1440 Central Ave, Albany, NY 12205
For Lease
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Northway Commons offers exceptional retail space for lease in the thriving Colonie submarket of Albany County. This multi-tenant property boasts a total of 56,476 square feet, with 7,000 square feet currently vacant and immediately available. The minimum divisible space is 7,000 square feet, ideal for larger retailers or businesses requiring significant footprint. Two spaces are currently available, ranging in size from 2,172 to 7,000 square feet, providing flexibility for various business needs. Located in the highly visible and accessible Northway Commons, this property benefits from excellent exposure and high traffic volume. The property's prime location within the Albany submarket and Colonie submarket cluster ensures strong customer reach and potential for significant business growth. This is a fantastic opportunity for businesses seeking a well-established retail location with ample space and high visibility in a bustling commercial area. The property is classified as a storefront retail space, perfect for businesses that benefit from direct street-level access and high pedestrian traffic. Serious inquiries are encouraged to explore this exceptional leasing opportunity. Contact us today to schedule a viewing and discuss your business needs.
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Marshalls Department Store
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Eddie Bauer Outlet Clothing Store
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Petco Dog Training Animal Training
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UPS Alliance Shipping Partner Courier Service Postal Service
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Super Shoes Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
16 · Albany, NYAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.