Building Details

Building Size 22,105 SF

Listing Agency: Jane Byrd Properties International LLC a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #0560769 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 19 Last Checked: Aug 22 at 3:31AM

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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 Jane Byrd Properties International LLC

Investment Insights

Based on property information with market context.

Located at Rosewood Plaza, this property offers 4200 square feet of retail, sales, or service space. An additional 2400 square feet of retail or office space is also available. The property benefits from a corner location and was previously used as a medical space, offering good visibility.

Key Highlights

• Great corner location
• 4200 sf of retail/sales/service space
• Additional 2400 sf of retail/office space

Property Analytics

Property Profile

Current Use

Cork & Bottle Wine ... Specialty Food Shop OOMDO Advertising Agency New Envy Nails ... Nail Salon Consumer Help 911 Law Firm Gadomski Therese M Physician

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Locksmith

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

$2.54 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

458

Businesses Nearby

305

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

Bath Fitter Home Improvements & Furnishings

305 visits/mo 0.2 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 28% 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail/sales/service space in a corner location with great visibility.

Where is this retail space located?

The property is located at 501 New Karner Road Albany, NY.

What is the lease rate?

The lease rate is $16.95 SF/Yr.

What are key features of this property?

This property features: Great corner location; 4200 sf of retail/sales/service space; Additional 2400 sf of retail/office space