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Property summary
A downtown ground-level storefront containing approximately 500± square feet of versatile commercial space, suited to a range of permitted uses. The unit includes a built-in commercial kitchen hood, grease trap, and a private restroom, offering existing infrastructure that supports food-service uses while remaining adaptable for non-restaurant operations. The storefront is positioned directly across from Tricentennial Park, providing direct street-facing presence and pedestrian activity nearby. The space is configured under a modified gross arrangement in which the landlord covers property taxes, building insurance, water/sewer, trash, and exterior maintenance, while the tenant is responsible for utilities and interior business-related expenses such as electric, gas, and internet. Prior business equipment, furniture, inventory, and personal property would be removed before any new occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Advertising Agency Marketing & Advertising
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Albany market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Albany, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in Albany, NY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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