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Mixed-Use Residential Building with Retail
For Sale
$2,600,000

260 Washington Avenue, Albany, NY 12210

COMMERCIAL - Other - Albany, NY

Property Size25,530 SF
Lot Size0.22 Acres
Price / SF$101.84
Days on Market53

Property Features for 260 Washington Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Parking features On Street
Security features Security Lighting
Interior features High Speed Internet, Paddle Fan, Vaulted Ceiling(s), Walk-In Closet(s), Cathedral Ceiling(s), Ceramic Tile Bath
Basement Unfinished, Interior Entry, Partial
Lot features Level
Directions Between Washington Avenue and Spring Street, one block from Washington Park.
Standard status Active
APN 010100 65.80-2-29
Size 25,530 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 68439

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Flooring type Hardwood, Tile, Vinyl
Building materials Brick
Roof type Rubber
Architectural style Other
Listing Agency: Gabler Realty, LLC
Listed By: Judith Gabler · License #10491207625
Added: Jun 9 Changed: Jul 24 Last Checked: Jul 31 at 2:06AM
MLS# 202619191

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 renovated mixed-use residential building features 14 apartments and one large retail space. The property was completely renovated 11 years ago and is currently fully rented. Apartment interiors include hardwood floors, granite, dishwashers, private laundry, and in-unit systems such as individual gas furnaces and central air, plus hot water heaters and electric panels. Tenants also have access to large storage rooms, and there is a shared lounge or gym space. The building includes secure entrances and an updated lobby with intercom. An accessible lift serves the second floor, and there is also an unfinished basement that may be developed to meet fire code requirements for additional rentable space.

The retail component has frontage on Washington Avenue, and the property is situated in a Mixed zoning district.

Additional operational conveniences include secured access throughout the building and updated security measures. An assumable Freddie Mac mortgage is available until Dec. 31, 2029, providing a potentially streamlined path to ownership for qualified buyers.

Key Highlights

  • 14 apartments plus 1 large retail space with frontage on Washington Avenue; property is fully rented
  • Completely renovated about 11 years ago; brick construction with a rubber roof
  • Apartment features include hardwood floors, granite, dishwashers, and private in‑unit laundry

Property Analytics

Current Use

Sedgwick Claims Management ... Financial Advisor FedEx Drop Box Postal Service Elderly Pharmaceutical Cover Public Health Department Vytelle Laboratory Gerard Florio Physician

Suggested Use

Top Pick Restaurant Spa & Massage Center Auto Parts Store Real Estate Agency Parking Lot & Garage HVAC 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.

Lease Details

14
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,402
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

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?
Apartment building - Renovated multifamily mixed-use building with 14 apartments and one ground-floor retail space with frontage on Washington Avenue.
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 $2,600,000.
What are key features of this property?
This property features: 14 apartments plus 1 large retail space with frontage on Washington Avenue; property is fully rented; Completely renovated about 11 years ago; brick construction with a rubber roof; Apartment features include hardwood floors, granite, dishwashers, and private in‑unit laundry
More about this property
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