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    368 Central Ave Albany, NY 12206
    Property profile & analytics

    368 Central Ave Albany, NY 12206


    • Auto shops
    • 16,420 SF
    • 0.51 lot acres
    Mixed-Use Albany Property For Sale For Sale
    $950,000
    16,420 SF

    Mixed-Use Albany Property For Sale

    Mixed-use property available for sale in Albany, New York.

    368 Central Ave, Albany, NY 12206
    View Listing
    Property ID
    US63-2359090
    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

    • Watkins Spring Co / (Bike/Boat/Book/etc) Store / Auto Parts Store

    Property Details for 368 Central Ave

    Year built
    1984
    Lot size
    0.51 lot acres
    Property size
    16,420 SF
    Zone code
    C3
    Property type
    Auto shops
    APN
    010100 65.54-1-18
    APU
    101006554118

    Description

    Exceptional opportunity to acquire Watkins Spring Co. Inc., a well-established business operating for over a century in Albany, NY. This profitable enterprise specializes in heavy-duty truck suspension services, boasting over 4,000 accounts and a strong reputation within the Capital District. The sale encompasses the real estate, business, goodwill, fixtures, furniture, equipment (FF&E), and inventory. The property itself comprises a 16,420 square foot building constructed in 1908, situated on a 0.86-acre lot with 25 parking spaces. The building is single-story and zoned MU-FC. The property features a 243-foot frontage and a total lot size of 37,461.6 square feet (as calculated from provided lot size and frontage). The asking price is $3,000,000. Interested parties must sign a non-disclosure agreement (NDA) and provide proof of funds. Detailed building and real estate information is available in associated documents. This is a rare chance to own a thriving, long-standing business with significant assets. The property's location at 368 Central Avenue, Albany, NY 12206, offers excellent visibility and accessibility. The APN is 010100 65.54 -1-18.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,392,000
      Market price range: $856k - $3.72M
      AI Estimate
      $1,062,000
      Market price range: $481k - $2.12M

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


    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7749
    Latitude
    42.6663
    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
    $235,700
    $248,500
    $484,200
    -
    $332,769
    $350,840
    $683,609
    View Listing
    More about this property
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