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Jill A. Lehmann
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(607) 267-0313 Cell
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337 Central Avenue, Albany, NY 12206

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New - 43 Hours Ago

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$1,650,000 Active
3,696 Sq Ft 0.04 Acres
Days on Site 1 Year Built 1900 School Albany MLS #202623796
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Property Description

Commercial portfolio at 10% CAP RATE consisting of 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot. Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street. Signed NDA and Proof of Funds required. See associated docs for property factsheet.

337 Central Avenue | MLS# 202623796

This commercial property located at 337 Central Avenue, Albany, NY 12206 is currently listed for sale with an asking price of $1,650,000. Central Avenue is located within the Albany school district. Search Albany real estate on jill-ogden.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Retail
Basement: Yes
Basement: Unfinished
Cooling: Central Air
Heating: Forced Air, Hot Water, Steam
Home Style: Commercial
Lot Size: 0.04 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $5,080
Year Built: 1900

Feature Descriptions

Current Use: Apartment Plus, Boarding House, Retail
Days on Site: 1
Exterior: Brick
Flooring: Tile, Hardwood
Lot Dimensions: 23 x 180 x 23
Parcel #: 010100 65.54-5-67
Parking: On Street
Parking Total: 0
Security: Closed Circuit Camera(s)
Sewer: Public Sewer
SQFT Building Total: 3696
Water: Public

Local Schools

High School: Albany
Elementary School: Philip J. Schuyler Achievement
School District: Albany
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337 Central Avenue, Albany, NY 12206

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Listed By / Shown By

Listing By

Agency Name: Hanna Commercial
Agency Phone: 1 518-458-7000

Shown By

Agent Name: Jill A. Lehmann
Agent Phone: (607) 267-0313 Cell
Agency Title: Timberland Properties

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Jill A. Lehmann
Jill A. Lehmann Associate Real Estate Broker Cell: (607) 267-0313 Office: (607) 746-7400 Email Me
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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/14/2026. The listing information on this page last changed on 08/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/14/2026 12:03:20 AM EST) or Global MLS (last updated Thu 08/13/2026 11:52:39 PM EST) or New York State Alliance MLS (last updated Thu 08/13/2026 11:59:14 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 08/14/2026 12:01:23 AM EST) or OneKey MLS (last updated Fri 08/14/2026 12:00:36 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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