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Unique Albany Mixed-Use Property
For Sale
$1,198,988

339 Central Avenue, Albany, NY 12206

Historic building suitable for civic, office, or retail use.

Property Size10,328 SF
Price / SF$116.09
Days on Market176

Property Features for 339 Central Avenue

General Information

Standard status Active
Size 10,328 SF
Property subtype Other

Building Details

Building Size 10,328 SF
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Mar 13 Changed: Sep 4 Last Checked: Aug 10 at 10:17AM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

This unique property, originally built in 1926 as a bank, was converted in 2002 into a performing arts and events space. The property has a size of 10328 square feet. Zoning and building technical specificities indicate that use of the property as or for any civic or institutional, office or retail use are highly feasible.

Key Highlights

  • Versatile zoning allows for civic, institutional, office, or retail use.
  • Large 10,328 sqft space suitable for office or retail.
  • Unique building originally constructed as a bank in 1926.

Property Analytics

Current Use

The Linda WAMC's Performing ... Theater & Performing Art Venue

Suggested Use

Top Pick Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Home Appliance Store

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

1,540
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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic building suitable for civic, office, or retail use.
Where is this mixed-use property located?
The property is located at 339 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $1,198,988.
What are key features of this property?
This property features: Versatile zoning allows for civic, institutional, office, or retail use.; Large 10,328 sqft space suitable for office or retail.; Unique building originally constructed as a bank in 1926.
More about this property
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