261 Central Avenue, Albany, NY 12206

New - 17 Hours Ago
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Property Description

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

261 Central Avenue | MLS# 202622391

This commercial property located at 261 Central Avenue, Albany, NY 12206 is currently listed for sale with an asking price of $2,199,000. Search Albany real estate on heather-casaw.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment
Cooling: Central Air, Wall Unit(s)
Heating: Electric, Heat Pump
Lot Size: 0.05 Acres
Stories: 3.0
Taxes: $17,073
Year Built: 1930

Feature Descriptions

Current Use: Apartment Plus, Mixed Use, Office warehouse
Exterior: Block, Brick
Flooring: Vinyl, Laminate
Lot Dimensions: 32.9X67.5
Parcel #: 010100 65.63-2-66.1
Parking: Metered, Off Street
Parking Total: 0
Sewer: Public Sewer
SQFT Building Total: 5952
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Realty One Group Key
Agency Phone: 1 518-630-5360

Shown By

Agent Name: Heather Casaw
Agent Phone: (518) 253-1580 Cell
Agency Title: Coldwell Banker Prime Properties

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