Investment Overview

Originally constructed in 1900, 4 Central Ave has been thoughtfully repurposed from an office building into a modern, mixed-use property featuring 36 one-bedroom apartments and ground-floor retail space along Central Ave. Each apartment has been upgraded with a full stainless steel kitchen appliance package, granite or quartz countertops, and in-unit washers and dryers. Additionally, tenants enjoy access to a lower-level lounge and convenient on-site parking available on Sherman Street, further enhancing the property’s appeal and accessibility. Lofts at Washington Park is a well-maintained asset that has benefited from continued stability and growth in the Capital District. Located in downtown Albany, the Lofts at Washington Park offers unparalleled proximity to major employers, top educational institutions, and recreational amenities. The property is just minutes from New York State government offices, Albany Medical Center, and corporate headquarters, providing convenient access for working professionals. Nearby universities, including SUNY Albany, and Albany Law School, ensure strong demand from students and faculty. Residents also enjoy easy access to local parks and green spaces, creating a balanced urban lifestyle that combines work, study, and recreation.