261 Central Ave

Albany, NY 12206
  • $2,199,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,952

    SqFt

About the Listing o3207C - 38540,24741

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.

Listing Highlights

Status Active
Days on Site 0
Property Type Commercial Sale
MLS ® 202622391
Year Built 1930
Total Square Footage 5,952
Lot/Acreage 0.05
County Albany

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air,Wall Unit(s)
  • Heating: Electric,Heat Pump
  • Fireplaces:
  • Floor: Vinyl,Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 32.9X67.5
  • Zoning: Commercial
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Metered,Off Street

Financial Details

  • Tax Amount: $17,073
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 010100 65.63-2-66.1
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

261 Central Ave Albany, NY 12206

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Global MLS

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way