Flex Warehouse with Office
For Lease
$4,600/Mo
1995 Central Avenue, Albany, NY 12205
COMMERCIAL - Other - Albany, NY
Property Size15,044 SF
Lot Size1.64 Acres
Days on Market275
Property Features for 1995 Central Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Parking
10
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
Central between Cadillac and 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
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Floors in Building
2
Flooring type
Wood, 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: Oct 30, 2025
Changed: Jul 24
Last Checked: Jul 31 at 3:06AM
MLS# 202528742
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 flex space offers a combined warehouse and office layout, including approximately 2,950+/- square feet of warehouse area with (3) 12' overhead doors and 900+/- square feet of office space. Restrooms are located in landlord-maintained common area, and the landlord is working on getting each space metered separately. The landlord will consider discussing a further breakdown of the space, and additional space in the building may also be available.
Located on Central Avenue, the property is supported by NY DOT data indicating approximately 23,000 vehicles per day past the site. The building provides ample off-street parking, and the site is identified within the COR zoning context, with possible uses listed in the available documents.
Lease terms are negotiable, and the deal is described as modified gross, with the tenant paying monthly rent plus a pro-rata share of utilities.
Located on Central Avenue, the property is supported by NY DOT data indicating approximately 23,000 vehicles per day past the site. The building provides ample off-street parking, and the site is identified within the COR zoning context, with possible uses listed in the available documents.
Lease terms are negotiable, and the deal is described as modified gross, with the tenant paying monthly rent plus a pro-rata share of utilities.
Key Highlights
- Flex space on busy Central Avenue; space includes approx. 2,950+/- SF warehouse plus 900+/- SF office
- (3) 12' overhead doors in the warehouse area
- Central Air and Natural Gas heat
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
23,000 VPD
Traffic count
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Under-served
Demand for This Use
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
Market
Lease Benchmarks for Albany, NY
$9.06 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
10,314 SF
Avg Space Size
This space is priced 60% below the average of $9.06 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flex space includes warehouse with three 12-foot overhead doors and office space, plus landlord-maintained common restrooms.
Where is this flex space located?
The property is located at 1995 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $4,600 /Mo.
What are key features of this property?
This property features: Flex space on busy Central Avenue; space includes approx. 2,950+/- SF warehouse plus 900+/- SF office; (3) 12' overhead doors in the warehouse area; Central Air and Natural Gas heat
