177 N Allen St

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177 N Allen St

Albany, NY 12206
Asking Price
$310K
Asset Type
Executive Office Retail
Class
Class B

AI Property Summary

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

  • Retail property measuring 3,122 square feet available for sale
  • Current space is configured for executive office use
  • Located within the city limits of Albany, New York
  • Priced at 310,000 dollars for prospective buyers
  • Situated in a well-established urban regional economic hub

What's Special

This retail asset spans 3,122 square feet and is situated at 177 N Allen St in Albany, New York. The property is currently designated as an executive office, providing a versatile layout for various professional service providers or retail operations seeking a presence in the state capital. Albany serves as a significant economic hub for the region, characterized by a steady workforce and consistent commercial activity. The site remains well-positioned to serve the surrounding residential neighborhoods and businesses that comprise this mature urban submarket. Investors and business owners alike will find this space adaptable for traditional office use, boutique retail services, or professional consulting practices. Given the local infrastructure and the prominence of the city as a regional center, the property represents a functional asset for those looking to establish or expand operations within the 12206 zip code. The layout supports efficient floor planning for small to mid-sized teams or client-facing operations requiring a central, accessible location.

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NOI
$80,000
Cap Rate
25.81%
DSCR
4.35
Strong
Cash-on-Cash
66.23%
Monthly Payment
$1,533.711
Annual Cash Flow
$61,595.47

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