181 Central Avenue

Albany, NY 12206

$375,000
Price
4
Beds
1
Bath
3,216 Sq. Ft.
$117 / Sq. Ft.
3,216
Sq. Ft.
$117
per Sq. Ft.

Description

Incredible chance to own a versatile mixed-use building in the heart of Albany's bustling retail hub! Welcome to 181 Central Avenue - featuring a spacious 4-bedroom apartment on the top floor (occupied) and ground-level retail space on ground level (occupied). Formerly a beauty salon, the retail area boasts impressive 20ft ceilings, opening doors to various potential uses. Property is a cash-cow with the upstairs rented for $1,600 and the retail space rented at $2,000. Don't miss out on the chance...Incredible chance to own a versatile mixed-use building in the heart of Albany's bustling retail hub! Welcome to 181 Central Avenue - featuring a spacious 4-bedroom apartment on the top floor (occupied) and ground-level retail space on ground level (occupied). Formerly a beauty salon, the retail area boasts impressive 20ft ceilings, opening doors to various potential uses. Property is a cash-cow with the upstairs rented for $1,600 and the retail space rented at $2,000. Don't miss out on the chance to bolster your portfolio significantly with these properties.
  1. Listed by Samantha M Curry • New Scotland Realty
  2. Listed by Brendan Dal Col • New Scotland Realty

Property Details for 181 Central Avenue

Architectural Style
Traditional
Waterfront
No

Location

Listing Courtesy of New Scotland Realty
Add your commute
LISTING UPDATED: 04/25/2024 05:10 PM

Property Details for 181 Central Avenue

StatusActive
MLS #202413380
Days on Market55
Taxes$5,081 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1930
Lot Size0.05 AC / 2,178 SF
CountyAlbany County

Location

Listing Courtesy of New Scotland Realty
Add your commute

Building Information for 181 Central Avenue

Stories-Residences-Year Built1930Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$2,470 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$423

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 181 Central Avenue

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Take I-787 south. Merge onto US-9 south via exit 3B toward Rensselaer. Continue on US-9 and turn right onto Central Ave. 181 Central Ave will be on your left.
  • City: Albany
  • State Or Province: NY
  • Postal Code: 12206
  • County Or Parish: Albany
  • Latitude: 42.66
  • Longitude: -73.77
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 58.001
  • Tax Block: 5
  • Parcel Number: 010100 65.63-5-58.1
  • Tax Tract: 65.63
  • Tax Annual Amount: $5,080.95
Parking
  • GarageSpaces: .00
School Information
  • School District: Albany
  • High School: Albany
Property
Property and Assessments
  • Possession: At Closing
  • Documents Available: LNF, Floor Plan
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Year Built: 1930
  • Above Grade Finished Area: 3216.0
  • Above Grade Finished Area Source: CRS
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2178.0
Building Information
  • Living Area: 3216.0
Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Heating: Forced Air, Radiant, Natural Gas
  • Basement: Full, Unfinished
  • Construction Materials: Brick
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 1
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Notational: 1.00
  • Bedrooms Total: 4
  • Bathrooms Full: 1
  • Bathrooms Half: 0
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
Unit 2
  • Rent: $1,600.00
  • Unit Detail : Total Bedrooms: 4
  • Unit Detail : Bedrooms on 2nd Floor: 4
  • Unit Detail : Total Full Baths: 1
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1
  • Unit Detail : Living Rooms 2nd Floor: 1

Property History for 181 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 181 Central Avenue

Taxable ValueLand$21,200Additions$102,200Total$123,400
Home Facts
Total Finished SqFt3,216 SqFtAbove Grade Finished SqFt3,216 SqFtUnfinished Basement SqFt1,296 SqFtStories2Lot Size2,000 SqFtStyleOffice BuildingYear Built1930ZoningC3CountyALBANYAPN010100 65.63-5-58.1

Schools near 181 Central Avenue

This home is within Albany City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Sheridan Preparatory Academy
PublicPK to 5

Stephen And Harriet Myers Middle School
Public6 to 8

Albany High School
Public9 to 12

Edmund J O'neal Middle Of Excellence
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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181 Central Avenue is a multi-family home for sale in Albany, NY 12206. This property was listed for sale on March 12, 2024 by New Scotland Realty, it's currently listed at $375,000. It has been on the market for a total of 55 days and was last sold on May 22, 2020. This listing's school district is Albany City School District. Nearby schools include Sheridan Preparatory Academy, Stephen And Harriet Myers Middle School and Albany High School. 181 Central Avenue is a 4-bed, 1-bath, 3,216 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Scotland Realty

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