Established Restaurant Business
For Lease
$240,000
209 Central Avenue, Albany, NY 12206
Well-known Chinese restaurant business for sale with high monthly sales.
Space SizeContact for details
Days on Market119
Property Features for 209 Central Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,316
Amenities
Central air
Ductless Cooling
Natural Gas Heating
Vinyl Flooring
Building Details
Year Built
1880
Listing Agency:
M J J REALTY
(518) 253-8878
Listed By:
Z. RON XIONG
Source:
Corcoran
Added: May 10
Changed: Sep 4
Last Checked: Sep 4 at 6:19AM
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 M J J REALTY
Investment Insights
Based on property information with market context.
A well-known Chinese restaurant business is available for sale. The restaurant has a seating capacity of 130. The property size is 3,500 square feet. The business reports monthly sales of $90,000. The monthly rent will be $4,000.
Key Highlights
- High Monthly Sales: $90,000 indicates a successful and profitable business.
- Seating Capacity: 130 seats allows for high customer volume.
- Low Monthly Rent: $4,000 is a relatively low expense for a restaurant business.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,825
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 39%
McDonald's
Dining
17,748 visits/mo
0.5 miles
Family Dollar
Shops & Services
8,238 visits/mo
0.5 miles
Exxon
Shops & Services
7,137 visits/mo
0.5 miles
Sunoco
Shops & Services
5,929 visits/mo
0.4 miles
SEFCU
Shops & Services
4,000 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in Albany, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Well-known Chinese restaurant business for sale with high monthly sales.
Where is this conventional restaurant located?
The property is located at 209 Central Avenue Albany, NY.
What is the lease rate?
The lease rate is $240,000.
What are key features of this property?
This property features: High Monthly Sales: $90,000 indicates a successful and profitable business.; Seating Capacity: 130 seats allows for high customer volume.; Low Monthly Rent: $4,000 is a relatively low expense for a restaurant business.
