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Four-Story Mixed-Use Building
New
For Sale
$199,900

503-525 Albany St, Little Falls, NY 13365

A mix of warehouse, residential, and commercial space is served by gas, electric, high-speed internet, and central air.

Property Size17,100 SF
Price / SF$11.76
Days on Market2

Property Features for 503-525 Albany St

General Information

Standard status Active
Size 17,100 SF
Property subtype Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,772

Building Details

Building Size 17,100 SF
Year Built 1920
Buildings 1
Stories 4
Listing Agency: River Hills Properties LLC
Listed By: Robin Mongeau · License #10491202123
Source: Elliman
Added: Oct 4 Last Checked: Oct 4 at 2:29PM

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 River Hills Properties LLC

Investment Insights

Based on property information with market context.

At 503-525 Albany Street, this four-story mixed-use building contains approximately 17,000 square feet. Two floors provide open, unfinished warehouse and storage space with high ceilings. The third floor is configured as living space, while the main level is occupied by two commercial businesses. The property has gas and electric service, high-speed internet, and central air. Three heating units serving the main-floor spaces and third-floor apartment were replaced in 2017. The building dates to 1920.

The property is in Little Falls, one block from Main Street. In December 2021, the city was selected for $10 million in Downtown Revitalization Initiative grant funding for downtown capital projects.

Key Highlights

  • Approximately 17,000 square feet across four stories
  • Two floors of open, unfinished warehouse and storage space with high ceilings
  • Third floor configured as living space; main level occupied by two commercial businesses

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Auto Parts Store Kitchen & Bath Showroom HVAC Service

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
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby

Demographics for 13365, NY

8,448
Population
4,066
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
123.6 sq mi
ZIP Area
68
Density / Sq Mi
$60,458
Median Household Income
$44,317
Median Earnings
$800
Median Rent
$121,000
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A mix of warehouse, residential, and commercial space is served by gas, electric, high-speed internet, and central air.
Where is this mixed-use property located?
The property is located at 503-525 Albany St Little Falls, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Approximately 17,000 square feet across four stories; Two floors of open, unfinished warehouse and storage space with high ceilings; Third floor configured as living space; main level occupied by two commercial businesses
More about this property
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