$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
Original List Price: 419900
List Price/SqFt: 119.63
List Price/Acres: 13996666.67
Status: Active
Property Sub Type: Mixed Use
List Price: $419,900
Listing Contract Date: 2026-06-19
Current Price: $419,900
Location
City/Town (Mail): Albany
Cross Street: Ontario St
Street Number: 407
Street Name: Central
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
Geo Lat: 42.667633
Geo Lon: -73.774455
Property Detail
Year Established: 1890
Stories: 3
Number Of Buildings: 1
Parking Y/N: Yes
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
Year Built: 1890
Bathrooms Total: 2.5
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 010100 65.46-1-44
Tax Annual Amount: 7091
Tax Section: 65.46
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 44.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: On Central Ave/NY-5 at corner of Ontario St
Public Remarks: 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.
Sewer
Public Sewer: 1
Association Amenities
None: 1
Current Use
Apartment Plus: 1
Mixed Use: 1
Retail: 1
Architectural Style
Apartments: 1
Mixed Use: 1
Retail: 1
Electric
200+ Amp Service: 1
Circuit Breakers: 1
Financial Details
Tax Assessed Value: 278000
General Taxes: 7091
General Taxes Description: Estimated
Seller Financing: Yes
Seller Financing Description: cash, conv
Cooling
Window Unit(s): 1
Listing Terms
Cash: 1
Other: 1
Basement
Full: 1
Lot Features
Corner Lot: 1
Level: 1
Road Frontage: 1
Construction Materials
Brick: 1
Door Features
ENERGY STAR Qualified Doors: 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Business Type
Mixed: 1
Exterior Features
None: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Showing Requirements
Call Owner: 1
Lockbox: 1
No Sign: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Rubber: 1
Water Source
Public: 1
Heating
Baseboard: 1
Forced Air: 1
Natural Gas: 1
Interior Features
Built-in Features: 1
High Speed Internet: 1
Other Equipment
None: 1
Parking Features
Parking Total: 0
Off Street: 1
On Street: 1
Possible Use
Apartment Plus: 1
Office/Retail: 1
Retail: 1
Multi-Family: 1
Sale Includes
Building & Land: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
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
