662 Central Avenue, Albany, NY 12206

Property Description

Two adjacent buildings, one Central Avenue opportunity. 662 Central Avenue is a three story mixed use building on Albany's primary commercial artery, with more than 24,000 vehicles passing daily and CDTA's busiest transit line at the door. The ground floor is the longtime home of Caffe Italia Ristorante, one of the corridor's best known restaurant addresses. With most equipment removed, it is a clean slate for the next restaurant or retail concept. Two one bedroom apartments above provide residential income. Offered together with the adjacent two family at 664 Central Avenue, the package combines four apartments and ground floor commercial space on side by side parcels in a dense, walkable neighborhood. A rare value add assemblage for an experienced investor.