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Mixed-Use Auto Shop and Apartments
For Sale
$449,777

187 Jefferson Street, Albany, NY 12210

Property includes an operating auto repair shop, plus three apartments that need renovation, with off-street parking and garage spaces.

Property Size8,906 SF
Price / SF$50.50
Days on Market107

Property Features for 187 Jefferson Street

General Information

Standard status Active
Size 8,906 SF
Total Parking Spaces 12
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included No
Multifamily Units 3

Building Details

Year Built 1890
Listing Agency: RE/MAX Capital
Listed By: Douglas S Schenk
Source: Signatureonerealtygroup
Added: Apr 16 Changed: Jul 28 Last Checked: Jul 30 at 5:22PM

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 RE/MAX Capital

Investment Insights

Based on property information with market context.

This mixed-use property is currently used as an auto repair shop and includes three apartments that need renovation. Garage spaces are available for approximately 4–6 cars, and there is off-street parking for approximately 5–6 cars. The property is configured to run street to street between Madison Ave and Jefferson Street.

Two parcels are being sold: 187 Jefferson, 010100 76.31-3-27 and 380 Madison Avenue 10100 76.31-3-20. The offering is described as close to downtown, Center Square, state offices, SUNY, and nearby routes including i787, i87, and i90, with shops and dining in the surrounding area.

As presented, the asset offers a combined automotive use with residential units, with the residential portion positioned for renovation to match a new operator or ownership plan.

Key Highlights

  • Mixed‑use property used as an operating auto repair shop (Hurk's Transmission) plus 3 apartments
  • 3 apartments need renovation
  • Two parcels included: 187 Jefferson (010100 76.31‑3‑27) and 380 Madison Avenue (10100 76.31‑3‑20)

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Carpet & Flooring Store Home Appliance Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Pet 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.

Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,281
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Albany, NY

Jan
$168 Feb
$168 Mar
$156 Apr
$151 May
$167 Jun

Properties on Market for Mixed-use properties in Albany

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Property includes an operating auto repair shop, plus three apartments that need renovation, with off-street parking and garage spaces.
Where is this mixed-use property located?
The property is located at 187 Jefferson Street Albany, NY.
What is the asking price?
The asking price for this property is $449,777.
What are key features of this property?
This property features: Mixed‑use property used as an operating auto repair shop (Hurk's Transmission) plus 3 apartments; 3 apartments need renovation; Two parcels included: 187 Jefferson (010100 76.31‑3‑27) and 380 Madison Avenue (10100 76.31‑3‑20)
More about this property
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