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    233 Central Ave Albany, NY 12206

    For Sale
    $1,300,000

    COMMERCIAL - Albany, NY

    Lot size:
    0.51 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 233 Central Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    65.63-2-56
    Parking
    12
    Interior features
    Built-in Features
    Basement
    Interior Entry
    Lot size
    0.51 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Flooring type
    Hardwood, Carpet, Concrete
    Building materials
    Brick
    Roof type
    Rubber

    Clancy Real Estate, LLC (518) 861-7016 [email protected]

    Listing agent Kevin Clancy (518) 461-9937 License #35CL0831623

    Listing date Nov 7, 2025

    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

    Versatile Commercial Property on Central Avenue

    This ~43,520 sq ft commercial property is located on Central Avenue in Albany, NY. The property includes a 12+ space parking lot. The building features storefront space with road frontage and visibility. Inside, there is a large office area including common spaces, offices, conference rooms and restrooms. At the rear of the building is a large warehouse equipped with two loading areas. Above the main space, there is a studded apartment. Also included is a multi-office space and lounge area on the second floor. Above the warehouse, there is a former dry-cleaning space. The property is zoned commercial and sits on a 0.51-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Blooms By Marie, Lark Street Flower Market Inc, Taysha Florist, Olive & June Floral Co.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.769753
    Latitude
    42.662902

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    FAQs

    What type of property is this?
    Storefront property - 43,520 sq ft commercial property with diverse spaces and parking.
    Where is this storefront property located?
    The property is located at 233 Central Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Large commercial property (~43,520 sq ft) on Central Ave with **high visibility**; - Includes a 12+ space parking lot; - Features **storefront space**, a massive office area with conference rooms, and a large warehouse with two loading areas
    (518) 461-9937
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    Albany, NY 12206
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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
    233 Central Ave Albany, NY 12206
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