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662 Central AvenueAlbany, NY 12206Price: $324,000

  • Price: $324,000
  • 1 Day on Market
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Federal 30-year interest rate: 7.24% last updated on Oct 29, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $324,000List Price
  • 3Bathrooms
  • 0.05Acreage
  • 2,968Square Feet
Listed by Philip Sabatino of Hanna Commercial
New Listing
662 Central Avenue Albany NY 12206
662 Central Avenue Albany NY 12206
662 Central Avenue Albany NY 12206
662 Central Avenue Albany NY 12206

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Two adjacent buildings, one Central Avenue opportunity. 662 Central Avenue is a three story mixed use building on Albany's primary commercial artery, with more than 24,000 vehicles passing daily and CDTA's busiest transit line at the door. The ground floor is the longtime home of Caffe Italia Ristorante, one of the corridor's best known restaurant addresses. With most equipment removed, it is a clean slate for the next restaurant or retail concept. Two one bedroom apartments above provide residential income. Offered together with the adjacent two family at 664 Central Avenue, the package combines four apartments and ground floor commercial space on side by side parcels in a dense, walkable neighborhood. A rare value add assemblage for an experienced investor.

Property Details of 662 Central Avenue

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 "Based on information submitted to Global MLS as of October 31, 2026 7:05 AM EDT . 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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