Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    175 Central Ave Albany, NY 12206

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Albany office space, multiple suites.

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents multiple office suites for lease within a well-established five-story building situated at 175 Central Ave, Albany, NY 12206, in Albany County. The building, constructed in 1940, offers a total of 45,000 square feet of space, divided into four individual suites. Currently, 15,330 square feet are available for lease, with a minimum leasable space of 482 square feet and a maximum of 9,000 square feet. The building boasts a traditional office layout, ideal for a variety of businesses. Ample parking is provided with 75 spaces available for tenants. This location offers convenient access to the city's amenities and infrastructure, making it an attractive option for businesses seeking a well-established and accessible office space in Albany, New York. The building's classic architecture blends seamlessly with the vibrant urban landscape, providing a professional and welcoming environment. The available suites offer flexibility in size, catering to businesses of various scales and needs. Interested parties are encouraged to inquire about lease terms and suite availability.

    Property Features for 175 Central Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF
    Total Rate
    47812.5

    Building Details

    Year Built
    1940
    Stories
    5

    Unit(s) available at that property

    Space
    Available Space 1-Third Floor
    Size
    9,000 SF
    Rate per SF
    $12
    Space
    Available Space 4- Fifth Floor
    Size
    748 SF
    Rate per SF
    $12
    Space
    Available Space 2 -Fourth Floor
    Size
    5,100 SF
    Rate per SF
    $12
    Space
    Available Space 3- Fifth Floor
    Size
    482 SF
    Rate per SF
    $12

    HighLights

    • Multiple suites available for lease, ranging from 482 SF to 9,000 SF, totaling 15,330 SF.
    • Building features include a beautifully built‑out interior with numerous amenities.
    • Secure on‑site parking with approximately 75 spaces.
    • Two passenger elevators.
    • Convenient location, approximately 262 feet from a major bus stop (routes 1, 803, and 807), and high traffic count (15,986 AADT) on Central Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Women's Employment And Resource ... Employment Center Josephine Z. Culkin, ... Registered General Nurse Kimberly J. Spears, ... Registered General Nurse Clinic.. Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.768769023951
    Latitude
    42.66157055114

    Nearby Similar for Lease

    • $3,650 /Mo
      12,000 SF

      Colonie Office Space For Lease

      Multiple suites available in high-traffic Colonie location.
      1735 Central Ave, Colonie, NY 12205
      View Details
    • $16 SF/Yr
      116,741 SF

      Prime Albany Office Space Available

      Highly visible office space for rent in Albany, New York.
      1971-73 Western Ave, Albany, NY 12203
      View Details
    • $15 SF/Yr
      331,056 SF

      Albany Commercial Building For Lease

      Freestanding building with high visibility and flexible layout for lease.
      1865 Central Ave, Albany, NY 12205
      View Details
    • $2,200 /Mo
      2,908 SF

      Retail Space with Private Parking

      1700 sq ft retail space with parking in Albany.
      1316 Central Ave, Albany, NY 12205
      View Details
    • New
      $1,500 /Mo
      2,076 SF

      Western Avenue Retail/Office Space

      Prime Albany location near Crossgates Mall with flexible layout.
      1674 Western Ave, Albany, NY 12203
      View Details
    • $15 SF/Yr
      3,415 SF

      Commercial Space in Colonie, NY

      Retail or office space with ample parking and high traffic.
      98c Everett Rd, Colonie, NY 12205
      View Details
    • $2,300 /Mo
      15,044 SF

      Retail Space on Central Avenue

      Affordable retail space with high traffic and flexible lease terms.
      1995 Central Ave Unit, Albany, NY 12205
      View Details
    • $20 SF/Yr
      4,988 SF

      Retail Space Near Crossgates Mall

      Retail property near Crossgates Mall, high traffic, easy access.
      1650 Western Ave, Albany, NY 12203
      View Details
    • $4,600 /Mo
      15,044 SF

      Central Avenue Flex Space Available

      Flex space for lease on Central Avenue in Albany, NY.
      1995 Central Ave, Albany, NY 12205
      View Details
    • New
      $1.00 SF/Yr
      5,380 SF

      Albany Office Space For Rent

      Office space in Albany, close to Colonie/Guilderland.
      1 Rapp Rd, Albany, NY 12203
      View Details
    • $8 SF/Yr

      Class A Office Space for Lease

      Class A office space available for lease off Wolf Road in Albany, NY.
      18 Computer Dr East, Albany, NY 12205
      View Details
    • $8 SF/Yr
      29,400 SF

      Class A Office Space

      Premium office space in Wolf Road commercial corridor, Colonie, NY.
      18 Computer Dr, Colonie, NY 12205
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Albany office space, multiple suites.
    Where is this office property / space located?
    The property is located at 175 Central Ave Albany, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Multiple suites available for lease, ranging from 482 SF to 9,000 SF, totaling 15,330 SF.; Building features include a beautifully built-out interior with numerous amenities.; Secure on-site parking with approximately 75 spaces.
    Request Owner's contact information
    175 Central Ave Albany, NY 12206
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    175 Central Ave
    Albany, NY 12206
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    175 Central Ave Albany, NY 12206
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.