$419,900
Albany, NY 12206
MLS# 202620096
2.5 baths | 3510 sqft
1 / 2
Property Description
407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Mixed Use
Original List Price: 419900
List Price: $419,900
Listing Contract Date: 2026-06-19
Current Price: $419,900
List Price/SqFt: 119.63
List Price/Acres: 13996666.67
Location
Street Number: 407
Street Name: Central
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Cross Street: Ontario St
Geo Lat: 42.667633
Geo Lon: -73.774455
Property Detail
Year Built: 1890
Year Established: 1890
Stories: 3
Number Of Buildings: 1
Bathrooms Total: 2.5
Lot Size Square Feet: 1344
Zoning: Mixed
Lot Size Dimensions: 27x50x28x50
Lot Size Acres: 0.03
Building Area Total: 3510
Main Road Frontage: 28
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Parking Y/N: Yes
Financial Details
Tax Assessed Value: 278000
General Taxes: 7091
General Taxes Description: Estimated
Seller Financing: Yes
Seller Financing Description: cash, conv
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Status Change Info
Status Change Date: 2026-06-19
Property Features
Architectural Style: Apartments; Mixed Use; Retail
Association Amenities: None
Basement: Full
Construction Materials: Brick
Cooling: Window Unit(s)
Current Use: Apartment Plus; Mixed Use; Retail
Business Type: Mixed
Door Features: ENERGY STAR Qualified Doors
Electric: 200+ Amp Service; Circuit Breakers
Exterior Features: None
Flooring: Ceramic Tile; Laminate
Heating: Baseboard; Forced Air; Natural Gas
Interior Features: Built-in Features; High Speed Internet
Listing Terms: Cash; Other
Lot Features: Corner Lot; Level; Road Frontage
Other Equipment: None
Parking Features: Off Street; On Street
Possession: At Closing
Possible Use: Apartment Plus; Office/Retail; Retail; Multi-Family
Roof: Flat; Rubber
Sale Includes: Building & Land
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Owner; Lockbox; No Sign
Special Listing Conditions: Standard
Water Source: Public
Agency Disclosure 
Listing Courtesy of Realmart Realty LLC
Listing Agent: Qizhan J Yao
732-727-2285 | NYADMIN@RealmartRealty.com
732-727-2285 | NYADMIN@RealmartRealty.com
