1038 Central Ave Albany, NY 12205
Property profile & analytics
1038 Central Ave Albany, NY 12205
- Drive through restaurants
- 2,012 SF
- 0.33 lot acres
Property ID
US63-3731097
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Drive through restaurants
Property Details for 1038 Central Ave
- Year built
- 1960
- Lot size
- 0.33 lot acres
- Property size
- 2,012 SF
- Zone code
- C2
- Property type
- Drive through restaurants
- APN
- 010100 53.66-1-32
- APU
- 101005366132
Description
This exceptional ±2,012 square foot free-standing retail building is situated on the bustling Central Avenue (Route 5) in Albany, New York. Currently occupied by a Dunkin' Donuts franchise, the property boasts a convenient drive-thru, enhancing its appeal and operational efficiency. The building is offered for sale or lease, presenting a compelling investment opportunity. The existing lease with the current tenant is set to expire in August 2025, providing flexibility for future use or continued tenancy. Located in Albany County, with a precise address of 1038 Central Ave, Albany, NY 12205 (42.6855705, -73.7968814), this property benefits from high visibility and accessibility due to its prominent location on a major thoroughfare. The single-tenant occupancy simplifies management and provides a clear revenue stream. The property's classification is retail, specifically categorized as a restaurant. This presents a unique opportunity for investors seeking a strong performing asset in a desirable location or for an owner-user seeking to establish their own business in a high-traffic area. The property's size and features make it suitable for a variety of retail uses, beyond its current configuration. Serious inquiries are encouraged to explore the potential of this valuable commercial real estate asset.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7969
- Latitude
- 42.6856
- 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
$0.00
$152,500
$367,500
$520,000
-
$215,304
$518,848
$734,152
