Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Super regional malls

    911 Central Ave, Albany, NY 12206

    64,088 SF 14 ac lot Built 1959
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2378749
    Property summary
    AI-generated overview

    Westgate Plaza, located at 911 Central Ave in Colonie, NY (zip code 12205), offers exceptional retail and restaurant space, ideal for medical uses. This Albany County property boasts a total of 10,575 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 3,000 square feet and a maximum contiguous space of 7,200 square feet, providing flexibility for various business needs. This presents a unique opportunity for businesses seeking a prominent location in a thriving area. The property's address is easily accessible, offering high visibility and convenient access for customers and employees. The building is situated in Albany County, New York, providing access to a strong local market and a diverse customer base. This is a multi-tenant building, offering the potential for synergy with complementary businesses. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire about lease terms and conditions. The property's location offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The flexible space options cater to a range of business sizes and requirements.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1959
    Total area 64,088 SF
    Lot 14 ac (609,840 SF)
    Zoning code C2
    APN 010100 53.75-1-2
    UPID US63-2378749
    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
    • 518 Designs Marketing & Advertising Advertising Agency
    • Ultimate X Corp Big Box & Wholesale Store
    • Westgate Pizza Bella Restaurant
    • Westgate Barber Shop Barber Shop
    • KeyBank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $860k
    Owner & transaction history
    Rudolf Pichardo · 7 yrs held
    Rudolf Pichardo
    since 2018
    3 recorded transactions
    2018
    $250,000
    2014
    1969
    Zoning & alternative use
    C2 · Albany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $1.4M +66.5%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message