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Connected Apartment Buildings With Commercial Space

341-345 Clinton Avenue, Albany, NY 12210

For Sale
$715,000

Three mechanically linked townhouses provide residential units alongside ground-floor commercial space.

Property Size8,046 SF
Price / SF$88.86
Days on Market128

Property Features for 341-345 Clinton Avenue

General Information

Standard status Active
Size 8,046 SF
Property subtype Multi-family

Units

Unit Mix 4 x 1BR/1BA, 1 x 3BR/2BA, 1 x 4BR/2BA
Multifamily Units 6

Additional Details

Highway Access Yes

Building Details

Year Built 1880
Buildings 3
Listing Agency: NAI Platform LLC
Listed By: Anton Pasquill · License NY #10401318851
Source: Signatureonerealtygroup
Added: Jul 11 Changed: Nov 14 Last Checked: Nov 14 at 7:03AM

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 NAI Platform LLC

Rey
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Investment Insights

Based on property information with market context.

This offering spans three tax lots and includes two townhouses configured with two units each, plus a mixed-use townhouse containing commercial space at ground level and two residential units above. The buildings are mechanically connected and date to 1880. Current residential configuration includes four 1-bedroom, 1-bath units, one 3-bedroom, 2-bath unit, and one 4-bedroom, 2-bath unit within 8,046 square feet.

The property is located at 341-345 Clinton Avenue in Albany, with major highways approximately two minutes away and downtown within walking distance. Additional permitted or conditional uses identified for the property include a Community Residential Facility, Group Living, Religious Institution, and Bed-and-Breakfast. Showings require 48 hours’ notice and are available Monday through Friday during business hours.

Key Highlights

  • Six‑unit configuration: four 1‑bed/1‑bath units, one 3‑bed/2‑bath unit, and one 4‑bed/2‑bath unit
  • Mixed‑use townhouse includes ground‑floor commercial space and two units above
  • Three mechanically connected townhouses across three tax lots

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Carpet & Flooring Store Skin Care Clinic Catering 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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,081
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Albany, NY

$177 Jul
$190 Aug
$195 Sep
$192 Oct

Properties on Market for Apartment buildings in Albany

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three mechanically linked townhouses provide residential units alongside ground-floor commercial space.
Where is this apartment building located?
The property is located at 341-345 Clinton Avenue Albany, NY.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Six‑unit configuration: four 1‑bed/1‑bath units, one 3‑bed/2‑bath unit, and one 4‑bed/2‑bath unit; Mixed‑use townhouse includes ground‑floor commercial space and two units above; Three mechanically connected townhouses across three tax lots
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