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    390 Delaware Ave Albany, NY 12209

    For Sale
    $379,000

    3,800+/- sqft retail building with redevelopment potential.

    Property size:
    3,887 SF
    Lot size:
    0.12 Acres

    Property Features for 390 Delaware Ave

    General Information

    Size
    3,887 SF
    Lot size
    0.12 Acres

    Source: BHHS - Blake REALTORS | Albany Agent Joseph Legnard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building on Delaware Avenue

    This is a 3,800+/- sqft retail building with 50' of frontage on Delaware Avenue. The location is near Cardona's Market and Emack and Bolio Ice Cream. The average annual daily traffic (AADT) is 10,000 cars per day. This retail building is suitable for a variety of retail uses and has redevelopment potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7813456
    Latitude
    42.640982

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    FAQs

    What type of property is this?
    Retail space - 3,800+/- sqft retail building with redevelopment potential.
    Where is this retail space located?
    The property is located at 390 Delaware Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - 3,800+\/- sqft retail building; - **50' of frontage on busy Delaware Avenue**; - High traffic location with AADT of 10,000 cars per day
    (518) 232-0697
    Request Owner's contact information
    390 Delaware Ave Albany, NY 12209
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    Albany, NY 12209
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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
    390 Delaware Ave Albany, NY 12209
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