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Office/Warehouse Flex Building
For Lease
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845 Central Ave, Albany, NY 12206

Flex space features large first-floor office/warehouse layout with docks along a busy Central Avenue corridor.

Property Size27,888 SF
Days on Market1296

Property Features for 845 Central Ave

General Information

Standard status Active
Size 27,888 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Albany
Listed By: Jeffrey D’Amore, SIOR · License #10301218917
Source: Moodyscre
Added: Jan 12, 2023 Changed: Jul 28 Last Checked: Jul 30 at 11:27AM

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 Cushman & Wakefield | Pyramid Brokerage - Albany

Investment Insights

Based on property information with market context.

This centrally located flex building offers office/warehouse space on the first floor, including dock access. The property is configured with large floor plates designed to accommodate a variety of office and warehouse buildouts.

The building sits on the busy Central Avenue corridor in Albany, with nearby amenities.

Ownership and property management are actively managed, supporting an operationally ready environment for tenants looking for adaptable office/warehouse space with first-floor dock functionality.

Key Highlights

  • Office building on the busy Central Avenue corridor with nearby amenities
  • Large floor plates designed to accommodate various buildouts
  • Office/warehouse flex space on the first floor

Property Analytics

Current Use

Bradley P. Warner, ... Counselor Ashley J. Paniagua, ... Physician Robyn A. Tompkins, BA Counselor Jennifer Bates Counselor Carla Rodilosso Foster Care Service

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Nail Salon Storage Facility Pharmacy Furniture & Home Goods

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,144
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

Market

Lease Benchmarks for Albany, NY

$9.06 /SF/Yr
Avg Asking Price
$2.88–$17 /SF/Yr
Price Range
10,314 SF
Avg Space Size

This space is priced 54% above the average of $9.06 /SF/Yr.

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

Similar Off Market Nearby

  • Greek On The Run Food Truck & Catering — Washington Ave, Albany, NY 12201
  • Puff's Catering — 20 Garfield Pl, Albany, NY 12206

Frequently Asked Questions

What type of property is this?
Flex space - Flex space features large first-floor office/warehouse layout with docks along a busy Central Avenue corridor.
Where is this flex space located?
The property is located at 845 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Office building on the busy Central Avenue corridor with nearby amenities; Large floor plates designed to accommodate various buildouts; Office/warehouse flex space on the first floor
(518) 954-9160 Call to check price and availability
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