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Retail Space Near Samaritan Hospital
For Lease
$18 SF/Yr

500 Northern Boulevard, Albany, NY

Retail space adjacent to Dunkin', near hospital and apartments.

Space SizeContact for details
Property Size6,226 SF
Days on Market332

Property Features for 500 Northern Boulevard

General Information

Standard status Active
Size 6,226 SF
Property subtype Retail

Building Details

Building Size 6,226 SF
Listing Agency: River Brook Realty LLC
Listed By: Pyramid Brokerage Albany · License #211547
Source: Pyramidbrokerage
Added: Sep 25, 2025 Changed: Aug 15 Last Checked: Aug 22 at 5:34AM

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 River Brook Realty LLC

Investment Insights

Based on property information with market context.

This retail space is located adjacent to a successful Dunkin' drive-thru restaurant and across from Samaritan Hospital's Memorial Campus. The site is also next to Conifer Realty's new 184-unit apartment building. Situated just off I-90, the location benefits from deep residential backing and proximity to the thriving Albany Warehouse District.

Key Highlights

  • Adjacent to successful Dunkin drive thru restaurant.
  • Across from Samaritan Hospital - Memorial Campus.
  • Adjacent to new 184‑unit Conifer Realty apartment building.

Property Analytics

Current Use

Red Carpet Inn ... Hotel & Motel Red Carpet Inn Hotel & Motel The Comedy Works Nightclub Dunkin' Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon HVAC Service Electrical Service Hair Salon

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Shops & Services 13%
Dunkin' Donuts Dining
7,464 visits/mo 0.1 miles
Trustco Bank Shops & Services
1,153 visits/mo 0.1 miles

Market

Lease Benchmarks for Albany, NY

$13.26 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
11,152 SF
Avg Space Size

This space is priced 36% above the average of $13.26 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space adjacent to Dunkin', near hospital and apartments.
Where is this retail space located?
The property is located at 500 Northern Boulevard Albany, NY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Adjacent to successful Dunkin drive thru restaurant.; Across from Samaritan Hospital - Memorial Campus.; Adjacent to new 184‑unit Conifer Realty apartment building.
More about this property
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