Mixed-Use Property with
New
For Sale
$99,000
664 Central Ave, Albany, NY 12206
The offering combines four apartments with ground-floor commercial space across two adjoining Central Avenue buildings.
Property Size1,900 SF
Price / SF$52.11
Days on Market4
Property Features for 664 Central Ave
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
basement requires a complete remodel
Site & Location
Traffic Count
24,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Mixed-Use Components
retail, residential
Additional Details
Multifamily Units
4
Building Details
Year Built
1900
Buildings
2
Listing Agency:
Gallo Realty Adk Inc
(518) 810-5885
Listed By:
Clancy Real Estate, Inc
(518) 861-7016
Source:
Clancyrealestate
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 4 at 1:45PM
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 Gallo Realty Adk Inc
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Investment Insights
Based on property information with market context.
The sale brings together two neighboring Central Avenue buildings: a two-family property and an adjacent mixed-use building. In total, the package contains four apartments and ground-floor commercial space. The upper-level apartments require work, and the basement needs a full renovation, leaving the interior scope open for a new owner to address.
Central Avenue carries more than 24,000 vehicles daily, and a CDTA line identified as the agency’s busiest serves the property. More than 20,900 residents live within one mile. The buildings date to 1900.
Central Avenue carries more than 24,000 vehicles daily, and a CDTA line identified as the agency’s busiest serves the property. More than 20,900 residents live within one mile. The buildings date to 1900.
Key Highlights
- Combined offering includes two adjoining buildings with four apartments and ground‑floor commercial space
- Upper‑floor apartments need work; basement requires a complete remodel
- Fronts Central Avenue, with more than 24,000 vehicles passing daily
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Residential units
24,000 VPD
Traffic count
Yes
Highway access
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering combines four apartments with ground-floor commercial space across two adjoining Central Avenue buildings.
Where is this mixed-use property located?
The property is located at 664 Central Ave Albany, NY.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Combined offering includes two adjoining buildings with four apartments and ground‑floor commercial space; Upper‑floor apartments need work; basement requires a complete remodel; Fronts Central Avenue, with more than 24,000 vehicles passing daily
