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Mixed-Use Apartment and Retail Building

261-263 Central Ave Albany, NY 12206

New
261-263 Central Ave, Albany, NY, 12206
$2,199,000
For Sale
$2,199,000

MULTI_FAMILY - Albany, NY

Days on Market2

Property Features for 261-263 Central Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Listing agency REALTY ONE GROUP KEY
Listed by Leah Witko · License #10401256547
Added: Jul 21 Updated: Jul 22 at 1:30AM Checked: Jul 22 at 2:06PM
MLS# 11896437

Copyright © 2026 My State MLS. 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 for-sale mixed-use property includes 15 apartments along with a large garage and a commercial storefront. The building is fully leased, providing in-place occupancy across residential and retail components.

The property is located at 261-263 Central Ave in Albany, NY, at the intersection of Central Ave and Sherman, offering convenient access to nearby commercial activity in the area.

Overall, the tenant-occupied mix of apartments, a garage component, and a commercial storefront creates a diversified layout within one offering.

Key Highlights

  • Mixed‑use property on Central Ave and Sherman in Albany
  • 15 apartments plus a commercial storefront
  • Large garage on site

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Acupuncture (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store Catering Service Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully leased mixed-use building with 15 apartments, a large garage, and a commercial storefront space.
Where is this apartment building located?
The property is located at 261-263 Central Ave Albany, NY.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Mixed‑use property on Central Ave and Sherman in Albany; 15 apartments plus a commercial storefront; Large garage on site
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