407 Central Avenue, Albany, NY 12206

Building Details

Year Built

1890

Listing office REALMART REALTY LLC N***@realmartrealty.com Show Phone

Listing date Jun 20, 2026

Source Corcoran

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Overview

407 Central Avenue is a mixed-use property offering commercial space on the first floor with two residential units on the second and third floors. The upper level includes two spacious four-bedroom, one-bath apartments, creating a building configuration designed to support multiple revenue streams.

The property is listed for sale and can be structured for different buyer objectives, including investors seeking a mixed-income profile or owner-occupants who want to run the commercial space while living in one of the residential units. The layout provides practical flexibility, with the retail component separated from the residential floors.

For tenants and buyers, this kind of vertical mixed-use setup can be appealing when you want the convenience of having commercial and residential uses within the same asset. The presence of two four-bedroom apartments may also be useful for households needing more space, while the first-floor commercial portion can support a range of day-to-day retail or service needs, subject to applicable requirements.

Suggested Use

Real Estate Agency Acupuncture Travel Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Storage Facility Shopping Center & Mall Home Appliance Store Clothing & Fashion Store Nursing Home

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

Location Insight

• Map
• Local Demand

City

Albany

County

Albany

State

New York

Longitude

-73.7750384

Latitude

42.6672962

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FAQs

What type of property is this?

Duplex - Mixed-use building combining first-floor retail space with two residential units above for diversified income possibilities.

Where is this duplex located?

The property is located at 407 Central Avenue Albany, NY.

What is the asking price?

The asking price for this property is $419,900.

What are key features of this property?

This property features: Year built 1890 mixed‑use building with commercial space on the first floor and residential units on the 2nd and 3rd floors.; First‑floor commercial space with two residential units above.; 2 spacious residential units: each has 4 bedrooms and 1 bath (2nd and 3rd floors).