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Warehouse with Garage
New
For Lease
$2,475/Mo Modified Gross

1995 Central Avenue, Albany, NY 12205

Commercial Lease, Albany, NY

Space SizeContact for details
Lot Size1.64 Acres
Days on Market2

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 ave 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 27365

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1959
Floors in Building 2
Flooring type Concrete
Building materials Block
Listing Agency: Howard Hanna Capital Inc
Listed By: Joel A Koval · License #30KO0886220
Added: Oct 14 Last Checked: Oct 15 at 8:06AM
MLS# 202628232

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.

The Albany property includes a large open warehouse room and a garage with a 12-foot overhead door. The warehouse has approximately 14-foot ceilings and a concrete floor; restrooms are located in a common area maintained by the landlord. The building contains 15,044 square feet and was built in 1959, on a 1.64-acre site. Natural gas heat and off-street parking are provided.

At 1995 Central Avenue, the site is on a route with approximately 23,000 vehicles passing daily, according to NY DOT. The lease is modified gross, with the tenant responsible for monthly rent and a pro-rata share of utilities and CAMs. Lease term is negotiable; additional space in the building may be available.

Key Highlights

  • 15,044‑square‑foot building on a 1.64‑acre site
  • Open warehouse room with approximately 14‑foot ceilings
  • Garage includes a 12‑foot overhead door

Property Analytics

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Current Use

The World of Dance Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Grocery & Convenience Store

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

14 ft
Clear height
Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

233
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albany, NY

$8.05 /SF/Yr
Avg Asking Price
$5.5–$12 /SF/Yr
Price Range
38,327 SF
Avg Space Size

This space is priced 76% below the average of $8.05 /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
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Similar Off Market Nearby

  • Self-Storage at U-Haul — 2043-45 Central Ave, Albany, NY 12205
  • Central Self Storage — 2113 Central Ave, Schenectady, NY 12304

Frequently Asked Questions

What type of property is this?
Warehouse - Open warehouse space and a separate garage are available under a modified gross lease.
Where is this warehouse located?
The property is located at 1995 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $2,475/Mo.
What are key features of this property?
This property features: 15,044‑square‑foot building on a 1.64‑acre site; Open warehouse room with approximately 14‑foot ceilings; Garage includes a 12‑foot overhead door
More about this property
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