1979 Central AveAlbany, NY 12205

For Sale
$1,850,000

±46,000 SF School, 7.3 Acres

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional ±45,900 square foot, two-story school building presents a unique investment opportunity. Situated on a substantial 7.3-acre lot, this property boasts significant frontage along Central Avenue (approximately 1536 feet) and Culver Avenue (approximately 682 feet), offering unparalleled visibility. The property's prime location on the busy Central Avenue commercial corridor, between Albany and Schenectady, ensures high traffic exposure. A New York State traffic count reveals an impressive 11,711 AADT. The building, constructed in phases (1935, 1952, 1964, and 1974), underwent renovations in 2018. Zoned COR (Commercial Office Residential), this versatile property offers considerable potential for redevelopment or repurposing. The asking price is $1,850,000, translating to $40.31 per square foot. The Albany County location, with a 12205 zip code, provides easy access to major transportation routes and a thriving community. This substantial property offers a rare chance to acquire a large-scale building with significant street frontage in a high-traffic area. The property's size and zoning flexibility make it ideal for a variety of commercial ventures.

Highlights

  • High-traffic Central Avenue location between Albany and Schenectady.
  • Excellent street visibility.
  • 536 feet of Central Avenue frontage.
  • 682 feet of Culver Avenue frontage.
  • High traffic counts (11,711 AADT).
  • Multi-phased construction (1935, 1952, 1964, 1974) with recent renovations (2018).

Property Details for 1979 Central Ave

Property type
Other specialty properties, Schools
Square Feet
45,900 SF
Year Renovated
2018
Stories
2
Lot Size (sq. ft)
317,988 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.7434546
Longitude
-73.8610991
1979 Central Ave, Albany, New York

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1979 Central Ave
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