Storefront Space with Open
462 Madison Avenue #1, Albany, NY 12208
For Lease
$1,500/Mo
The ground-floor suite includes a bar area, kitchen, and two half bathrooms.
Space Size1,300 SF
Property Size4,275 SF
Days on Market474
Property Features for 462 Madison Avenue #1
General Information
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Net Rentable
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Available Space
Contiguous Space
Taxes and HOA fees
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Buildings
Listing Agency:
Hamel Real Estate LLC
(518) 857-9251
Listed By:
Michael Hollner
(518) 649-2867
Source:
Krutz-properties
Added: Jul 28, 2025
Changed: Nov 13
Last Checked: Nov 13 at 7:02PM
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 Hamel Real Estate LLC
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Investment Insights
Based on property information with market context.
Available for rent, this first-floor storefront offers approximately 1,300 square feet arranged around an open retail or office area. A large storefront window faces Madison Avenue, while the interior also includes a bar area, kitchen with semi-commercial use, and two half bathrooms.
The property is on Madison Avenue among mixed-use buildings, directly across from Washington Park and Willett Street. The building dates to 1940.
The property is on Madison Avenue among mixed-use buildings, directly across from Washington Park and Willett Street. The building dates to 1940.
Key Highlights
- Approximately 1,300 square feet on the first floor
- Large storefront window facing Madison Avenue
- Open retail or office area connects to a bar area
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 12208, NY
22,118
Population
11,522
Households
1.9
Avg Household Size
34
Median Age
56%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
5,027
Density / Sq Mi
$69,505
Median Household Income
$39,268
Median Earnings
$1,291
Median Rent
$255,300
Median Home Value
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Market
Lease Benchmarks for Albany, NY
$12.09 /SF/Yr
Avg Asking Price
$2.29–$22.02 /SF/Yr
Price Range
6,380 SF
Avg Space Size
Average Price Trend$/SF/Yr for Storefront properties in Albany, NY
Properties on Market for Storefront properties in Albany
Vacancy Rate% for Retail in Albany, NY
Frequently Asked Questions
What type of property is this?
Storefront property - The ground-floor suite includes a bar area, kitchen, and two half bathrooms.
Where is this storefront property located?
The property is located at 462 Madison Avenue #1 Albany, NY.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Approximately 1,300 square feet on the first floor; Large storefront window facing Madison Avenue; Open retail or office area connects to a bar area
