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Restaurant with Lounge
For Sale
$199,000

350 Northern Boulevard, Albany, NY 12204

A furnished restaurant space includes dining rooms, a covered patio, and unused equipment.

Property Size61,044 SF
Price / SF$3.26
Days on Market46

Property Features for 350 Northern Boulevard

General Information

Standard status Active
Size 61,044 SF
Total Parking Spaces 300
Property subtype Retail

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Highway Access Yes

Building Details

Year Built 2026
Listing Agency: Hanna Commercial
Listed By: Philip Sabatino · License #10401299525
Source: Simplywoodardrealestate
Added: Sep 18 Changed: Nov 1 Last Checked: Nov 1 at 3:05PM

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 Hanna Commercial

Rey
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Investment Insights

Based on property information with market context.

Located in Loudon Plaza on Northern Boulevard, this restaurant property offers approximately 2,665 square feet with a front lounge, main dining room, private dining room, and covered patio. Interior finishes include a granite bar, crystal chandeliers, marble tables, velvet banquettes, and black-and-gold detailing. The property was built in 2026 and includes new, unused equipment; the equipment and buildout are offered for sale, with a lease to be negotiated with ownership.

The site is next to Albany Memorial Hospital, with roughly 300 parking spaces and access to I-90, I-787, and I-87. Downtown Albany is minutes away.

Key Highlights

  • Approximately 2,665 SF in Loudon Plaza
  • Front lounge, main dining room, and private dining room
  • Covered patio and granite bar

Property Analytics

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

Current Use

Kriss Kriss Brignola Law Firm Levy David Law Firm SG Insurance Insurance Agency TSI Staffing Services Employment Agency Busy Day Courier Service

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 87% Shops & Services 13%
Dunkin' Donuts Dining
7,464 visits/mo 0.2 miles
Trustco Bank Shops & Services
1,153 visits/mo 0.4 miles

Demographics for 12204, NY

7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A furnished restaurant space includes dining rooms, a covered patio, and unused equipment.
Where is this conventional restaurant located?
The property is located at 350 Northern Boulevard Albany, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Approximately 2,665 SF in Loudon Plaza; Front lounge, main dining room, and private dining room; Covered patio and granite bar
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