337 Central Avenue, Albany, NY 12206 (MLS# 202623796)


$1,650,000
337 Central Avenue
Albany, NY 12206
MLS# 202623796
3696 sqft


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Property Description
Commercial portfolio at 10% CAP RATE consisting of 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot. Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street. Signed NDA and Proof of Funds required. See associated docs for property factsheet.

Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Mixed Use
Original List Price: 1650000
List Price: $1,650,000
Listing Contract Date: 2026-08-10
Current Price: $1,650,000
List Price/SqFt: 446.43
List Price/Acres: 41250000
Location
Street Number: 337
Street Name: Central
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Cross Street: Quail
Geo Lat: 42.16738
Geo Lon: -78.694249
Property Detail
Year Built: 1900
Stories: 2
Number Of Buildings: 1
Lot Size Square Feet: 1840
Zoning: Mixed
Lot Size Dimensions: 23 x 180 x 23
Lot Size Acres: 0.04
Building Area Total: 3696
Main Road Frontage: 23
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Parking Y/N: No
Financial Details
General Taxes: 8287
General Taxes Description: Actual
School Taxes: 12380
School Taxes Description: Actual
Building Detail
Fire Sprinkler System Y/N: No
Building Ceiling Height: 9
Office Total SQFT: 100
Office Ceiling Height: 8
Retail Total SQFT: 5155
Photos - the contractual owner of the photos
Photo Owner: Broker
Status Change Info
Status Change Date: 2026-08-12
Property Features
Architectural Style: Bar/Tavern/Lounge; Commercial; Retail
Basement: Unfinished
Construction Materials: Brick
Cooling: Central Air
Current Use: Apartment Plus; Boarding House; Retail
Business Type: Retail
Electric: 200+ Amp Service
Flooring: Hardwood; Tile
Heating: Forced Air; Hot Water; Steam
Parking Features: On Street
Possession: At Closing
Possible Use: Apartment Plus; Boarding House; Retail
Roof: Rubber
Sale Includes: Building & Land
Security Features: Closed Circuit Camera(s)
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent; No Sign
Special Listing Conditions: Standard
Tenant Pays: Other
Water Source: Public

IDX
Listing Courtesy of Hanna Commercial
Listing Agent: Jessica L Richer
518-364-7406 | JessicaRicher@HannaCRE.com
Source MLS Verified

Information deemed reliable but not guaranteed.