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    1975 Central Ave Albany, NY 12205-4501
    Property profile & analytics

    1975 Central Ave, Albany, NY 12205-4501

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    • Turn key restaurants
    • 4,380 SF
    • 0.85 lot acres
    Off-Market
    Property ID
    US63-2584357
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Farmer Boy Diner & Restaurant / Restaurant

    Property Details for 1975 Central Ave

    Year built
    1990
    Lot size
    0.85 lot acres
    Zone code
    12
    Property type
    Turn key restaurants
    APN
    012689 29.6-1-2
    APU
    1268929612

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    — — Farmer Boy Diner INC — Deed Of Trust · related $200k · Newtek Small Busn Fin

    Description

    This exceptional 0.85-acre commercial lot presents a unique investment opportunity in the thriving Colonie, NY market. Situated at 1975 Central Avenue, this property boasts a highly visible location with excellent access to major roadways and a substantial daily traffic count, ensuring maximum exposure for any future development. The expansive lot size offers considerable flexibility for a variety of commercial projects, from retail spaces and restaurants to office buildings or light industrial uses. The property's zoning designation allows for a range of possibilities, making it an attractive prospect for both established businesses seeking expansion and entrepreneurs looking to build from the ground up. Its strategic location within Colonie provides easy access to a diverse and growing population base, offering a strong potential customer pool. The asking price of $1,275,000 reflects the significant value and development potential inherent in this prime commercial land parcel. Serious inquiries are encouraged to explore the possibilities and secure this exceptional opportunity to establish a thriving business in a highly desirable location. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to acquire a piece of Colonie's vibrant commercial landscape.


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    Location Insight

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    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8605
    Latitude
    42.7425
    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
    $130,000
    $470,000
    $600,000
    -
    $254,908
    $921,592
    $1,176,500
    More about this property
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