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    46 Columbia St Albany, NY 12207

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    For Sale
    $587,500

    Completely restored mixed-use building with commercial space and residential unit.

    Property size:
    3,500 SF
    Lot size:
    0.03 Acres

    Property Features for 46 Columbia St

    General Information

    Size
    3,500 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    1811

    Source: KW Platform Agent Robert Bradley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restored Mixed-Use Building in Albany

    This attractive, solid brick mixed-use building, originally constructed in 1880, overlooks Tricentennial Park in Downtown Albany. It underwent a complete renovation in 1999/2000, with approximately $450,000 invested, and received an award from the Historic Foundation in 2000. The 3-story building features a two-level commercial space with a mezzanine between the first and second floors, and a modern Class-A one-bedroom apartment upstairs. The property includes sound hardwoods and woodwork throughout, marble (non-working) fireplaces on every floor, and a Schindler hydraulic elevator that provides access to all three levels. Each floor is equipped with a dedicated heating system and separate utilities. The building has a total size of 3500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Green Garden Asia ... Day Spa

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7501595
    Latitude
    42.6519545

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    FAQs

    What type of property is this?
    Mixed-use property - Completely restored mixed-use building with commercial space and residential unit.
    Where is this mixed-use property located?
    The property is located at 46 Columbia St Albany, NY.
    What is the asking price?
    The asking price for this property is $587,500.
    What are key features of this property?
    This property features: - Completely renovated in 1999/2000 with a $450,000 investment, earning an award from the Historic Foundation.; - Mixed-use building featuring a two-level commercial space and a modern 'Class-A' one-bedroom apartment.; - Features a Schindler Hydraulic elevator accessible from all 3 levels.
    (518) 764-2180
    Request Owner's contact information
    46 Columbia St Albany, NY 12207
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    Albany, NY 12207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    46 Columbia St Albany, NY 12207
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