Restaurant and Apartment
For Sale
Contact for pricing
Pending
125-127 Southern Blvd, Albany, NY 12209
Package includes a former restaurant with dining, bar, and kitchen, plus two occupied multi-family units.
Property SizeContact for details
Days on Market149
Property Features for 125-127 Southern Blvd
General Information
Standard status
Pending
Property subtype
Special Purpose
Additional Details
Furnished
Yes
Multifamily Units
4
Listing Agency:
Coldwell Banker Commercial Prime Properties Cohoes
Listed By:
Peter Blackman · License #15530
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Sep 5 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Prime Properties Cohoes
Investment Insights
Based on property information with market context.
This package includes two connected properties at 125-127 Southern Blvd. 125 was most recently operated as a restaurant and includes a fully equipped kitchen, a dining room that seats 70, and a full bar setup. Point-of-sale equipment is included, and all furniture, fixtures, and equipment are included as well. The property also features two apartments on the second floor: Unit 1 is a single bedroom with one bathroom, and Unit 2 is a three-bedroom, two-bathroom unit.
The second property, 127, is a two-unit multi-family building zoned for residential use. The first floor is a two-bedroom, two-bathroom unit, and the second floor is a four-bedroom, one-bathroom unit. All units are currently occupied month-to-month, with separate utilities. The current rents are described as under market average.
The combination offers a restaurant/take-out space alongside income-producing rental apartments and multi-family units within the same package.
The second property, 127, is a two-unit multi-family building zoned for residential use. The first floor is a two-bedroom, two-bathroom unit, and the second floor is a four-bedroom, one-bathroom unit. All units are currently occupied month-to-month, with separate utilities. The current rents are described as under market average.
The combination offers a restaurant/take-out space alongside income-producing rental apartments and multi-family units within the same package.
Key Highlights
- Two properties sold as a package: 125 (former restaurant) plus 127 (2‑unit multi‑family zoned residential).
- 125 includes a fully equipped kitchen, dining room seating 70, and a full bar setup with POS equipment included.
- 125 former restaurant covers first floor and basement; all FFE included.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12209, NY
10,231
Population
4,768
Households
2.1
Avg Household Size
37
Median Age
46%
College-Educated
88%
High-School Grad
2.2 sq mi
ZIP Area
4,650
Density / Sq Mi
$81,642
Median Household Income
$51,848
Median Earnings
$1,165
Median Rent
$200,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Package includes a former restaurant with dining, bar, and kitchen, plus two occupied multi-family units.
Where is this conventional restaurant located?
The property is located at 125-127 Southern Blvd Albany, NY.
What are key features of this property?
This property features: Two properties sold as a package: 125 (former restaurant) plus 127 (2‑unit multi‑family zoned residential).; 125 includes a fully equipped kitchen, dining room seating 70, and a full bar setup with POS equipment included.; 125 former restaurant covers first floor and basement; all FFE included.
