For Lease
Property summary
This exceptional office property, located at 845 Central Avenue in Albany, New York, offers a unique opportunity for businesses seeking flexible and centrally located space. The three-building complex, constructed in 1966, boasts a total of 69,255 square feet, with a substantial 52,784 square feet currently vacant. The property is classified as Class B and features a variety of spaces, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 34,390 square feet, making it suitable for a wide range of tenants. The building offers 14-foot ceilings, providing ample vertical space for creative layouts and efficient use of the area. Multiple tenants are currently accommodated within the complex. The convenient location on the busy Central Avenue corridor provides easy access to numerous amenities. The property also includes 100 parking spaces for tenant and visitor convenience. First-floor spaces offer flex office/warehouse capabilities, complete with loading docks. The building's electrical infrastructure includes 400 Amp 120 Volt 3-phase power. This property benefits from new ownership and proactive property management, ensuring a positive tenant experience. The two-story building is situated in Albany County, New York, with a zip code of 12206. This is an excellent opportunity to secure high-quality office space in a desirable Albany location.
Property profile
VerifiedCap rate & NOI
Current use
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Counselor Doctor
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Physician
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Counselor
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Counselor
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Foster Care Service Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Albany, NYZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C2 in Albany, NY.
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Find the owner behind the property.
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