Retail
For Sale
Contact for pricing
4 Ten Eyck Avenue #Commercial, Albany, NY 12209
Heat, hot water, and electricity are included with the space.
Property Size4,787 SF
Price / SF$0.54
Days on Market60
Property Features for 4 Ten Eyck Avenue #Commercial
General Information
Standard status
Active
Size
4,787 SF
Property subtype
Business
Site & Location
Traffic Count
14,000 vehicles/day
Utilities to Site
Yes
Amenities
utilities included
Building Details
Year Built
1950
Tenancy
Single
Listing Agency:
Empire Property Management Group LLC
Listed By:
Steve Alvarez · License #49AL0939692
(518) 432-7368
Source:
Simplywoodardrealestate
Added: Sep 4
Changed: Nov 1
Last Checked: Nov 1 at 3:33PM
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 Empire Property Management Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 800-square-foot storefront in Albany is offered for retail or office use. Heat, hot water, and electricity are included. The building dates to 1950.
At 4 Ten Eyck Avenue, the space is on a street leading into Albany from nearby Delmar. Daily vehicle traffic is approximately 14,000 cars.
At 4 Ten Eyck Avenue, the space is on a street leading into Albany from nearby Delmar. Daily vehicle traffic is approximately 14,000 cars.
Key Highlights
- 800‑square‑foot storefront suitable for retail or office use
- Heat, hot water, and electricity included
- Approximately 14,000 cars travel past daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,839
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,780
$1.2M
Cap Rate 7%
$826,271
$826.3K
Cap Rate 9%
$642,656
$642.7K
Market Conditions
NOI Build-Up for 4,787 SF
Gross rent
$89.0K $18.60/SF
− Vacancy
−$6.4K −$1.34/SF
EGI
$82.6K $17.26/SF
− OpEx
−$24.8K −$5.18/SF
NOI
$57.8K $12.08/SF
Area
Albany, NY
Vacancy
7.20%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,156,780
Cap Rate 7%
$826,271
Cap Rate 9%
$642,656
Alternative Uses
Best Use
Retail
$826.3K
$723.0K – $964.0K
NOI $57,839 @ 7.0% cap · market cap 2,224.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M
NOI $88,406 @ 7.0% cap · market cap 3,400.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Electronics 10%
Sunoco
Shops & Services
10,385 visits/mo
0.0 miles
Advance Auto Parts
Shops & Services
4,264 visits/mo
0.1 miles
Boost Mobile
Electronics
1,732 visits/mo
0.4 miles
American Automobile Association (AAA)
Shops & Services
1,094 visits/mo
0.4 miles
Demographics for 12209, NY
10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Albany, NY
Frequently Asked Questions
What type of property is this?
Retail space - Heat, hot water, and electricity are included with the space.
Where is this retail space located?
The property is located at 4 Ten Eyck Avenue #Commercial Albany, NY.
What are key features of this property?
This property features: 800‑square‑foot storefront suitable for retail or office use; Heat, hot water, and electricity included; Approximately 14,000 cars travel past daily
