261 Central Ave

Albany, NY 12206
  • $2,149,000

    Price
  • 5,952

    SqFt
  • 0.05

    Acre

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 for 261 Central Ave

Status Active
Days on Site 87
Property Type Commercial Sale
MLS ® 202622391
Year Built 1930
Total Square Footage 5,952
Lot/Acreage 0.05
County Albany

Interior Details

  • Appliances:
  • Air Cond: Central Air,Wall Unit(s)
  • Heating: Electric,Heat Pump
  • Fireplaces:
  • Floor: Vinyl,Laminate
  • 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

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  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

261 Central Ave Albany, NY 12206

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Originating MLS: Global MLS

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