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Retail Space with Salon Fixtures
For Lease
$1,100/Mo

285 Washington Avenue, Albany, NY 12206

Two ground-floor suites occupy a five-unit apartment building, with utilities included in the rent.

Space SizeContact for details
Property Size5,772 SF
Days on Market577

Property Features for 285 Washington Avenue

General Information

Standard status Active
Size 5,772 SF

Space & Availability

Floor Ground
Space Use Retail
Available From Immediate

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $12,913

Building Details

Building Size 5,772 SF
Year Built 1902
Buildings 1
Tenancy Multi
Listing Agency: KW Platform
Listed By: Benjamin R Romer · License #NY 10401317745
Source: Chadmajewski
Added: Apr 9, 2025 Changed: Nov 4 Last Checked: Nov 6 at 4:37AM

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 KW Platform

Rey
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Investment Insights

Based on property information with market context.

Two retail suites are available on the ground level of a five-unit apartment building. The larger unit includes salon and shampoo stations, and the spaces have previously accommodated a salon and a tattoo parlor. The building dates to 1902, and utilities are included in the rent.

The property is at 285 Washington Avenue in Albany’s Center Square neighborhood. Restaurants, bars, and shopping are within walking distance, and Washington Park is nearby.

Key Highlights

  • Two street‑level retail suites in a five‑unit apartment building
  • Larger suite includes salon and shampoo stations
  • Utilities included in the rent

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Auto Repair Shop HVAC Service Auto Parts Store Cafe & Coffee Shop Garden Center

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
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

$13.87 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
9,649 SF
Avg Space Size

This space is priced 83% below the average of $13.87 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Albany, NY

$13.56 Jul
$13.68 Aug
$15.07 Sep
$13.57 Oct

Properties on Market for Retail space in Albany

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Two ground-floor suites occupy a five-unit apartment building, with utilities included in the rent.
Where is this retail space located?
The property is located at 285 Washington Avenue Albany, NY.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Two street‑level retail suites in a five‑unit apartment building; Larger suite includes salon and shampoo stations; Utilities included in the rent
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