1704 Western Avenue

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1704 Western Avenue

Albany, NY 12203
Asking Price
$175K
Asset Type
QSR/Fast Food Retail
Class
Class B

AI Property Summary

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

  • The property is located at 1704 Western Avenue in Albany.
  • This retail site is configured as a quick service restaurant.
  • The asking price for this commercial asset is $175,000.
  • The restaurant comes fully equipped and furnished for immediate operations.
  • The facility is positioned within the active Albany metropolitan market.

What's Special

This retail property at 1704 Western Avenue in Albany, New York is currently available for sale. It represents a functional option for an investor or operator seeking an established quick service restaurant site. The premises come fully equipped and furnished, allowing for a streamlined transition for new business owners looking to enter the local hospitality sector. As Albany serves as a significant hub for government, higher education, and regional commerce, this location benefits from the steady economic activity inherent to the state capital. Well-suited for experienced restaurateurs or entrepreneurs launching a fast food concept, the layout supports efficient operational workflows. The surrounding submarket in Albany features a consistent population base and access to major regional thoroughfares, which are essential for businesses relying on high-frequency customer traffic. This property provides a pragmatic foundation for those aiming to establish a presence within a stable metropolitan area.

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NOI
$80,000
Cap Rate
45.71%
DSCR
7.70
Strong
Cash-on-Cash
132.59%
Monthly Payment
$865.805
Annual Cash Flow
$69,610.346

Location & Travel Times