Mixed-Use Residential and Retail
For Sale
Contact for pricing
260 Washington Ave, Albany, NY 12210
Renovated building with 14 apartments and a retail space fronting Washington Avenue, plus an unfinished basement for potential buildout.
Property Size25,530 SF
Price / SF$101.84
Days on Market65
Property Features for 260 Washington Ave
General Information
Standard status
Active
Size
25,530 SF
Property subtype
Mixed Use
Zoning
C1
Occupancy
100%
Additional Details
Multifamily Units
14
Building Details
Year Built
1900
Year Renovated
2014
Buildings
1
Tenancy
Multi
Listing Agency:
Gabler Realty
(518) 935-4800
Listed By:
Judith Gabler · License #10491207625
Source:
Crexi
Added: Jun 10
Changed: Aug 8
Last Checked: Aug 12 at 11:21AM
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 Gabler Realty
Investment Insights
Based on property information with market context.
This mixed-use property was completely renovated 11 years ago and currently features 14 luxury apartments plus one large retail space. The apartments include hardwood floors, granite, dishwashers, private laundry, and individual gas furnaces with central air, along with hot water heaters and electric panels. Tenant storage rooms are available both up and down, and there is a shared lounge or gym space. Building access includes secure entrances and a lobby with intercom and an updated security system, as well as an accessible lift to the second floor. The property also includes a large unfinished basement, with stated potential for additional rentable space up to fire code.
The retail component has frontage on Washington Avenue at 260 Washington Ave in Albany, NY. The building is presented as fully rented.
For tenants and operators, the configuration supports both residential living and street-level retail occupancy within a single renovated structure. The presence of individual apartment systems and in-unit laundry can appeal to renters seeking independent comfort, while the unfinished basement offers an on-site area that may be developed in alignment with applicable fire code requirements. Financing terms are described as an assumable Freddie Mac mortgage available until Dec. 31, 2029; details are available upon inquiry.
The retail component has frontage on Washington Avenue at 260 Washington Ave in Albany, NY. The building is presented as fully rented.
For tenants and operators, the configuration supports both residential living and street-level retail occupancy within a single renovated structure. The presence of individual apartment systems and in-unit laundry can appeal to renters seeking independent comfort, while the unfinished basement offers an on-site area that may be developed in alignment with applicable fire code requirements. Financing terms are described as an assumable Freddie Mac mortgage available until Dec. 31, 2029; details are available upon inquiry.
Key Highlights
- 14 renovated luxury apartments plus 1 large retail space with frontage on Washington Avenue
- Apartments include hardwood floors, granite, dishwashers, private laundry, and individual gas furnaces with central air
- Building has secure entrances with lobby intercom and updated security system, plus an accessible lift to the second floor
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,402
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated building with 14 apartments and a retail space fronting Washington Avenue, plus an unfinished basement for potential buildout.
Where is this apartment building located?
The property is located at 260 Washington Ave Albany, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 14 renovated luxury apartments plus 1 large retail space with frontage on Washington Avenue; Apartments include hardwood floors, granite, dishwashers, private laundry, and individual gas furnaces with central air; Building has secure entrances with lobby intercom and updated security system, plus an accessible lift to the second floor
