Central Avenue Mixed-Use
For Lease
$14 SF/Yr
97 Central Avenue, Albany, NY 12206
Highly visible mixed-use building on Central Avenue for rent.
Property Size46,080 SF
Lot Size0.48 Acres
Days on Market190
Property Features for 97 Central Avenue
General Information
Standard status
Active
Size
46,080 SF
Lot size
0.48 Acres
Property subtype
Commercial
Building Details
Year Built
1912
Listing Agency:
KW PLATFORM
(518) 724-5800
Listed By:
BENJAMIN R ROMER · License #10401317745
Source:
Corcoran
Added: Jan 22
Changed: Jul 6
Last Checked: Jul 30 at 6:11PM
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 KW PLATFORM
Investment Insights
Based on property information with market context.
Located on Central Avenue, this mixed-use building offers a highly visible location with over 20,000 vehicles passing daily. The property provides flexible retail space suitable for boutique shops, service users, showrooms, or destination concepts. It benefits from strong street presence and signage opportunities, with convenient access to downtown Albany and I-90. The property is surrounded by dense residential and established commercial uses. The property has 46080 square feet of space and is located at 97 Central Avenue, Albany, NY 12206. The location supports both local businesses and growing regional brands.
Key Highlights
- High traffic location with over 20,000 vehicles passing daily, providing exceptional visibility.
- Flexible retail space suited for various business types.
- Strong street presence and signage opportunities enhances branding.
Property Analytics
Property Profile
Current Use
Lease Details
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
19,257 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 - Highly visible mixed-use building on Central Avenue for rent.
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: High traffic location with over 20,000 vehicles passing daily, providing exceptional visibility.; Flexible retail space suited for various business types.; Strong street presence and signage opportunities enhances branding.
