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Mixed-Use Building with Apartment
For Sale
$130,000

601 Clinton Avenue, Albany, NY 12206

Commercial space occupies the first floor, with a two-bedroom apartment above and separate utilities for the residential unit.

Property Size2,200 SF
Price / SF$59.09
Days on Market12

Property Features for 601 Clinton Avenue

General Information

Standard status Active
Size 2,200 SF
Property subtype Commercial

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,578

Amenities

Built-Up Roof
Deck
Forced Air Heating
Natural Gas Heating
Sloped

Building Details

Year Built 1890
Buildings 1
Stories 2
Listing Agency: HOWARD HANNA CAPITAL INC
Listed By: VICTORIA M GETTINGS · License #30GE0759241
Source: Corcoran
Added: Aug 11 Changed: Aug 21 Last Checked: Aug 21 at 9:08AM

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 HOWARD HANNA CAPITAL INC

Investment Insights

Based on property information with market context.

This mixed-use building at 601 Clinton Avenue includes a commercial first floor, a second-floor two-bedroom apartment, and a basement. The first floor is currently used for owner storage and is expected to be emptied. It has no connected utilities. The apartment is occupied by a month-to-month tenant and has separate utilities. The basement has not been regularly used, and the electrical panel serving the apartment is positioned in the front hallway of the second floor.

The property is next door to Albany Victory Gardens. It is tax-classified as a bar/tavern, and any change in use would require review through Planning and Code. The building dates to 1890 and offers a mixed residential and commercial configuration in Albany.

Key Highlights

  • Two‑bedroom second‑floor apartment with a month‑to‑month tenant
  • Separate utilities serve the residential apartment
  • First‑floor commercial area currently used for owner storage and expected to be emptied

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Acupuncture Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Home Appliance 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.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 43%
McDonald's Dining
17,748 visits/mo 0.1 miles
Burger King Dining
11,928 visits/mo 0.3 miles
Exxon Shops & Services
7,137 visits/mo 0.3 miles
Family Dollar Shops & Services
6,766 visits/mo 0.4 miles
Sunoco Shops & Services
5,929 visits/mo 0.0 miles

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

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space occupies the first floor, with a two-bedroom apartment above and separate utilities for the residential unit.
Where is this mixed-use property located?
The property is located at 601 Clinton Avenue Albany, NY.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two‑bedroom second‑floor apartment with a month‑to‑month tenant; Separate utilities serve the residential apartment; First‑floor commercial area currently used for owner storage and expected to be emptied
More about this property
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