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Retail Suite with Rear Rooms
For Lease
$1,300/Mo

4-1995 Central Ave, Albany, NY 12210

Retail suite with an open front room, two rear rooms, and landlord-maintained common restrooms in the COR zone.

Property Size15,044 SF
Days on Market161

Property Features for 4-1995 Central Ave

General Information

Standard status Active
Size 15,044 SF
Zoning COR
Lease Type MG

Additional Details

Space Use Retail
Flexible Term Yes
Traffic Count 23,000 vehicles/day
Listing Agency: Howard Hanna Capital Inc
Listed By: Joel A Koval · License #30KO0886220
Source: Exprealty
Added: Feb 20 Changed: Jul 30 Last Checked: Jul 30 at 12:51PM

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.

Retail suite available in a building with ample off-street parking. The space is arranged with an open room as you enter the suite, followed by two smaller rooms in the rear. Restrooms are located in a landlord-maintained common area. Additional space in the building is also available, and the lease term is negotiable.

The offering is on busy Central Avenue, with NY DOT showing appx 23,000 vehicles per day past the site. The lease structure is modified gross: the tenant pays monthly rent plus a pro-rata share of utilities. The landlord is working to have each space metered separately.

The property is in the COR zone with many possible uses; see documents for the list. The tenant will also benefit from the building’s parking availability when serving customers or visitors.

Key Highlights

  • COR zone with multiple possible uses; see documents for list
  • Open front room plus two rear rooms
  • Restrooms in landlord‑maintained common area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Electrical Service Furniture & Home Goods Catering Service

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

23,000 VPD
Traffic count
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

4,039
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 36%
Dunkin' Donuts Dining
10,314 visits/mo 0.4 miles
Sunoco Shops & Services
10,115 visits/mo 0.5 miles
Family Dollar Shops & Services
8,238 visits/mo 0.5 miles
SEFCU Shops & Services
4,000 visits/mo 0.4 miles
Shogun Dining
1,548 visits/mo 0.4 miles

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value

Market

Lease Benchmarks for Albany, NY

$14.43 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
15,104 SF
Avg Space Size

This space is priced 93% below the average of $14.43 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suite with an open front room, two rear rooms, and landlord-maintained common restrooms in the COR zone.
Where is this retail space located?
The property is located at 4-1995 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $1,300 /Mo.
What are key features of this property?
This property features: COR zone with multiple possible uses; see documents for list; Open front room plus two rear rooms; Restrooms in landlord‑maintained common area
More about this property
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