22 Clinton Ave - Office/Residential FOR SALE


Albany, NY 12207
$2,290,000 USD
518-337-3705
22 Clinton Ave, Albany, NY for Sale
$2,290,000 USD
Office/Residential - FOR SALE
1/55
null | Request Cap Rate

22 Clinton Ave
Albany, NY 12207


HIGHLIGHTS

  • Spectacular Location in ther Heart of Downtown Albany
  • On-site Parking for 18 Vehicles
  • Excellent Condition with No Deferred Maintenance

OVERVIEW

Recently renovated class A mixed-use office / retail building located in the heart of Downtown Albany directly across from The Palace Theater. +/-16,966 SF on +/-0.21 acres. Two parcels: 22 and 24 Clinton Ave. Three stories plus finished basement. First floor restaurant space was former home of The Brown Derby with restaurant infrastructure in place. Upper two floors consist of recently renovated Class A office space currently owner occupied by a law firm. (18) on-site surface parking spaces. Passenger elevator. ADA Accessible. Building is in excellent condition and very well maintained. Also available For Lease at $24.00 PSF modified gross plus utilities and janitorial.

FOR SALE DETAILS

PRICE

$2,290,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Office / Restaurant Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MU-DT

APN/PARCEL ID

010100-076-026-0001-027-000-0000

ASK ABOUT THIS PROPERTY

Rudy LynchCarrow Real Estate ServicesMore Info
518-337-3705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rudy LynchCarrow Real Estate ServicesMore Info
518-337-3705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.