281 Washington Ave Albany, NY 12206
- Parking lots & garages
- 0.03 lot acres
Current Use by Public Records
- Russian Church of Albany / Protestant Church
- Albany Ghanaian Seventh-Day Adventist Church / Seventh-Day Adventist Church
Property Details for 281 Washington Ave
- Lot size
- 0.03 lot acres
- Zone code
- R2B
- Property type
- Parking lots & garages
- APN
- 010100 65.71-3-34
- APU
- 101006571334
Description
This exceptional mixed-use property, situated at 281 Washington Avenue, Unit 281 in Albany, New York, presents a compelling investment opportunity. The property encompasses a 0.03-acre lot, offering significant potential for a variety of uses given its prime location within the vibrant city of Albany. The asking price is $489,000. 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 development and tenant occupancy, making it suitable for a range of commercial and residential applications. This presents a unique chance to acquire a strategically positioned asset in a growing urban area. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and allowable uses under current zoning regulations. The property's address is easily accessible and benefits from excellent visibility, making it an attractive proposition for businesses seeking a high-traffic location. Serious inquiries are welcome to explore this promising investment opportunity further. Detailed property information, including zoning details and potential use cases, is available upon request. This is a rare chance to acquire a well-situated mixed-use property in a thriving New York city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7662
- Latitude
- 42.6585
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA