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407 Central Ave
Albany, NY 12206
Retail Property For Sale
Executive Summary
407 Central Ave is a well-positioned mixed-use investment property. The first floor offers commercial space, while the second and third floors each feature a spacious 4-bedroom, 1-bath residential unit. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investors, owner-occupants, or buyers looking to improve the property and grow long-term value.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,170 SF
Building Class
C
Year Built
1890
Price
$419,900
Price Per SF
$358.89
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.90
Lot Size
0.03 AC
Zoning
C3 - Commerical/Multi Family
Frontage
28’ on Central Ave
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 010100-065-046-0001-044-000-0000 | Improvements Assessment | $257,000 |
| Land Assessment | $21,000 | Total Assessment | $278,000 |
Property Taxes
Parcel Number
010100-065-046-0001-044-000-0000
Land Assessment
$21,000
Improvements Assessment
$257,000
Total Assessment
$278,000
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