1118 Broadway new

Albany,NY 12204

$ 299000

- Bed

0 Bath

3106 SqFt


Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,106 sqft

Price per Sqft $96

MLS Listing ID 202529723

Year Built 1940

Annual Tax Amount $6,526

Lot Size 6,100 Sqft

Property Sub-Type Mixed Use

Property Description

Prime redevelopment opportunity in Albany's fast-growing Warehouse District. Directly across from National Grid's Albany HQ and steps from Druthers Brewing Company, this +/-3,106 SF two-story brick building offers a former bar on the first floor and potential for two residential apartments above. Includes two adjoining parcels totaling +/-0.19 acres with 100' of frontage on Broadway and a paved, fenced 12-car parking lot. Constructed in 1940, the building needs work but presents strong value-add potential. MU-NC zoning allows many uses including multifamily, retail, restaurant, and office. Municipal water and sewer. Annual taxes $6,526.98. Traffic counts: 4,655 AADT on Broadway with additional visibility from I-90 at 101,791 AADT. 1118 Broadway (Tax ID 65.44-3-12) & 2 Genessee St (Tax ID 65.44-3-8)

Location

State NY

County Albany

Zoning Mixed

Interior

Heating Forced Air,Natural Gas

Inclusions Building & Land

Exterior

Parking Features Paved

Roof Type Rubber

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Albany

Others

Special Listing Condition Standard

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