Mixed-Use Building with Retail
For Lease
$14 SF/Yr
97 Central Avenue, Albany, NY 12206
COMMERCIAL - Albany, NY
Space SizeContact for details
Lot Size0.48 Acres
Days on Market204
Property Features for 97 Central Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Parking
100
Basement
Unfinished
High school
Albany
Elementary school district
Albany
Middle school district
Albany
High school district
Albany
Directions
From I-90, take Exit 2B to Central Ave. Head east; property is on the right at 97 Central Avenue, between [cross streets if needed].
Standard status
Active
APN
010100 65.72-3-73 01
Size
46,080 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Annual Amount
106905
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
signage opportunities
Building Details
Year built
1912
Floors in Building
4
Building materials
Brick
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Benjamin R Romer · License #10401317745
(518) 368-3932
Added: Jan 22
Changed: Aug 4
Last Checked: Aug 14 at 1:06PM
MLS# 202610934
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1912, this 46,080-square-foot mixed-use property is constructed with brick and includes central air conditioning. The building offers retail-oriented space within a larger commercial structure, with storefront presentation and signage opportunities supported by its Central Avenue frontage. Public water and public sewer serve the property.
The site encompasses 0.48 acres along Central Avenue, where reported daily vehicle volume exceeds 20,000. The property provides access to downtown Albany and I-90 and is surrounded by residential density and established commercial uses. Its street-facing configuration and flexible retail setting accommodate a range of storefront-oriented business concepts without limiting the space to a single format.
The site encompasses 0.48 acres along Central Avenue, where reported daily vehicle volume exceeds 20,000. The property provides access to downtown Albany and I-90 and is surrounded by residential density and established commercial uses. Its street-facing configuration and flexible retail setting accommodate a range of storefront-oriented business concepts without limiting the space to a single format.
Key Highlights
- 46,080‑square‑foot mixed‑use property on 0.48 acres
- Central Avenue location with 20,000+ vehicles passing daily
- Brick construction dating to 1912
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,078
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 47%
Dunkin' Donuts
Dining
10,314 visits/mo
0.5 miles
Family Dollar
Shops & Services
8,238 visits/mo
0.4 miles
SEFCU
Shops & Services
4,000 visits/mo
0.2 miles
Shogun
Dining
1,548 visits/mo
0.5 miles
Mavis Discount Tire
Shops & Services
1,434 visits/mo
0.3 miles
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
$11.42 /SF/Yr
Avg Asking Price
$4.19–$15.83 /SF/Yr
Price Range
16,849 SF
Avg Space Size
This space is priced 23% above the average of $11.42 /SF/Yr.
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial building with flexible storefront potential, central air, and public water and sewer service.
Where is this mixed-use property located?
The property is located at 97 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 46,080‑square‑foot mixed‑use property on 0.48 acres; Central Avenue location with 20,000+ vehicles passing daily; Brick construction dating to 1912
