Mixed-Use Building with Retail
97 Central Avenue, Albany, NY 12206
For Lease
$14 SF/Yr
Commercial Lease, Albany, NY
Space SizeContact for details
Lot Size0.48 Acres
Days on Market296
Property Features for 97 Central Avenue
General Information
Property type
Property subtype
Parking
Basement
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Cooling system
Water source
Amenities
signage opportunities
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
KW Platform · Keller Williams Realty
(518) 724-5800
Listed By:
Benjamin R Romer · License NY #10401317745
(518) 368-3932
Added: Jan 22
Changed: Oct 2
Last Checked: Nov 13 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This mixed-use property contains 46080 square feet on a 0.48-acre site, with retail space suited to shops, service businesses, showrooms, and destination-oriented concepts. The 1912 building features brick construction, central air, public water, and public sewer. Street-facing signage opportunities add a visible branding component for occupants.
Located at 97 Central Avenue in Albany, the property is positioned along Central Ave with more than 20,000 vehicles passing daily. The site offers access to downtown Albany and I-90 and is surrounded by dense residential and established commercial uses. Its combination of retail-oriented space, prominent street presence, and established utility infrastructure supports a range of commercial applications.
Located at 97 Central Avenue in Albany, the property is positioned along Central Ave with more than 20,000 vehicles passing daily. The site offers access to downtown Albany and I-90 and is surrounded by dense residential and established commercial uses. Its combination of retail-oriented space, prominent street presence, and established utility infrastructure supports a range of commercial applications.
Key Highlights
- 46080‑square‑foot mixed‑use property on 0.48 acres
- More than 20,000 vehicles passing daily
- Retail space with street‑facing signage opportunities
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Albany, NY
$9.8 /SF/Yr
Avg Asking Price
$1.88–$25 /SF/Yr
Price Range
20,185 SF
Avg Space Size
This space is priced 43% above the average of $9.8 /SF/Yr.
Average Price Trend$/SF/Yr for Mixed-use properties in Albany County, NY
Properties on Market for Mixed-use properties in Albany County
Vacancy Rate% for Retail in Albany, NY
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick construction, central air, and public utilities support a flexible commercial setting.
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: 46080‑square‑foot mixed‑use property on 0.48 acres; More than 20,000 vehicles passing daily; Retail space with street‑facing signage opportunities
