Property profile & analytics
1881 Central Ave Albany, NY 12205-4221
Located on Central Avenue in Albany, New York, this property offers approximately 9000 square feet of restaurant space typically offered for lease. The site benefits from a high traffic volume, with an Average Annual Daily Traffic (AADT) of over 44,000 cars. It features approximately 75 striped parking spaces. The restaurant equipment was in use until recently. The property is situated across from Colonie Plaza and Colonie Diner at a traffic signal. Additionally, the property includes a four-bedroom apartment on the second floor. The location is near an Aldi, 7 Brew, and Broadview Credit Union.
- Restaurants
- 11,223 SF
- 3.45 lot acres
OFF-MARKET
Value Estimations
$235,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1075413
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.
Current Use by Public Records
- Dragon Buffet / Buffet Restaurant
Property Details for 1881 Central Ave
- Year built
- 1960
- Lot size
- 3.45 lot acres
- Property size
- 11,223 SF
- Zone code
- 12
- Property type
- Restaurants
- APN
- 012689 29.10-1-14
- APU
- 126892910114
Property Overview
Located on Central Avenue in Albany, New York, this property offers approximately 9000 square feet of restaurant space typically offered for lease. The site benefits from a high traffic volume, with an Average Annual Daily Traffic (AADT) of over 44,000 cars. It features approximately 75 striped parking spaces. The restaurant equipment was in use until recently. The property is situated across from Colonie Plaza and Colonie Diner at a traffic signal. Additionally, the property includes a four-bedroom apartment on the second floor. The location is near an Aldi, 7 Brew, and Broadview Credit Union.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $235,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.8516
- Latitude
- 42.735
- 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
$1,053,000
$827,000
$1,880,000
-
$2,064,720
$1,621,580
$3,686,300
