412 Broadway, Albany, NY 12207
This exceptional business opportunity presents a well-established retail space at 412 Broadway in Albany, New York. Located in Albany County, this property boasts a prime location with high visibility and foot traffic. The 2,000 square foot building sits on a 0.22-acre lot and is zoned C3, offering flexibility for a variety of commercial uses. Currently operating as a general store, the business is turnkey and includes all fixtures and inventory. The asking price is $160,000, translating to $80 per square foot. The property consists of one building with one unit, making it an ideal investment for a single owner-operator or a small business looking to expand. The property's address is 412 Broadway, Albany, NY 12207. The Assessed Parcel Number (APN) is 76.42-3-36. This is a rare chance to acquire a profitable, established business in a desirable location with significant growth potential. The current business model focuses on curated craftsmanship, artisanal foods, locally crafted homewares, and unique gifts, offering a strong foundation for continued success. This turnkey operation is ready for immediate ownership and presents a unique opportunity for an entrepreneur seeking a profitable venture in a vibrant community. The property's location provides excellent access to major transportation routes and a dense population base.
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412 Broadway Albany NY Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.