Listed by Hanna Commercial Real Estate
$1,800,000
337 Central Avenue and 114 Quail St
Details
Property Type Retail
Sub Type Commercial
Square Footage 1
Cap Rate 9.00%
Price per SqFt $1,800,000
Retail | 9.00% CAP | 1 SqFt
Marketing description
Albany Commercial Investment Property consisting of a well run 16 room SRO and additional income from a 3-bedroom apartment, leased bar, 5 commercial retail units. Sale includes a vacant lot.
Investment highlights
- At the corner of Central Avenue and Quail Street
- Across from WAMC
- Building has restored facade
- SRO has updated electric service and mechanicals
- SRO with excellent reputation, beautiful bar with established tenant and 5 leased commercial retail units
- Property is well maintained
- Vacant lot for future use
- CDTA Bus Stop at Building
- Close to Interstate I 787 & NYS Thruway
Listing Contacts
Listed by Hanna Commercial Real Estate
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