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    532 Delaware Ave Albany, NY 12209

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    For Sale
    $224,777

    Retail space with equipment, suitable for restaurant or retail.

    Property size:
    1,134 SF
    Lot size:
    0.06 Acres

    Property Features for 532 Delaware Ave

    General Information

    Size
    1,134 SF
    Lot size
    0.06 Acres

    Source: BHHS - Blake REALTORS | Albany Agent Carole Plant

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

    Overview

    Retail Space with Commercial Kitchen

    Located at 532 Delaware Avenue, this property offers approximately 1134 square feet of space. Currently used as a bakery, it is suitable for a sandwich shop, pizza restaurant, office space, or retail space. The property includes a stainless steel hood system with a fire suppression system, a commercial stove, a commercial oven, a hand wash sink, a mop sink, and a three-bay sink. Additional equipment includes a black fridge, a glass door fridge located in the kitchen, and kitchen wall shelving. There is ample additional storage available in the basement and in a storage area behind the main building. Fixtures include a convection oven and a vented stainless steel hood system. Updates to the property include a newer furnace with central air, some newer windows, updated plumbing and electric, insulation, sheetrock, flooring, a handicap ramp to the front door, and a newer water heater.
    Insight Report Location Intelligence

    Current Use by Public Records

    Delicias Latina Cake ... Bakery

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7882149
    Latitude
    42.6385243

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    FAQs

    What type of property is this?
    Retail space - Retail space with equipment, suitable for restaurant or retail.
    Where is this retail space located?
    The property is located at 532 Delaware Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $224,777.
    What are key features of this property?
    This property features: - Equipped Commercial Kitchen: Includes stainless steel hood system with fire suppression, commercial stove and oven, multiple sinks, and refrigerators.; - Versatile Commercial Space: Suitable for various businesses including restaurant, retail, or office use.; - Ample Storage: Features a basement and additional storage area behind the main building.
    (518) 265-3226
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    532 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
    532 Delaware Ave Albany, NY 12209
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