$315,000
Colonie, NY 12205
MLS# 201424194
Status: Closed
3813 sqft

1 / 15
Property Description
<1/2 west of Wolf Road/Colonie Center and 1/4 west of I-87 exit 2 on corner lot sits this Prime Retail 2Sty Brick Building zoned Commercial home to Legacy Landmark Bridal Business, Annette Bridals for over 40 years! New Brick FRONT! Main floor Retail of 1200sf w/5 large Display windows across the front and corner; 1200sf walk-out basement w/ 2-overhead drs and NEW retaining walls; 1200sf 2nd flr 3BR Income Apt. generates $925/mo (rent could be higher). Optional Business not included herewith.
Details
Maps
Contract Information
Original List Price: 339000
Offered Lease/Sqft: 82.61
List Price/SqFt: 88.91
Sold Price/SqFt: 82.61
List Price/Acres: 2118750
Sold Price/Acres: 1968750
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $315,000
Listing Contract Date: 2014-11-23
Current Price: $315,000
Location
City/Town (Mail): Albany
Street Number: 1526
Street Name: CENTRAL
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12205
Geo Lat: 42.713383
Geo Lon: -73.828712
Property Detail
Year Established: 1973
Stories: 3
Business Name: Annette Bridals, Inc
Lot Size Square Feet: 6970
Zoning: Commercial
Lot Size Dimensions: 47.5' x 150'
Lot Size Acres: 0.16
Building Area Total: 3813
Building Available SQFT: 3813
Main Road Frontage: 47
Enhanced Accessible Y/N: No
Year Built: 1949
Parcel, Tax, HOA
Parcel Number: 012601 41.12-5-22
FIPS Code: 36001
Tax Annual Amount: 7000
Tax Section: 41.12
Total Taxes Description: Estimated
Tax Block: 5
Tax Lot: 22
Association Y/N: No
Directions & Remarks
Directions: Corner of Holland Avenue, .25 miles west of I-87 Exit 2.
Public Remarks: <1/2 west of Wolf Road/Colonie Center and 1/4 west of I-87 exit 2 on corner lot sits this Prime Retail 2Sty Brick Building zoned Commercial home to Legacy Landmark Bridal Business, Annette Bridals for over 40 years! New Brick FRONT! Main floor Retail of 1200sf w/5 large Display windows across the front and corner; 1200sf walk-out basement w/ 2-overhead drs and NEW retaining walls; 1200sf 2nd flr 3BR Income Apt. generates $925/mo (rent could be higher). Optional Business not included herewith.
Financial Details
General Taxes: 1514
General Taxes Description: Estimated
School Taxes: 4570
School Taxes Description: Estimated
Village Taxes: 399
Village Taxes Description: Estimated
Seller Financing: No
Cooling
Air Conditioning (Legacy): Yes
Building Detail
Building Ceiling Height: 10
Office Total SQFT: 2542
Office Available SQFT: 2542
Retail Total SQFT: 2542
Retail Available SQFT: 2542
Warehouse Total SQFT: 1271
Warehouse Available SQFT: 1271
At Grade Door #: 2
At Grade Door Description: Basement
Construction Materials
Construction Materials (Legacy): Block
Possession
Possession (Legacy): tba
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Heating
Heat Systems (Legacy): Gas Hot Air
Income And Expenses
Gross Income: 11100
Gross Income Description: See Remarks
Parking Features
Parking Total: 13
Assigned: 1
Private: 1
Possible Use
Apartment Plus: 1
Business: 1
Mixed: 1
Office Plus: 1
Office/Retail: 1
Retail: 1
Other: 1
See Remarks: 1
Status Change Info
Status Change Date: 2015-04-08
Under Contract Date: 2014-12-16
Sold Date: 2015-04-03
Sold Price: $315,000
Property Features
Parking Features: Assigned; Private
Possible Use: Apartment Plus; Business; Mixed; Office Plus; Office/Retail; Retail; Other; See Remarks
Special Listing Conditions: Standard
Listing Courtesy of DeGonza Realty
Listing Agent: Garry DeGonza
518-860-1480 | sr@degonza.com
518-860-1480 | sr@degonza.com

