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Mixed-Use Investment Property with Separate Utilities
For Sale
Contact for pricing
Pending

557 1ST ST, Albany, NY 12206

Mixed-use building with separate utilities and long-term tenants, near bus lines, shopping, and schools.

Property SizeContact for details
Days on Market133

Property Features for 557 1ST ST

General Information

Standard status Pending
Property subtype Mixed Use
Listing Agency: Coldwell Banker Prime Properties Niskayuna
Listed By: Casey Close · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 21 at 5:22AM

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 Prime Properties Niskayuna

Investment Insights

Based on property information with market context.

This mixed-use property at 557 1st St in Albany offers a practical income profile with long-term tenants and all separate utilities. The building presents a straightforward setup for occupants and operations, with utility separation intended to support individual unit accountability.

The property is located close to bus lines, shopping, and schools, and the public remarks note its proximity to Bleeker Stadium. The current rents are described as below market value, which may be of interest to buyers evaluating long-term income potential.

Key Highlights

  • Mixed‑use building with separate utilities
  • Long‑term tenants in place
  • Location near bus lines, shopping, and schools

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Acupuncture Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with separate utilities and long-term tenants, near bus lines, shopping, and schools.
Where is this mixed-use property located?
The property is located at 557 1ST ST Albany, NY.
What are key features of this property?
This property features: Mixed‑use building with separate utilities; Long‑term tenants in place; Location near bus lines, shopping, and schools
(518) 221-6607 Call to check price and availability
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