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    243 Broadway Menands, NY 12204

    Sponsored
    For Sale
    $279,000

    COMMERCIAL - Other - Menands, NY

    Property size:
    1,992 SF
    Lot size:
    0.31 Acres
    Days on Market:
    85
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 243 Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    012603 55.10-1-40
    Parking
    6
    Basement
    Unfinished
    Size
    1,992 SF
    Lot size
    0.31 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Building materials
    Aluminum Siding, Frame
    Architectural style
    Other

    KW Platform (518) 724-5800 [email protected]

    Listing agent Jessica Baxter (518) 925-3575 License #10401349913

    Listing date Oct 13, 2025

    Copyright © 2026 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

    Mixed-Use Property in Menands, NY

    Located in Menands, NY, this mixed-use property at 243 Broadway presents an investment or owner-occupant opportunity. The property is fully rented, featuring a long-term upholstery business in Unit 1, paying $1,100 per month, and a reliable tenant in Unit 2, paying $1,000 per month. Situated on a 0.31-acre lot, the property includes a newly paved parking area and bonus green space in the back, suitable for future development or outdoor use. The building size is 1992 square feet. The property's commercial zoning and strong rental history enhance its appeal as a portfolio addition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    F & W Renovation ... Painter Townsel Upholstery Upholstery Shop NYS Music News Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Menands
    County
    Albany
    State
    New York
    Longitude
    -73.724172
    Latitude
    42.691752

    Nearby Similar for Sale

    • $550,000
      1,876 SF

      Established Restaurant and Bar

      Profitable 2,000 sqft restaurant and bar with strong recurring sales.
      327 Broadway, Menands, NY 12204
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    • $499,900
      0.23 Acres

      Menands Commercial Building Opportunity

      Prime 0.23-acre Menands location. High potential investment.
      704 Pearl St, Menands, NY 12204
      View Details
    • $199,000
      4.40 Acres

      Prime Menands Land Opportunity

      4.4 Acres, Ideal Development Site
      21 Irving Pl, Menands, NY 12204
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully rented mixed-use property with development potential in Menands, NY.
    Where is this mixed-use property located?
    The property is located at 243 Broadway Menands, NY.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Fully rented mixed-use property providing immediate income.; - Long-term commercial tenant in Unit 1 ($1,100/month) and residential tenant in Unit 2 ($1,000/month) offer stable cash flow.; - Large lot with newly paved parking area and bonus green space provides potential for future development.
    (518) 925-3575
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    243 Broadway Menands, NY 12204
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    Menands, NY 12204
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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
    243 Broadway Menands, NY 12204
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