Property summary
This exceptional mixed-use property, located at 89 Columbia Street, Unit 89 in Albany, New York, presents a compelling investment opportunity. Situated on a conveniently sized 0.05-acre lot, the property offers significant potential for a variety of uses, capitalizing on its prime Albany location. The asking price is $846,000. While the precise square footage is currently unavailable, the property's mixed-use zoning allows for a flexible approach to development and tenant occupancy. This makes it ideal for entrepreneurs seeking a blend of commercial and residential space, or investors looking for a strong return on investment in a thriving urban setting. Albany's vibrant economy and growing population provide a solid foundation for long-term growth and rental income. The property's address places it within easy reach of local amenities, transportation hubs, and key business districts, enhancing its appeal to both tenants and investors. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal use for this versatile asset. Detailed property information, including square footage and zoning specifics, is readily available upon request. This is a rare opportunity to acquire a mixed-use property in a desirable Albany location at a competitive price. Don't miss out on this chance to secure a valuable piece of Albany real estate.
Property profile
VerifiedCap rate & NOI
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
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
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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.
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