1032 Central Avenue, Albany, NY, 12205
About This Home
Prime mixed-use opportunity on Central Ave with outstanding visibility and access located just 2 minutes from the Everett Rd exit. Currently configured with gleaming professional office space on the first floor and a charming, well-maintained apartment above, this property offers immediate functionality with strong upside for investors or owner-occupants. The flexible layout supports multiple income streams and future repositioning in a high traffic corridor. Featuring approximately 15 on-site parking spaces this is a rare chance to secure a highly accessible, high-potential asset in a high traffic corridor. Apartment and commercial space will be vacant upon closing. Don't miss this opportunity!
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1932
Materials
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: Second
Features
- Built-in Features,Eat-in Kitchen
- Finished area below ground: 0
- Finished area above ground: 1,721
Full Bathroom
- Level: Second
Heating & Cooling
- Heating features: Hot Water
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 1,721
- Total interior livable area: 1,721 sqft
Kitchen
- Level: First
Kitchen
- Level: Second
Living Room
- Level: First
Office
- Level: First
Office
- Level: First
Office
- Level: First
Property
Details
- Parcel number: 010100 53.66240
- Zoning description: Commercial
- Special condition: Standard
Lot
- Lot size: 0.31 Acres
- Features: Level
Parking
- Total spaces: 15
- Parking features: Off Street,Paved,Detached,Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Albany County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,401 | $28,812 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $672 | $8,064 |
| Electricity | $284 | $3,412 |
| Total | $3,513 | $42,156 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Listed for sale | $475,000 |
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