James Q. Collins

1118 Broadway, Albany, NY 12204

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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)

1118 Broadway | MLS# 202529723

This commercial property located at 1118 Broadway, Albany, NY 12204 is currently listed for sale with an asking price of $299,000. Broadway is located within the Albany school district. Search Albany real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Investment
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Forced Air, Natural Gas
Lot Size: 0.19 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $6,526
Year Built: 1940

Feature Descriptions

Current Use: Mixed Use
Days on Site: 105
Exterior: Brick
Lot: Corner Lot
Lot Dimensions: 100'
Parcel #: 010100 65.44-3-12
Parking: Paved
Parking Total: 12
Parking Total: 12
Sewer: Public Sewer
SQFT Building Total: 3106
Water: Public

Local Schools

High School: Albany
School District: Albany

Demographics

Listed By / Shown By

Listing By

Agency Name: Carrow Real Estate Services LLC
Agency Phone: 1 518-462-7491

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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