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Executive Summary
Versatile Albany property offering approximately 3,376 square feet of space on a 0.26-acre lot. Currently configured as an office building, the property presents an excellent opportunity for continued professional use, redevelopment, or potential conversion to multifamily apartments. Convenient Clinton Avenue location with access to major roadways, public transportation, downtown Albany, and area amenities. A compelling opportunity for investors, developers, or owner-users seeking a property with adaptable space and future potential. Residential conversion is subject to zoning, municipal approvals, building codes, and buyer due diligence.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,376 SF
Building Class
C
Year Built
1920
Price
$300,000
Price Per SF
$88.86
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,688 SF
Building FAR
0.30
Lot Size
0.26 AC
Zoning
R2B - Residential Mixed Use
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Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 010100-065-055-0005-045-000-0000 | Improvements Assessment | $157,100 |
| Land Assessment | $16,000 | Total Assessment | $173,100 |
Property Taxes
Parcel Number
010100-065-055-0005-045-000-0000
Land Assessment
$16,000
Improvements Assessment
$157,100
Total Assessment
$173,100
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