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Don't miss this incredible value add opportunity! This Mid-Town Albany property is a 3,724 +/- square foot, three story mixed-use building ideally located with frontage on Washington Ave and Ontario St. in the cityof Albany. This busy intersection benefits the ground floor retail unit, and close proximity to bus line, schools, shopping, hospitals and major employers are a major plus for the residential tenants. The building consists of 1,000 +/- square foot retail space on the first floor with a long term tenants that has been in the building for over 10 years and just signed a new 2 year lease. The second and third floors are three bedroom apartments and are intentionally vacant to allow for renovations and there is also a small parking area for one car in the rear of the property.

Property Details of 555 Washington Avenue

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Listed by John M Bevilacqua of The Property Shop
 "Based on information submitted to NY_GCAR_FLEX as of December 6, 2022 1:09 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."
 
 

 

 

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