Mixed-Use Building with
662 Central Avenue, Albany, NY 12206
For Sale
$324,000
Two adjoining parcels combine residential units with ground-floor commercial space suited to restaurant or retail occupancy.
Property Size2,968 SF
Price / SF$109.16
Days on Market17
Property Features for 662 Central Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Traffic Count
Road Access
Mixed-Use Components
Additional Details
Floor
Equipment Included
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Hanna Commercial
Listed By:
Philip Sabatino · License #10401299525
(518) 376-2717
Source:
Signatureonerealtygroup
Added: Oct 23
Changed: Nov 6
Last Checked: Nov 6 at 10:06AM
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 Hanna Commercial
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Investment Insights
Based on property information with market context.
The offering includes two adjacent buildings at 662 and 664 Central Avenue. The three-story mixed-use building at 662 has ground-floor commercial space, with most restaurant equipment removed, and two one-bedroom apartments above. The adjoining property is a two-family building; together, the buildings contain four apartments and commercial space. The mixed-use building was built in 1975.
Central Avenue carries more than 24,000 vehicles daily, and CDTA’s busiest transit line stops at the property. The package brings the neighboring parcels together along Albany’s primary commercial artery.
Central Avenue carries more than 24,000 vehicles daily, and CDTA’s busiest transit line stops at the property. The package brings the neighboring parcels together along Albany’s primary commercial artery.
Key Highlights
- Two adjacent buildings at 662 and 664 Central Avenue offered together
- Four apartments and ground‑floor commercial space across the two‑building package
- Three‑story mixed‑use building at 662 Central Avenue, built in 1975
Property Analytics
Who owns this building?
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Current Use
Lease Details
24,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
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Business Placement
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
$162,300
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Albany, NY
Properties on Market for Mixed-use properties in Albany
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two adjoining parcels combine residential units with ground-floor commercial space suited to restaurant or retail occupancy.
Where is this mixed-use property located?
The property is located at 662 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: Two adjacent buildings at 662 and 664 Central Avenue offered together; Four apartments and ground‑floor commercial space across the two‑building package; Three‑story mixed‑use building at 662 Central Avenue, built in 1975
