12 1/2 Delaware Avenue

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12 1/2 Delaware Avenue

Albany, NY 12210
Asking Price
$575K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property located in Albany, New York
  • Total building footprint measures 3,654 square feet
  • Asset listed for sale at 575,000 dollars
  • Situated at the 12 1/2 Delaware Avenue address
  • Positioned within an established local commercial corridor

What's Special

Albany serves as the political and economic core of New York's Capital Region, providing a dense customer base supported by state government operations and a growing educational sector. Situated at 12 1/2 Delaware Avenue, this 3,654-square-foot retail storefront sits within an established commercial corridor of the city. The property benefits from the surrounding urban density and accessibility typical of Albany's historic neighborhoods. Given its storefront configuration and sizing, the building is well-positioned for traditional retail operations, boutique showroom space, or potential conversion to service-oriented business use. The property offers a distinct physical presence in a central municipal district, catering to investors or owner-users looking to secure a footprint in this primary market. The layout supports flexible interior programming to accommodate various retail business models requiring high visibility in a high-traffic area of the state capital.

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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.786
Annual Cash Flow
$45,862.565

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