Deborah Smith Real Estate Team

407 Central Avenue, Albany, NY 12206

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$419,900 Active
3,510 Sq Ft 0.03 Acres
Year Built 1890 School Albany MLS #202620096
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Property Description

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

407 Central Avenue | MLS# 202620096

This commercial property located at 407 Central Avenue, Albany, NY 12206 is currently listed for sale with an asking price of $419,900. Central Avenue is located within the Albany school district. Search Albany real estate on deborah-smith-real-estate-team.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment
Basement: Full
Basement: Yes
Cooling: Window Unit(s)
Heating: Baseboard, Forced Air, Natural Gas
Lot Size: 0.03 Acres
Roof Type: Flat, Rubber
Stories: 3.0
Taxes: $7,091
Year Built: 1890

Feature Descriptions

Association Amenities: None
Current Use: Apartment Plus, Mixed Use, Retail
Doors: ENERGY STAR Qualified Doors
Equipment: None
Exterior: None
Exterior: Brick
Flooring: Ceramic Tile, Laminate
Interior: High Speed Internet, Built-in Features
Lot: Road Frontage, Level, Corner Lot
Lot Dimensions: 27x50x28x50
Parcel #: 010100 65.46-1-44
Parking: Off Street, On Street
Parking Total: 0
Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Sewer: Public Sewer
SQFT Building Total: 3510
Water: Public

Local Schools

High School: Albany
School District: Albany
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407 Central Avenue, Albany, NY 12206

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Preferred Communication Method

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Listed By / Shown By

Listing By

Agency Name: Realmart Realty LLC
Agency Phone: 1 888-362-6543

Shown By

Agent Name: Deborah Smith Real Estate Team
Agent Phone: Primary
Agency Title: Coldwell Banker Prime Properties

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Deborah Smith Real Estate Team

11573 State Route 32, Unit 8B
Greenville, NY 12083
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 5:12:50 AM EST) or Global MLS (last updated Fri 06/19/2026 1:22:31 AM EST) or New York State Alliance MLS (last updated Fri 06/19/2026 2:34:51 AM EST) or Hudson Valley Catskill Region MLS (last updated Fri 06/19/2026 12:11:26 AM EST) or OneKey MLS (last updated Fri 06/19/2026 1:45:34 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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