260 Delaware Ave Albany, NY 12209
- Commercial real estate
- 1,680 SF
- 0.61 lot acres
Current Use by Public Records
- Ariana Kalamaras / Pharmacy
Property Details for 260 Delaware Ave
- Year built
- 1867
- Lot size
- 0.61 lot acres
- Property size
- 1,680 SF
- Property type
- Commercial real estate
- APN
- 010100 76.54-4-13
Description
This exceptional multifamily property, located on the coveted Delaware Avenue in Albany, NY, presents a compelling investment opportunity. The building, constructed in 1867, boasts a total of 1,680 square feet across two stories and sits on a sizable 0.61-acre lot. The property features two rental units; the first floor unit comprises two bedrooms, one full bathroom, and a spacious kitchen. The second floor unit offers one bedroom and one full bathroom. Both units are currently rented, providing immediate cash flow. The property includes six parking spaces, a significant advantage in this location. The building features 8-foot ceilings throughout. This property is zoned for residential use and has an Albany County APN of 010100 76.54-4-13. The asking price is $279,950, translating to $166.64 per square foot. This property is conveniently located at 260 Delaware Avenue, Albany, NY 12209. It can be purchased individually or in conjunction with the adjacent property at 256 Delaware Avenue. This presents a rare chance to acquire a well-located, income-generating multifamily property in a thriving Albany neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7752498
- Latitude
- 42.6435276
