Mixed-Use Apartment and Retail
For Sale
$2,450,000
260 Washington Avenue, Albany, NY 12210
Completely renovated building with 14 apartments and a street-front retail space on Washington Avenue, plus an unfinished basement.
Property Size25,530 SF
Price / SF$95.97
Days on Market90
Property Features for 260 Washington Avenue
General Information
Standard status
Active
Size
25,530 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Multifamily Units
14
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Gabler Realty LLC
Listed By:
Judith Gabler
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jun 5
Changed: Aug 31
Last Checked: Sep 1 at 8:38PM
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 LLC
Investment Insights
Based on property information with market context.
Completely renovated about 11 years ago, this fully rented mixed-use building features 14 apartments and one large retail space with frontage on Washington Avenue in Albany, NY. The apartments include hardwood floors, granite, dishwashers, private laundry, and in-unit gas furnaces with central air, along with hot water heaters and electric panels. Tenants also have access to large storage rooms on both the upper and lower levels, and the building offers shared lounge or gym space. A lift provides accessibility to the second floor, and the property has secure entrances with an updated lobby intercom and security system.
An unfinished basement adds additional flexibility, with the potential for rentable space up to fire code. A shared, secure building configuration supports tenant entry and building access.
For financing, the seller notes an extremely attractive assumable Freddie Mac mortgage available until December 31, 2029. Inquire for more details.
An unfinished basement adds additional flexibility, with the potential for rentable space up to fire code. A shared, secure building configuration supports tenant entry and building access.
For financing, the seller notes an extremely attractive assumable Freddie Mac mortgage available until December 31, 2029. Inquire for more details.
Key Highlights
- Completely renovated apartment building with 14 apartments plus a large street‑front retail space on Washington Avenue
- 14 apartments feature hardwood floors, granite, dishwashers, and private laundry
- Each apartment has its own gas furnace and central air, plus a hot water heater and electric panel
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
601
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Completely renovated building with 14 apartments and a street-front retail space on Washington Avenue, plus an unfinished basement.
Where is this apartment building located?
The property is located at 260 Washington Avenue Albany, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Completely renovated apartment building with 14 apartments plus a large street‑front retail space on Washington Avenue; 14 apartments feature hardwood floors, granite, dishwashers, and private laundry; Each apartment has its own gas furnace and central air, plus a hot water heater and electric panel
