Retail Storefront with Office
For Lease
$2,300/Mo
1995 Central Avenue, Albany, NY 12205
COMMERCIAL - 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
Retail
Parking
7
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
27365
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Floors in Building
2
Flooring type
Carpet, Vinyl
Building materials
Block
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 8:06AM
MLS# 202528747
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 for-rent retail storefront includes approximately 1,000 +/- square feet of front-of-store space plus about 500 +/- square feet of office or storage. Restrooms are located in the landlord-maintained common area. The lease is described as modified gross, with the tenant paying monthly rent plus a pro-rata share of utilities, and the landlord is working toward having each suite metered separately. Lease term is negotiable, and other space is available in the building.
The property is located on Central Avenue in Albany. Public remarks indicate parking in front and to the rear of the building, and NY DOT data shows approximately 23,000 vehicles per day passing the site.
The listing notes that many possible uses may be considered in the COR zone, with additional details provided in the offering documents.
The property is located on Central Avenue in Albany. Public remarks indicate parking in front and to the rear of the building, and NY DOT data shows approximately 23,000 vehicles per day passing the site.
The listing notes that many possible uses may be considered in the COR zone, with additional details provided in the offering documents.
Key Highlights
- Retail space on busy Central Avenue with approximately 1,000+/- SF front‑of‑store plus 500+/- SF office/storage
- Modified gross lease: tenant pays monthly rent plus pro‑rata share of utilities; landlord working to meter each suite separately
- Central Air and forced‑air natural gas heating; block construction
Property Analytics
Property Profile
Current Use
Lease Details
23,000 VPD
Traffic count
Yes
Paved road access
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
$13.77 /SF/Yr
Avg Asking Price
$1.04–$31.08 /SF/Yr
Price Range
5,955 SF
Avg Space Size
This space is priced 87% below the average of $13.77 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail suite includes a front sales area and adjoining office or storage, with common-area restrooms and front and rear parking.
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 $2,300 /Mo.
What are key features of this property?
This property features: Retail space on busy Central Avenue with approximately 1,000+/- SF front‑of‑store plus 500+/- SF office/storage; Modified gross lease: tenant pays monthly rent plus pro‑rata share of utilities; landlord working to meter each suite separately; Central Air and forced‑air natural gas heating; block construction
