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390 Delaware Ave 3,800 SF Retail Building Albany, NY 12209 $299,000 ($78.68/SF)
Investment Highlights
- Blank slate opportunity in the heart of Albany's tight-knit, walkable Delaware Avenue neighborhood.
- Open-concept commercial space provides endless possibilities for retail, office, fitness, service, or mixed-use concepts.
- The building features a newer roof and has been well maintained throughout ownership.
Executive Summary
Blank slate opportunity in the heart of Albany's tight-knit, walkable Delaware Avenue neighborhood. Offering nearly 4,000 square feet, this open-concept commercial space provides endless possibilities for retail, office, fitness, service, or mixed-use concepts. Formerly home to a neighborhood hardware store spanning over five decades, the property is currently configured as a fitness facility. The building features a newer roof and has been well maintained throughout ownership.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,800 SF
Building Class
C
Year Built
1899
Price
$299,000
Price Per SF
$78.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Lot Size
0.12 AC
Zoning
MU-NC - Mixed Use Neighborhood Center MU-NC.
A variety of retail, office and residential uses are permitted.
Frontage
50’ on Delaware Ave
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010100-076-061-0001-031-000-0000 | Improvements Assessment | $140,400 |
| Land Assessment | $77,000 | Total Assessment | $217,400 |
Property Taxes
Parcel Number
010100-076-061-0001-031-000-0000
Land Assessment
$77,000
Improvements Assessment
$140,400
Total Assessment
$217,400
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