Retail Suite with Rear
For Lease
$1,300/Mo Modified Gross
1995 Central Avenue, Albany, NY 12205
COMMERCIAL - Other - Albany, NY
Space SizeContact for details
Lot Size1.64 Acres
Days on Market174
Property Features for 1995 Central Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
Commercial
Parking
4
Parking features
Off Street
High school
Colonie Central HS
Elementary school district
South Colonie
Middle school district
South Colonie
High school district
South Colonie
Directions
From I-87 go west on Central, at corner of Rutland
Standard status
Active
APN
012689 17.17-6-1
Size
15,044 SF
Lot size
1.64 Acres
Taxes and HOA fees
Tax Annual Amount
25069
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
restrooms in common area
Building Details
Year built
1959
Floors in Building
1
Flooring type
Carpet, Concrete
Building materials
Block
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Joel A Koval · License #30KO0886220
(518) 466-5635
Added: Feb 20
Changed: Aug 4
Last Checked: Aug 13 at 3:06AM
MLS# 202612283
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 retail suite offers an open room at the entrance with two additional smaller rooms toward the rear. Restrooms are located in a landlord-maintained common area. The landlord is also working on getting each space metered separately.
The property is situated on Central Avenue, with NY DOT reporting approximately 23,000 vehicles per day past the site. The building includes ample off-street parking, and the lease term is negotiable.
Rental is on a modified gross basis, with the tenant paying monthly rent plus a pro-rata share of utilities. The property is zoned commercial, with “COR” noted in the materials for a list of possible uses.
The property is situated on Central Avenue, with NY DOT reporting approximately 23,000 vehicles per day past the site. The building includes ample off-street parking, and the lease term is negotiable.
Rental is on a modified gross basis, with the tenant paying monthly rent plus a pro-rata share of utilities. The property is zoned commercial, with “COR” noted in the materials for a list of possible uses.
Key Highlights
- Reasonably priced retail space on busy Central Avenue with modified gross structure
- Tenant pays monthly rent plus a pro‑rata share of utilities; landlord working to meter spaces separately
- NY DOT data shows approx 23,000 vehicles per day past the site
Property Analytics
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
4,679 visits/mo
0.5 miles
Exxon
Shops & Services
4,354 visits/mo
0.4 miles
U-Haul
Shops & Services
1,554 visits/mo
0.4 miles
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
$11.97 /SF/Yr
Avg Asking Price
$1.04–$31.08 /SF/Yr
Price Range
7,861 SF
Avg Space Size
This space is priced 91% below the average of $11.97 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Suite includes an entry open room and two rear rooms with restrooms in a landlord-maintained common area.
Where is this storefront property located?
The property is located at 1995 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Reasonably priced retail space on busy Central Avenue with modified gross structure; Tenant pays monthly rent plus a pro‑rata share of utilities; landlord working to meter spaces separately; NY DOT data shows approx 23,000 vehicles per day past the site
