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Flex Space with Showroom

83 Lexington Ave, Albany, NY 12206

For Sale
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Contact for pricing

Warehouse, showroom, and office areas are complemented by recent mechanical and electrical upgrades.

Property Size11,968 SF
Price / SF$37.59
Days on Market3

Property Features for 83 Lexington Ave

General Information

Standard status Active
Size 11,968 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Clear Height 18 ft
Clear Span Yes
Warehouse Space 9,000 SF
Office Build-Out 3,000 SF

Additional Details

Mixed-Use Components warehouse, office
Property Use Warehouse
Listing Agency: NAI Platform
Listed By: William "Felton" McLaughlin
Source: Moodyscre
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:27PM

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 NAI Platform

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property combines warehouse space with a front showroom and office area. The warehouse has clear-span space, 18-foot ceiling heights, and a 12-by-12-foot overhead door at the front. Four roof skylights and windows along the upper rear wall bring natural light into the warehouse. Recent work includes a gas-fired boiler, three mini-split systems serving the showroom and offices, two on-demand water heaters, and upgraded electrical service.

The property is one block from Central Avenue in Albany, New York. The owner plans to vacate by year-end.

Key Highlights

  • Clear‑span warehouse area with 18‑foot ceilings
  • 12‑by‑12‑foot overhead door at the front
  • Front showroom and office space

Property Analytics

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

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Electrical Service Carpet & Flooring Store HVAC Service

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

18 ft
Clear height

Location Intelligence

Trade Area within ½ mile

2,685
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Albany County, NY

$84.86 Jul
$87.09 Aug
$102 Sep
$111 Oct

Properties on Market for Flex space in Albany County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Wally's Catering Kitchen — 613 Clinton Ave, Albany, NY 12206

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse, showroom, and office areas are complemented by recent mechanical and electrical upgrades.
Where is this flex space located?
The property is located at 83 Lexington Ave Albany, NY.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Clear‑span warehouse area with 18‑foot ceilings; 12‑by‑12‑foot overhead door at the front; Front showroom and office space
(518) 428-1164 · Office Call to check price and availability
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