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Property profile & analytics
FOR LEASE
Super regional malls

180 Delaware Ave Delmar, NY 12054

44,097 SF 9 ac lot Built 1950
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US63-2327149
180 Delaware Ave, Delmar, NY 12054 For Lease
$16 SF/Yr 169,000 SF available
180 Delaware Ave, Delmar, NY 12054
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Property summary
AI-generated overview

Delaware Plaza, located at 180 Delaware Ave, Delmar, NY 12054, presents a fantastic retail opportunity in Albany County. This multi-tenant property offers a total of 160,000 square feet of retail space, with five individual suites available. The minimum divisible space is 1,600 square feet, while the maximum contiguous space available is 5,229 square feet. Currently, 16,649 square feet are vacant, providing a significant opportunity for expansion or new businesses. The property boasts ample parking for customers and employees, ensuring convenient access. The building's design allows for abundant natural light, creating an inviting atmosphere for shoppers. This high-visibility location in the thriving Delmar community offers exceptional potential for businesses seeking a strong presence in a busy commercial area. The property is ideally suited for a variety of retail or service businesses seeking spaces ranging from smaller boutiques to larger operations. Its convenient location and ample parking make it an attractive option for both businesses and their customers. This is a rare opportunity to secure prime retail space in a desirable location.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1950
Total area 44,097 SF
Lot 9 ac (392,040 SF)
Zoning code CH
APN 012200 86.10-1-8
UPID US63-2327149
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scissor Society Hair Salon Nail Salon
  • Los Panchos Restaurant
  • Upstate Wine & Spirits Co. Specialty Food Shop Wine and Liquor Store
  • Childtime of Delaware Avenue Daycare Center
  • Broughton Properties Team at Keller Williams Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Delaware Plaza LLC · 8 yrs held
Delaware Plaza LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
CH · Delmar, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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