pad site intended for redevelopment, with the existing structure cleared following demolition.
The site is approximately 1.2 miles west of Rt 155 and is located between O'Reilly Auto and Dollar General, placing it in an active retail strip setting.
This offering consists of a single pad site intended for redevelopment, with the existing structure cleared following demolition.
Key Highlights
- 1.3‑acre pad site on Central Ave (Rt 5) corridor
- Located about 1.2 miles west of Rt 155
- Site is between O'Reilly Auto and Dollar General
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
392
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.3-acre pad site on the Central Ave (Rt 5) corridor, positioned between O'Reilly Auto and Dollar General.
Where is this commercial land located?
The property is located at 1933 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $85,000.
What are key features of this property?
This property features: 1.3‑acre pad site on Central Ave (Rt 5) corridor; Located about 1.2 miles west of Rt 155; Site is between O'Reilly Auto and Dollar General
