15 Ctr St Albany, NY 12207-2425
- Auto shops
- 374 SF
- 0.42 lot acres
Oct 07, 2022
Current Use by Public Records
- Auto shops
Property Details for 15 Ctr St
- Year built
- 1962
- Lot size
- 0.42 lot acres
- Property size
- 374 SF
- Zone code
- M1
- Property type
- Auto shops
- APN
- 010100 65.20-2-33
- APU
- 101006520233
Description
This exceptional 1,500 square foot free-standing retail building, situated on a 0.49-acre corner lot in Albany, NY's warehouse district, presents a unique investment opportunity. Built in 1962, the property is currently vacant and offers immediate occupancy. The zoning, designated as MU Formed Based W/House, allows for a variety of uses. The building's single-tenant configuration provides flexibility for owner-occupancy or leasing. Its prime location near downtown Albany ensures high visibility and accessibility. The substantial lot size offers potential for expansion or redevelopment, catering to various business needs. This property is offered as a ground lease, providing an attractive entry point into the Albany commercial real estate market. The address is 15 Centre Street, Albany, NY 12207, and the property is conveniently located at latitude 42.6561452 and longitude -73.7445815. This is an excellent chance to acquire a well-positioned retail space with significant upside potential in a thriving urban area. The property's existing structure provides a solid foundation for immediate use, while the ample lot size allows for future growth and adaptation to evolving market demands. Don't miss this opportunity to secure a valuable asset in a dynamic and growing city.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $775,000
- ML approach
- $1,045,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7446
- Latitude
- 42.6561
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
