Mixed-Use Building with Retail and
New
For Sale
$899,900
83 Central Avenue, Albany, NY 12206
Historic commercial property combines leased storefronts, four apartments, and rear warehouse space accessed through private garages.
Property Size17,464 SF
Price / SF$51.53
Days on Market7
Property Features for 83 Central Avenue
General Information
Standard status
Active
Size
17,464 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Road Access
Yes
Multifamily Units
4
Building Details
Year Built
1890
Buildings
1
Tenancy
Multi
Listing Agency:
The People's Real Estate Group
Listed By:
Hassan Khan
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Aug 5
Changed: Aug 10
Last Checked: Aug 10 at 5:55AM
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 The People's Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1890, this 17,464-square-foot mixed-use property at 83 Central Avenue combines retail, residential, and warehouse components. Two ground-floor storefronts are leased to a smoothie shop and a mobile phone retailer. A separate entrance serves four rented apartments configured as one-, two-, and three-bedroom units.
The rear warehouse is leased and includes access through two private garages. Additional unused area is available for potential future build-out into another income-producing unit or self-storage space. The property is located on Central Avenue in Albany, extending through a commercial corridor between the downtown area and Schenectady.
The rear warehouse is leased and includes access through two private garages. Additional unused area is available for potential future build-out into another income-producing unit or self-storage space. The property is located on Central Avenue in Albany, extending through a commercial corridor between the downtown area and Schenectady.
Key Highlights
- 17,464‑square‑foot mixed‑use building constructed in 1890
- Two leased ground‑floor storefronts occupied by a smoothie shop and mobile phone retailer
- Four rented apartments with one-, two-, and three‑bedroom layouts
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,078
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic commercial property combines leased storefronts, four apartments, and rear warehouse space accessed through private garages.
Where is this mixed-use property located?
The property is located at 83 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 17,464‑square‑foot mixed‑use building constructed in 1890; Two leased ground‑floor storefronts occupied by a smoothie shop and mobile phone retailer; Four rented apartments with one-, two-, and three‑bedroom layouts
