85 Columbia StAlbany, NY 12210

  • Land
  • 0.06 AC
For Sale
$860,000 View listing

Property Details for 85 Columbia St

Year built
1880
Lot size
0.06 AC
Zone code
C3
Property type
Land
Property subtype
Commercial land
APN
010100 76.26-3-9
APU
10100762639

Description

This exceptional mixed-use property, located at 85 Columbia St Unit 85-87 in Albany, NY, presents a compelling investment opportunity. Situated on a 0.06-acre lot, the building offers significant potential for a variety of uses, capitalizing on its prime Albany location. The asking price is $860,000. While the precise square footage is currently unavailable, the property's size and location suggest a strong return on investment. The mixed-use zoning allows for flexibility in developing and adapting the space to meet diverse business needs. This makes it an attractive option for both established businesses seeking expansion and entrepreneurs looking to establish a new venture. Albany's vibrant and growing economy, coupled with the property's strategic location, ensures a high potential for rental income and appreciation. The property's address, 85 Columbia St Unit 85-87, places it within easy reach of key transportation routes, amenities, and a thriving commercial district. This makes it an ideal location for businesses seeking high visibility and convenient access for customers and employees. Further due diligence is encouraged to fully assess the property's potential and to confirm all relevant details. Serious inquiries are welcome.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $743,834
    Hospitality
    $681,348
    Educational
    $566,874
    Medical
    $586,369
    Retail
    $881,803
85 Columbia St, Albany, New York
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Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6528
Longitude
-73.7523
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$27,700
-
$27,700
-
$39,108
-
$39,108

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