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Commercial Property with Long-Term Lease
For Sale
$419,900

407 Central Avenue, Albany, NY 12206

Fully rented commercial property with long-term lease in place.

Property Size3,510 SF
Price / SF$119.63
Days on Market194

Property Features for 407 Central Avenue

General Information

Standard status Active
Size 3,510 SF
Property subtype Commercial

Building Details

Year Built 1890
Listing Agency: Realmart Realty LLC
Listed By: Qizhan J Yao
Source: Signatureonerealtygroup
Added: Mar 10 Changed: Sep 18 Last Checked: Sep 19 at 11:39AM

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 Realmart Realty LLC

Investment Insights

Based on property information with market context.

This commercial property presents an investment opportunity with a long-term commercial lease already in place. The property size is 3510 square feet. It is being sold as is. The property is located on Central Avenue in Albany, NY.

Key Highlights

  • Fully rented property with existing long‑term commercial lease
  • Ideal for investors looking to start or expand their portfolio
  • Seller is open to reviewing all written offers

Property Analytics

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Current Use

SMOKY CLOUD (Bike/Boat/Book/etc) Store Lavender's Specialty Food Shop Boost Mobile Mobile Phone Store Unique Dimensions Hair Salon

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Gym & Fitness Center Carpet & Flooring 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

1,647
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
NNN property - Fully rented commercial property with long-term lease in place.
Where is this nnn property 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: Fully rented property with existing long‑term commercial lease; Ideal for investors looking to start or expand their portfolio; Seller is open to reviewing all written offers
More about this property
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