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Warehouse Space with Overhead Door
New
For Lease
$2,475/Mo

1995 Central Avenue #1, Colonie, NY 12205

Commercial zoning and a modified-gross lease structure support flexible occupancy in this warehouse and garage space.

Space SizeContact for details
Days on Market3

Property Features for 1995 Central Avenue #1

General Information

Standard status Active
Total Parking Spaces 10
Zoning Commercial
Lease Type Modified Gross

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 1

Additional Details

Flexible Term Yes

Taxes and HOA fees

Annual Taxes $27,365

Building Details

Year Built 1959
Buildings 1
Stories 2
Listing Agency: Howard Hanna Capital Inc
Listed By: Joel A Koval · License #30KO0886220
Source: Capmarkrealty
Added: Oct 16 Last Checked: Oct 16 at 1:59PM

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 Howard Hanna Capital Inc

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Investment Insights

Based on property information with market context.

The available warehouse and garage space includes a large open room with approximately 14-foot ceilings and a 12-foot overhead door. Restrooms are located in a shared area maintained by the landlord. The building was constructed in 1959, and the space is offered under a modified-gross lease with negotiable term length.

Located on Central Avenue in Colonie, the site records approximately 23,000 vehicles per day according to NY DOT. The property is zoned Commercial, with potential uses subject to the COR zone requirements. Additional space in the building may also be available.

Key Highlights

  • Open warehouse room with approximately 14‑foot ceilings
  • Garage includes a 12‑foot overhead door
  • NY DOT reports approximately 23,000 vehicles per day passing the site

Property Analytics

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Open Analytics

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
1
Drive-in doors
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
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Market

Lease Benchmarks for Colonie, NY

$7.77 /SF/Yr
Avg Asking Price
$1.97–$12 /SF/Yr
Price Range
37,525 SF
Avg Space Size

This space is priced 75% below the average of $7.77 /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

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 - Commercial zoning and a modified-gross lease structure support flexible occupancy in this warehouse and garage space.
Where is this warehouse located?
The property is located at 1995 Central Avenue #1 Colonie, NY.
What is the lease rate?
The lease rate is $2,475/Mo.
What are key features of this property?
This property features: Open warehouse room with approximately 14‑foot ceilings; Garage includes a 12‑foot overhead door; NY DOT reports approximately 23,000 vehicles per day passing the site
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