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Property profile & analytics

285 Washington Ave Albany, NY 12206-3013

  • Investment properties
  • 5,772 SF
  • 0.08 lot acres
OFF-MARKET
Last Sale
Feb 04, 2020
$337,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-5893183
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

  • Miss Carter's RepHair Shop / Hair Salon
  • Bundles By Tiaira Boutique / Hair Extensions Supplier
  • Athena's Touch Of A Goddess / Hair Salon

Property Details for 285 Washington Ave

Year built
1900
Lot size
0.08 lot acres
Property size
5,772 SF
Zone code
R2B
Property type
Investment properties
Property subtype
Live-work space
APN
010100 65.71-3-37
APU
101006571337

Description

This exceptional retail opportunity presents two street-level spaces for lease, immediately available, in Albany's vibrant Center Square neighborhood. Located on Washington Avenue, these spaces are situated on the ground floor of a five-unit apartment building, offering high visibility and foot traffic. The spaces range from 700 to 1400 square feet, providing flexibility for a variety of businesses. Previously occupied by a salon and a tattoo parlor, the larger space (1400 sq ft) even retains existing salon and shampoo stations, representing a significant cost saving for a suitable tenant. The convenient location offers easy access to a wealth of amenities, including numerous restaurants, bars, and shopping options, all within walking distance. Furthermore, Washington Park is just steps away, adding to the property's appeal. The asking rent is inclusive of all utility costs, minimizing operational expenses for the tenant. This is a rare opportunity to establish a business in a thriving, well-connected neighborhood with high pedestrian traffic. The property's Class C designation and single-tenant occupancy further enhance its appeal. The Assessor's Parcel Number (APN) is 65.71-3-37. Don't miss out on this chance to secure a prime retail location in Albany's desirable Center Square.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Albany
County
Albany
State
New York
Longitude
-73.7664
Latitude
42.6587
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
$28,000
$220,900
$248,900
-
$39,531
$311,874
$351,405
More about this property
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