Pending

Price cut: $50K (6/3)

$299,000

1147 Central Avenue, Colonie, NY 12205

4beds

0baths

2,119sqft

Duplex, Multi Family

Built in 1910

-- sqft lot

$288,700 Zestimate^®

$141/sqft

$-- HOA

What's special

This is a two-family mixed-use property, combining both commercial and residential spaces. On the first floor, you will find a smoke shop, complete with one room, kitchen, a full bathroom and a half bathroom. The second floor houses a well-established fabric shop, along with three bedrooms, a kitchen, and a full bathroom and anther half bathroom. Downstairs pay 1200 and upstairs pay 850 month to month. Each unit is thoughtfully designed, offering separate utilities so tenants pay for their own usage. Additionally, there is a large parking lot at front and back with space for 8-10 vehicles. This property is ideal for investors or business owners who want to live in one unit while running their business or renting out the other. Can be sold as package with 1131 Central Ave

70 days

693

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 0

Heating

Baseboard

Cooling

None

Features

Flooring: Laminate
Basement: Full
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Total structure area: 2,119
Total interior livable area: 2,119 sqft
Finished area above ground: 2,119
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 1

Features

Exterior features: None

Lot

Size: 6,969 Square Feet
Features: Level

Details

Parcel number: 012689 53.1127
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Roof: Asphalt

Condition

Year built: 1910

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Albany

Financial & listing details

Price per square foot: $141/sqft
Tax assessed value: $243,700
Annual tax amount: $5,113
Date on market: 5/13/2026

Estimated market value

$288,700

$274,000 - $303,000

$1,999/mo

Price history

Date	Event	Price
7/8/2026	Pending sale	$299,000$141/sqft
Source: Global MLS #202617014 Report a problem
6/3/2026	Price change	$299,000-14.3%$141/sqft
Source: Global MLS #202617014 Report a problem
5/15/2026	Price change	$349,000+16.7%$165/sqft
Source: Global MLS #202617014 Report a problem
5/13/2026	Listed for sale	$299,000+126.5%$141/sqft
Source: Global MLS #202617014 Report a problem
9/22/2006	Sold	$132,000+20%$62/sqft
Source: Public Record Report a problem
8/27/2004	Sold	$110,000$52/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$106,500
2024	--	$106,500
2023	--	$106,500
2022	--	$106,500
2021	--	$106,500
2020	--	$106,500
2019	--	$106,500
2018	--	$106,500
2017	--	$106,500
2016	--	$106,500
2015	--	$106,500
2014	--	$106,500

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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