# 662 Central Avenue, Albany, NY 12206

> **TL;DR:** 0bd/3ba commercial, $324,000 ($109/sqft), built 1975, 2,968 sqft.
> A/C. Est. $1,733/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $324,000 |
| Price/sqft | $109 |
| Bathrooms | 3 full |
| Square Feet | 2,968 |
| Year Built | 1975 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,638 |
| Estimated Insurance | $95 |
| **Total** | **$1,733** |

## Nearby Schools

- **High:** Albany

## Key Amenities

- A/C

## Property Highlights

- Built in 1975
- 0.05 acre lot

## Description

### Agent Description
Two adjacent buildings, one Central Avenue opportunity. 662 Central Avenue is a three story mixed use building on Albany's primary commercial artery, with more than 24,000 vehicles passing daily and CDTA's busiest transit line at the door. The ground floor is the longtime home of Caffe Italia Ristorante, one of the corridor's best known restaurant addresses. With most equipment removed, it is a clean slate for the next restaurant or retail concept. Two one bedroom apartments above provide residential income. Offered together with the adjacent two family at 664 Central Avenue, the package combines four apartments and ground floor commercial space on side by side parcels in a dense, walkable neighborhood. A rare value add assemblage for an experienced investor.

## Location

- **Address:** 662 Central Avenue, Albany, NY 12206
- **County:** Albany
- **Coordinates:** 42.674368, -73.783977
- **Google Maps:** https://www.google.com/maps?q=42.674368,-73.783977

## Listing Agent

- **Name:** Philip Sabatino · **License:** 10401299525
- **Brokerage:** Howard Hanna Real Estate Services
- **Broker Phone:** (518) 348-7100

## Photos

![662 Central Avenue - Photo 1](http://lh.rdcpix.com/d20c1f770abf69aa7ec847e040b3c3f2l-f3459650899r.jpg)

![662 Central Avenue - Photo 2](http://lh.rdcpix.com/d20c1f770abf69aa7ec847e040b3c3f2l-f3511873301r.jpg)

![662 Central Avenue - Photo 3](http://lh.rdcpix.com/d20c1f770abf69aa7ec847e040b3c3f2l-f2754725819r.jpg)

---

**MLS#:** 202629307 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/662-central-avenue-albany-ny-12206-a21ed2f0a7e54a909faf67a2d1c77fda)

---

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