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Versatile Mixed-Use Commercial Building
For Sale
$899,000

233 Central Avenue, Albany, NY 12206

Commercial Sale, Albany, NY

Property SizeContact for details
Lot Size0.51 Acres
Days on Market313

Property Features for 233 Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 12
Interior features Built-in Features
Basement Interior Entry
Lot features Cleared
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions To get to 233 Central Avenue in Albany, NY, take I-87 to Exit 2 for Everett Road. Turn left onto Everett Road and continue for about a third of a mile until you reach Central Avenue. Turn left onto Central Avenue, and 233 Central Ave will be a short distance ahead on your left. If you're coming from downtown Albany, simply head west on Central Avenue (Route 5) until you reach the address.
Standard status Active
APN 65.63-2-56
Lot size 0.51 Acres

Taxes and HOA fees

Tax Annual Amount 51650

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Flooring type Concrete, Carpet, Hardwood
Building materials Brick
Roof type Rubber
Listing Agency: Clancy Real Estate
Listed By: Kevin Clancy · License #37CL1081409
Added: Nov 5, 2025 Changed: Sep 12 Last Checked: Sep 14 at 10:06AM
MLS# 202529186

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property at 233 Central Avenue combines storefront space, extensive office areas, a rear warehouse, and multiple upper-level areas within a brick building. The office component includes shared areas, private offices, conference rooms, and restrooms, with cosmetic enhancement noted in the property details. The warehouse has two loading areas, while additional space includes an unfinished apartment, a second-floor office and lounge area, and a former dry-cleaning area above the warehouse.

The property occupies 0.51 acres in Albany and provides road frontage along Central Avenue. On-site parking includes a 12+ space lot. Public water and public sewer serve the property, with forced-air heating, rubber roofing, and concrete, carpet, and hardwood flooring identified. The property is zoned Commercial and is offered as-is.

Key Highlights

  • 0.51‑acre mixed‑use commercial property at 233 Central Avenue, Albany, NY 12206
  • 12+ space parking lot included
  • Storefront area with road frontage along Central Avenue

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Furniture & Home Goods Electrical Service

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

2,825
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with storefront, office, warehouse, parking, and additional unfinished spaces along Central Avenue.
Where is this mixed-use property located?
The property is located at 233 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 0.51‑acre mixed‑use commercial property at 233 Central Avenue, Albany, NY 12206; 12+ space parking lot included; Storefront area with road frontage along Central Avenue
More about this property
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