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337 Central Ave 10,310 SF Retail Building Albany, NY 12206 $1,650,000 ($160.04/SF)
Investment Highlights
- Commercial portfolio at 10% CAP RATE
- Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street
- Consists of leased bar, 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot.
- Signed NDA and Proof of Funds required
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,310 SF
Building Class
C
Year Built
1861
Price
$1,650,000
Price Per SF
$160.04
Tenancy
Single
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.24 AC
Zoning
C3
Frontage
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010100-065-054-0005-067-000-0000 | Improvements Assessment | $210,100 |
| Land Assessment | $28,000 | Total Assessment | $238,100 |
Property Taxes
Parcel Number
010100-065-054-0005-067-000-0000
Land Assessment
$28,000
Improvements Assessment
$210,100
Total Assessment
$238,100
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Contact the Sale Advisor
337 Central Ave