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C-1-Zoned Restaurant Space
For Lease
$2,450/Mo

448 Delaware Avenue #Commercial, Albany, NY 12209

The rental includes commercial garbage collection, a phone line, and internet service.

Space SizeContact for details
Property Size4,272 SF
Days on Market632

Property Features for 448 Delaware Avenue #Commercial

General Information

Standard status Active
Size 4,272 SF
Total Parking Spaces 1
Zoning C-1

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $8,326

Building Details

Building Size 4,272 SF
Year Built 1957
Buildings 1
Listing Agency: Empire Property Management Group LLC
Listed By: Steve Alvarez · License #49AL0939692
Source: Chadmajewski
Added: Feb 13, 2025 Changed: Nov 4 Last Checked: Nov 6 at 4:32AM

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

Rey
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Investment Insights

Based on property information with market context.

The restaurant property at 448 Delaware Avenue contains 4,272 square feet and was built in 1957. It is located in a C-1 zoning district. The property information identifies a pizza shop as the existing operation, though that description dates to December 14, 2015.

Commercial garbage pickup, a phone line, and internet service are included with the rental.

Key Highlights

  • 4,272‑square‑foot restaurant property
  • Located in a C‑1 zoning district
  • Built in 1957

Property Analytics

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

Current Use

Empire Property Management ... Property Management Company Deli Paisanitos Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store Electrical Service Building Supply

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

NNN (Triple Net)
Lease Type
$1.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

706
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Properties on Market for Conventional restaurants in Albany County

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?
Conventional restaurant - The rental includes commercial garbage collection, a phone line, and internet service.
Where is this conventional restaurant located?
The property is located at 448 Delaware Avenue #Commercial Albany, NY.
What is the lease rate?
The lease rate is $2,450/Mo.
What are key features of this property?
This property features: 4,272‑square‑foot restaurant property; Located in a C‑1 zoning district; Built in 1957
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