1131 Central Avenue Colonie, NY $ 399,000
1131 Central Avenue
$ 399,000
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1131 Central Avenue

Colonie, NY, 12205
$ 399,000
Bedrooms5 Baths2.1 Sq 1,996

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Colonie, NY

for $399,000 with 5 bedrooms and 2 full baths, 1 half bath. This 1,996 square foot home was built in 1959 on a lot size of 0.18.

This is a mixed-use property with a total of three units. The front of the first floor houses a photography studio, while behind it is a two-bedroom apartment. The second floor features a three-bedroom apartment. All utilities are separately metered, with tenants paying their own share. There is a large parking lot front and back capable of accommodating 10 to 12 vehicles. Additionally it is in a prime location on Central Ave. The photography studio previously operated as a long-standing tailor shop, making it a versatile commercial space. The buyer has the flexibility to use it as an investment property or to run their own business in the commercial space wile living in one of the apartments. Photography pays $1000, FL1 unit pays $1000 and FL2 pays $1000. Can be sold as package with 1147 Central Ave.

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Multi-Family Active

Price

$ 399,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,051

Style

Traditional

Lot Size

0.18

Year Built

1959

Town/City

Colonie

County/Region

Albany

MLS | Web ID

202617012

Features
General
Sewer Public Sewer
Heating Forced Air Space Heater Natural Gas
Cooling None
Possession Rental Agreement
Roof Asphalt
Garage Spaces 0.0
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1959
Property Subtype Triplex
County Albany
New Construction N
Property Type MultiFamily
HOA N
Attached Garage N
Full Baths 2
Status Active
Directions On Central Ave past Osborne Rd property on left.
High School Colonie Central HS
City Colonie
High School District South Colonie
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 7840.8
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5051.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 0
Tax Lot 6.000
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Interior
Basement Full
Flooring Hardwood Laminate
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Above Grade Finished Area 1996.0
Half Baths 1
Total Bedrooms 5
Below Grade Finished Area 0.0
Below Grade Finished Area Source Public Records
Above Grade Finished Area Source Public Records
Total Baths 3
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Exterior
Exterior Amenities None
Fencing None
Parking Features Driveway
Lot Features Level
Water Source Public
Total Parking 12.0
Lot Size Area 0.18
Spa N
Lot Size Acres 0.18
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1131
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* Excluded Features
List By
Jennifer Gao-Bosley

Listing Agent

J & A Capital Realty

Broker

(518) 364-4913

Phone

jennifer.gaobosley@gmail.com

Email

Affordability Calculator

$2,878
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$421
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
853309 Elementary School
853186 Middle School
Colonie Central HS High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$399,000 Listed Price

Map


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1131 Central Avenue, Colonie, NY, 12205 is a Multi-Family Home for sale at $399,000 with 1,996 sqft and a lot size of 0.18. 1131 Central Avenue has 5 bedrooms, 2.1 baths, and was built in 1959. The property's zip code is 12205 which is in Colonie, NY