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Property profile & analytics
FOR LEASE
Investment properties

22 Clinton Ave Albany, NY 12210

11,832 SF 0.19 ac lot Built 1927
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US63-3335336
Property summary
AI-generated overview

This exceptional mixed-use property, located at 22 Clinton Avenue, Unit 22, in the vibrant city of Albany, New York, presents a compelling investment opportunity. Situated on a sizable 0.21-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The asking price is $2,290,000. While the precise square footage is currently unavailable, the substantial lot size and mixed-use zoning suggest ample space for development or expansion. Albany's thriving economy and strategic location within New York State make this an attractive proposition for investors seeking strong returns. The property's address in the heart of Albany ensures high visibility and accessibility, benefiting from excellent proximity to local amenities, transportation networks, and a diverse population base. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and configuration of the existing structures. This is a rare opportunity to acquire a significant mixed-use asset in a prime Albany location, offering substantial upside potential for the discerning investor. Serious inquiries are welcome. The property is offered as-is.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1927
Total area 11,832 SF
Lot 0.19 ac (8,325 SF)
Zoning code C3
APN 010100 76.26-1-27
UPID US63-3335336
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Maguire Cardona, PC, Attorneys at Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.07M
Owner & transaction history
Clinton & Chapel LLC · 9 yrs held
Clinton & Chapel LLC
since 2016
4 recorded transactions
2016
$825,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C3 · Albany, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.3M +38.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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