Retail Space on Central
For Lease
$2,300/Mo Modified Gross
1995 Central Avenue #Suite 5, Colonie, NY 12205
Affordable retail space in high-traffic Colonie location.
Space SizeContact for details
Lot Size1.64 Acres
Days on Market290
Property Features for 1995 Central Avenue #Suite 5
General Information
Standard status
Active
Lot size
1.64 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$27,365
Amenities
Central air
Carpet Flooring
Central Air Cooling
Forced Air Heating
Natural Gas Heating
Off Street
Paved
Vinyl Flooring
Building Details
Year Built
1959
Listing Agency:
HOWARD HANNA CAPITAL INC
(518) 371-4500
Listed By:
JOEL A KOVAL · License #30KO0886220
Source:
Corcoran
Added: Oct 30, 2025
Changed: Aug 15
Last Checked: Aug 15 at 7:17AM
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
Investment Insights
Based on property information with market context.
This retail space is available for rent on Central Avenue. The space features approximately 1000 square feet of 'front of store' area and an additional 500 square feet of office or storage space. Restrooms are located in a landlord-maintained common area. Parking is available both in front of and behind the building. The New York Department of Transportation reports approximately 23,000 vehicles passing the site daily. The property is located within a COR zone, and a list of possible uses is available in the provided documents. Other spaces are available in the building. The lease term is negotiable. The property operates on a modified gross lease, where the tenant pays monthly rent plus a pro-rata share of utilities. The landlord is working to have each suite metered separately.
Key Highlights
- High traffic location: NY DOT shows approximately 23,000 vehicles a day.
- Flexible COR zoning allows for many possible uses.
- Retail space is reasonably priced.
Property Analytics
Property Profile
Current Use
Lease Details
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
Market
Lease Benchmarks for Colonie, NY
$13.26 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
11,152 SF
Avg Space Size
This space is priced 86% below the average of $13.26 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Affordable retail space in high-traffic Colonie location.
Where is this retail space located?
The property is located at 1995 Central Avenue #Suite 5 Colonie, NY.
What is the lease rate?
The lease rate is $2,300/Mo.
What are key features of this property?
This property features: High traffic location: NY DOT shows approximately 23,000 vehicles a day.; Flexible COR zoning allows for many possible uses.; Retail space is reasonably priced.
