Retail Suite with Rear
New
For Lease
$1,300/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
Retail
Zoning
Commercial
Parking
4
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, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
parking
restrooms
Building Details
Year built
1959
Floors in Building
1
Flooring type
Concrete, Carpet
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 14
Last Checked: Oct 15 at 12:06PM
MLS# 202628233
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 retail suite at 1995 Central Avenue has an open entry room and two smaller rooms at the rear. Restrooms are located in a shared area maintained by the landlord. The building dates to 1959 and contains 15,044 square feet on a 1.64-acre parcel.
The property is on Central Avenue in Albany. 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 lease is modified gross, with the tenant responsible for rent and a pro-rata share of utilities and CAM. Lease term is negotiable, and additional space in the building may also be available.
The property is on Central Avenue in Albany. 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 lease is modified gross, with the tenant responsible for rent and a pro-rata share of utilities and CAM. Lease term is negotiable, and additional space in the building may also be available.
Key Highlights
- Retail suite has an open entry area and two rear rooms
- Modified‑gross lease; tenant pays a pro‑rata share of utilities and CAM
- Front and rear parking areas
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
23,000 VPD
Traffic count
Multi-tenant
Tenancy
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,173 visits/mo
0.5 miles
Exxon
Shops & Services
4,354 visits/mo
0.5 miles
U-Haul
Shops & Services
1,554 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - A modified-gross lease offers front and rear parking, with restrooms in a landlord-maintained common area.
Where is this retail space located?
The property is located at 1995 Central Avenue 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 has an open entry area and two rear rooms; Modified‑gross lease; tenant pays a pro‑rata share of utilities and CAM; Front and rear parking areas
