256 Delaware Ave Albany, NY 12209
- Investment properties
- 1,512 SF
- 0.12 lot acres
Current Use by Public Records
- Investment properties
Property Details for 256 Delaware Ave
- Year built
- 1900
- Lot size
- 0.12 lot acres
- Property size
- 1,512 SF
- Zone code
- C1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 010100 76.54-4-12
- APU
- 101007654412
Description
This exceptional mixed-use property, situated at 256 Delaware Avenue, Unit 256 in Albany, New York, presents a compelling investment opportunity. The property encompasses a sizable 0.12-acre lot, offering significant potential for development or expansion. While the precise square footage is currently unavailable, the property's mixed-use zoning allows for a variety of commercial and residential applications, catering to diverse business and living needs. Its strategic location in Albany ensures high visibility and accessibility, placing it within easy reach of key transportation routes and a vibrant urban environment. The asking price of $299,188 represents a competitive entry point into the Albany real estate market, making this an attractive proposition for both seasoned investors and newcomers seeking a profitable venture. The property's versatility and prime location make it an ideal asset for generating rental income, establishing a new business, or a combination of both. Further due diligence is encouraged to fully explore the development potential and unlock the full value of this promising investment. Detailed information regarding zoning regulations and permitted uses is readily available upon request. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving New York city.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.775
- Latitude
- 42.6433
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
