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1060-1062 Central Ave 42,319 SF Flex Building Albany, NY 12205 $4,895,000 ($115.67/SF)
EXECUTIVE SUMMARY
This remarkable 7.1-acre industrial property is a rare find on Central Avenue, offering unparalleled opportunities for various business needs. The expansive site includes 58,240 sq ft of existing office and warehouse space, making it an ideal location for businesses of all types. Take advantage of this unique opportunity to secure a prime piece of industrial real estate in a highly sought-after area. The visibility and accessibility alone make this property a standout choice for any business looking to thrive in a vibrant commercial corridor. ZONED Special Purpose - I-1: Light Industrial
PROPERTY FACTS
| Price | $4,895,000 | No. Stories | 2 |
| Price Per SF | $115.67 | Year Built | 1947 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 1.05/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 18’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 7.10 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 42,319 SF | ||
| Zoning | CM - ZONED Special Purpose - I-1: Light Industrial Some of the Approved Uses Include: Freight Truck Terminal, Heavy Vehicle and equipment sales or rentals, | ||
| Price | $4,895,000 |
| Price Per SF | $115.67 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 7.10 AC |
| Rentable Building Area | 42,319 SF |
| No. Stories | 2 |
| Year Built | 1947 |
| Tenancy | Single |
| Parking Ratio | 1.05/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | CM - ZONED Special Purpose - I-1: Light Industrial Some of the Approved Uses Include: Freight Truck Terminal, Heavy Vehicle and equipment sales or rentals, |
AMENITIES
- 24 Hour Access
- Bus Line
- Courtyard
- Yard
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Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 010100-053-000-0001-034-000-0000 | Improvements Assessment | $920,300 |
| Land Assessment | $1,405,000 | Total Assessment | $2,325,300 |
PROPERTY TAXES
Parcel Number
010100-053-000-0001-034-000-0000
Land Assessment
$1,405,000
Improvements Assessment
$920,300
Total Assessment
$2,325,300
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1060-1062 Central Ave
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