SQUARE FEET2,208
MLS#202601113
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
664 Central Avenue is a two family building on Albanys primary commercial artery, with more than 24,000 vehicles passing daily and CDTAs busiest transit line at the door. Offered together with the adjacent mixed use building at 662 Central Avenue, the former Caffe Italia Ristorante, it completes a side by side package of four apartments and ground floor commercial space. Both upper floor units need some TLC and the basement requires a complete remodel, giving an experienced investor a clear scope and the ability to set rents at todays market once the work is done. More than 20,900 residents live within one mile. Contiguous parcels on Central Avenue rarely come to market together; this is the opportunity to reposition both at once.
Property Features
Property Type: Commercial - Business
Home Style: Multi Family
Lot Size: 0.05 Acres
Stories: 3.0
Taxes: $3,828
Year Built: 1900
Feature Descriptions
Building Ceiling Height: 10
Current Use: Multi-Family
Days on Site: 2
Electric Phase: 200 Amp Service
General Taxes: 3475.19
Lot Dimensions: 0
Parking: On Street, Public
possible Use: Multi-Family
School Taxes: 3667.46
Sewer: Public Sewer
Sprinklers: No
SQFT Building Available: 2208
SQFT Office Available: 1000
SQFT Retail Available: 1000
Tenant Pays: Electricity, Sewer, Gas, Taxes, Insurance, Trash Collection, Hot Water
Water: Public
Year Established: 1980
Listed By / Shown By
Listing By
Agency Name: Hanna Commercial
Agency Phone: (518) 458-7000
Shown By
Agency Title: Coldwell Banker Commercial Prime Properties, Inc.
Agency Phone: 518-785-9000
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