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Live-Work Creative Studio Building
For Sale
$465,000

4 Central Avenue, Ravena, NY 12143

Converted former commercial building offers a studio with large storefront windows, plus separate residential living quarters.

Property Size4,361 SF
Price / SF$106.63
Days on Market95

Property Features for 4 Central Avenue

General Information

Standard status Active
Size 4,361 SF
Property subtype Commercial

Additional Details

Clear Height 12 ft

Taxes and HOA fees

Annual Taxes $4,779

Building Details

Year Built 1950
Listing Agency: HALTER ASSOCIATES REALTY
Listed By: JAMES BILLINGSLEY
Source: Corcoran
Added: Jul 7 Changed: Oct 3 Last Checked: Oct 7 at 12:12PM

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 HALTER ASSOCIATES REALTY

Investment Insights

Based on property information with market context.

This former commercial building is configured for live-work use, with approximately 2,100 square feet of residential space and an approximately 2,250 square-foot studio. The studio features expansive storefront windows designed to bring in natural light, 12-foot ceilings, and a professionally installed lighting grid suitable for a range of creative or production-focused work. Outside, the property includes an approximately 2,000-square-foot side yard for outdoor projects or future improvements.

Architectural plans for a live-work concept were previously approved by the Town of Ravena. A future owner would need to resubmit plans for approval based on intended use, and the building is not move-in-ready, though much of the infrastructure has already been completed.

The property is located just off Route 9W with immediate access to the New York State Thruway (I-87), providing convenient routes to Albany, Hudson, Catskill, and Kingston.

Key Highlights

  • Approx. 4,350 SF building with separate uses: 2,100 SF residential wing and 2,250 SF studio
  • Studio features expansive storefront windows, 12‑foot ceilings, and a professionally installed lighting grid
  • Approx. 2,000 SF side yard for outdoor projects, gardens, entertaining, or future improvements

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Plumbing Service Bakery

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

12 ft
Clear height

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby

Demographics for 12143, NY

4,903
Population
2,523
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
90%
High-School Grad
19.1 sq mi
ZIP Area
257
Density / Sq Mi
$89,450
Median Household Income
$41,458
Median Earnings
$1,022
Median Rent
$222,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Live-work space - Converted former commercial building offers a studio with large storefront windows, plus separate residential living quarters.
Where is this live-work space located?
The property is located at 4 Central Avenue Ravena, NY.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Approx. 4,350 SF building with separate uses: 2,100 SF residential wing and 2,250 SF studio; Studio features expansive storefront windows, 12‑foot ceilings, and a professionally installed lighting grid; Approx. 2,000 SF side yard for outdoor projects, gardens, entertaining, or future improvements
More about this property
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