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1060-1062 Central Ave

40,000 SF Light Industrial Building Albany, NY 12205 £3,862,155 (£97/SF)

Executive Summary

This remarkable 7.1-acre industrial property is a rare find on Central Avenue, offering unparalleled opportunities for various business needs. The expansive site includes 58,240 sq ft of existing office and warehouse space, making it an ideal location for businesses of all types. Take advantage of this unique opportunity to secure a prime piece of industrial real estate in a highly sought-after area. The visibility and accessibility alone make this property a standout choice for any business looking to thrive in a vibrant commercial corridor. ZONED Special Purpose - I-1: Light Industrial

Property Facts

Price £3,862,155
Price Per SF £97
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype Light Distribution
Building Class C
Lot Size 7.10 AC
Rentable Building Area 40,000 SF
Number of Floors 2
Year Built 1947
Tenancy Single
Parking Ratio 1.05/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 2
Level Access Doors 4

Amenities

  • 24 Hour Access
  • Bus Route
  • Courtyard
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-053-000-0001-034-000-0000
Land Assessment
£765,520
Improvements Assessment
£464,526
Total Assessment
£1,230,046

zoning

Zoning Code CM (ZONED Special Purpose - I-1: Light Industrial Some of the Approved Uses Include: Freight Truck Terminal, Heavy Vehicle and equipment sales or rentals,)
CM (ZONED Special Purpose - I-1: Light Industrial Some of the Approved Uses Include: Freight Truck Terminal, Heavy Vehicle and equipment sales or rentals,)
  • Listing ID: 33458941

  • Date on Market: 09/10/2024

  • Last Updated:

  • Address: 1060-1062 Central Ave, Albany, NY 12205

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