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    2167 Central Ave Albany, NY 12304

    For Sale
    $449,000

    LAND - Albany, NY

    Lot size:
    1.30 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 2167 Central Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    012689 16.2-2-17
    Lot size
    1.30 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Coldwell Banker Prime Properties (518) 640-4017 [email protected]

    Listing agent Eileen Buonome (518) 275-9000 License #40BU1105544

    Listing date Nov 4, 2025

    MLS# 202528903 Listing URL

    Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Lot in Albany

    This 1.3-acre corner lot in Albany, NY, presents a development opportunity. The site features 295 feet of road frontage on Central Avenue, offering prominent exposure and visibility. The property is zoned for mixed use, accommodating both residential and commercial components. Potential uses include retail, restaurant, and self-storage facilities. The location benefits from a robust and thriving commercial area. Two billboards are situated on the property, generating a rental income of $1,000 per month. A survey is available. According to DOT data, the site experiences approximately 23,000 vehicles passing by daily. The property is ready for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.878587
    Latitude
    42.758376

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    FAQs

    What type of property is this?
    Commercial land - 1.3 acre corner lot with high visibility and income.
    Where is this commercial land located?
    The property is located at 2167 Central Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - 1.3 acre corner lot with **295' road frontage on Central Ave offering prominent exposure and visibility.**; - Mixed-use zoning allows for residential and commercial development (Retail, Restaurant, Self Storage).; - **High traffic location:** DOT reports 23,000 vehicles pass the site daily.
    (518) 275-9000
    Request Owner's contact information
    2167 Central Ave Albany, NY 12304
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    Albany, NY 12304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2167 Central Ave Albany, NY 12304
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