Retail Suite with Rear
New
For Lease
$1,300/Mo Modified Gross
1995 Central Avenue Unit 4, Albany, NY 12205
An open entrance area leads to two smaller rooms, with shared restrooms maintained by the landlord.
Space SizeContact for details
Days on Market5
Property Features for 1995 Central Avenue Unit 4
General Information
Standard status
Active
Zoning
COR
Lease Type
Modified Gross
Additional Details
Space Use
Retail
Flexible Term
Yes
Traffic Count
23,000 vehicles/day
Amenities
Accessible Doors
Building Details
Year Built
1959
Listing Agency:
Howard Hanna Capital Inc
Listed By:
Joel A Koval · License #30KO0886220
(518) 466-5635
Source:
Signatureonerealtygroup
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 8:31AM
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.
This retail suite at 1995 Central Avenue includes an open area near the entrance and two smaller rooms at the rear. Restrooms are located in a common area and maintained by the landlord. The building was constructed in 1959, and additional space in the building is also available. The lease is modified gross, with the tenant responsible for a pro-rata share of utilities and CAM; lease term is negotiable.
The property is in the COR zone. NY DOT reports approximately 23,000 vehicles per day passing the site. Parking is available at both the front and rear of the building.
The property is in the COR zone. NY DOT reports approximately 23,000 vehicles per day passing the site. Parking is available at both the front and rear of the building.
Key Highlights
- Retail suite with an open entrance area and two rear rooms
- COR zoning
- NY DOT reports approximately 23,000 vehicles per day passing the site
Property Analytics
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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
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
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Market
Lease Benchmarks for Albany, NY
$15.63 /SF/Yr
Avg Asking Price
$1.65–$34 /SF/Yr
Price Range
8,316 SF
Avg Space Size
This space is priced 93% below the average of $15.63 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Frequently Asked Questions
What type of property is this?
Retail space - An open entrance area leads to two smaller rooms, with shared restrooms maintained by the landlord.
Where is this retail space located?
The property is located at 1995 Central Avenue Unit 4 Albany, NY.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Retail suite with an open entrance area and two rear rooms; COR zoning; NY DOT reports approximately 23,000 vehicles per day passing the site
