38 Sheridan AveAlbany, NY 12210

This exceptional 1,318 square foot executive office building is situated in the heart of rapidly developing downtown Albany, New York. The two-story building, constructed of masonry with a rubber roof (approximately 2012), sits on a 0.02-acre lot and benefits from mixed-use downtown zoning (MU-DT), offering diverse potential uses including restaurant, bar, retail, or residential. Its central location places it steps from numerous hotels, restaurants, bars, and entertainment venues, and minutes from the new Albany Skyway elevated park and Hudson Riverfront. The property is surrounded by over 1,000 brand new market-rate apartments, ensuring a vibrant and growing tenant pool. The building features municipal water and sewer, natural gas forced hot air, and central air conditioning. Recent property tax records indicate $1,839.62 for 2022 and $3,105.80 in school taxes for 2021-2022. This presents a unique investment opportunity in a thriving urban environment. The asking price is $295,000.