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114 S Lake Avenue, Albany
$429,900
5 Beds ⋅ 4 Baths ⋅ 202626755 MLS
Timeless Elegance: Late Victorian Townhome Combines Tradition with Today Near Albany's Cherished Washington Park. This handsome 2,893 sq. ft. Late Victorian townhome blends ornate details with modern amenities in the heart of historic downtown Albany. Designed and built by a prominent architect for his own family in 1885, it impresses from the covered front porch with original door through the stunning grand foyer and throughout its three levels of living space each highlighted with period craftsmanship. Period details include: dramatic foyer with statement staircase, mahogany wainscot walls, coffered ceiling, and trim, decorative leaded window, transom windows above all bedrooms doors, three striking fireplaces, hardwood floors, and more. Beyond the character, it also offers Andersen replacement windows throughout, an updated boiler, an elegant tiled modern ensuite bathroom, refinished hardwood flooring and hand-restored intricate millwork. Maintained by one family since 1980, it stands proudly on a corner lot with a spacious backyard just steps from the popular Washington Park, Albany Med, SUNY downtown campus, Albany College of Pharmacy, Albany Law School as well as cultural, retail, entertainment and dining highlights.

114 S Lake Avenue, Albany

531 Western Avenue, Albany
$599,900
202626753 MLS
This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue, Albany

531 Western Avenue, Albany
$599,900
10 Beds ⋅ 10 Baths ⋅ 202626752 MLS
This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue, Albany

329 N Pearl Street, Albany
$750,000
202626636 MLS
Introducing 329 North Pearl Street, a prime income-generating, 1.5-acre parcel in downtown Albany's Central Business District, currently leased to Capital Repertory Theatre (theREP) for use as a parking lot. The property is being offered at a price significantly below its most recent assessment, with further development potential awaiting a new owner. With C-3 zoning, the city's broadest commercial designation, the site could support a range of development including large-scale retail, professional offices, hotel, and restaurant. The location is one of its strongest assets. The site sits directly across the street from a midsize residential development, in a growing mixed-use pocket of downtown that blends cultural destinations, established businesses, and new residential construction, a combination that makes this a prime opportunity in the heart of Albany. •1.5 acres in downtown Albany's C-3 Central Business District, fronting North Pearl Street •Currently leased to Capital Repertory Theatre (theREP) for use as a parking lot, generating monthly income •Lease expires 2035 •451 feet of frontage along North Pearl Street •282 feet of frontage along Colonie Street •C-3 (Central Business District) zoning, Albany's widest commercial-use designation •Paved, 44-space surface parking lot on the developed portion of the site, with the balance held as wooded, undeveloped land. •Direct access to I-787 and Route 9 via the Clinton Avenue and Livingston Avenue exits; CDTA bus routes and Albany-Rensselaer Amtrak station nearby •Rezoned from C-1 to C-3 by the City of Albany in 2002

329 N Pearl Street, Albany

352 State Street Unit 3D, Albany
$225,000
3 Beds ⋅ 2 Baths ⋅ 202626581 MLS
Welcome to Unit 3D at the Capital Hill Condominiums, a distinctive historic residence in the heart of Albany's Center Square neighborhood. Built in 1900, this impressive brick Renaissance Revival building was developed by renowned regional architect and developer Morris Ryder, giving the property a unique sense of history and architectural character. Inside, classic character meets modern convenience. The residence features a stylish modern kitchen, dining room, full bath and inviting living room with direct access to the balcony. Three bedrooms, one en-suite, provide flexibility for guests, a home office, or additional living space. Hardwood floors throughout add warmth and timeless appeal. The location puts you in the center of Albany's vibrant Capital Hill and Center Square neighborhoods, within easy reach of the New York State Capitol, Empire State Plaza, Washington Park, downtown Albany, restaurants, cafés, shops, galleries, museums, theaters, and local festivals. Many of the city's attractions are within close proximity, while convenient access to major roadways and public transportation makes getting around the Capital Region simple. A rare opportunity to own a piece of Albany history while enjoying the comfort and convenience of modern condominium living. Unit 3D offers character, space, and an exceptional city location--all within the iconic Capital Hill Condominium building.

352 State Street Unit 3D, Albany

103 Ten Broeck Street, Albany
$474,900
4 Beds ⋅ 4 Baths ⋅ 202626539 MLS
Well cared for 1871 brownstone in the Ten Broeck Triangle with four updated one bedroom, one bath apartments, all occupied and cash flowing. The brown stone exterior and tall ceilings in every unit keep the period character, while each apartment has new flooring, fresh paint, new kitchen cabinets and countertops with matching appliances (stainless steel in some units, white in others), and an updated bathroom. Layouts are roomy. The largest bedroom is 12 by 19 feet, one apartment has a walk-in closet, and the second floor living room is nearly 19 feet long. Two of the four units have in-unit laundry, and the first floor unit has central air. Heat is forced hot air, with baseboard heat added in some units. Each apartment has its own gas and electric meters, paid by the tenant. The lower level has a laundry room with potential for coin operated machines, plus additional utility space. Out back, there is room for a small patio where some ivy and a few plants could make a quiet retreat for tenants. The location puts you close to shops and nightlife on South Pearl and State Streets. An owner occupant can live in one unit and rent the other three. Investors will find a building that currently cash flows and supports DSCR financing. Residential Occupancy Permits are available for each unit, and a recent full inspection report is ready for buyers to review.

103 Ten Broeck Street, Albany

556 Washington Avenue, Albany
$349,900
8 Beds ⋅ 2 Baths ⋅ 202626450 MLS
INVESTOR ALERT! FULLY RENTED 2-FAMILY - INCOME FROM DAY ONE! An excellent opportunity to add a fully occupied, income-producing property to your investment portfolio! This spacious Albany duplex offers two 4-bedroom, 1-bath units, providing a total of 8 bedrooms and strong rental potential. The first-floor unit features updated flooring and fresh paint. Additional improvements include new siding on one side, concrete paving around the property, an upgraded sump pump system with an additional backyard pump, and a basement laundry area. Conveniently located on Washington Avenue near universities, shopping, restaurants, and major transportation routes. Both units are rented, offering immediate rental income without the initial vacancy period. Whether you're expanding your portfolio or purchasing your first investment property, this is an opportunity worth exploring.

556 Washington Avenue, Albany

4 View Avenue, Albany
$425,000
5 Beds ⋅ 3 Baths ⋅ 202626375 MLS
With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Some asbestos is present and will require appropriate evaluation and handling. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

4 View Avenue, Albany

306 1st Street, Albany
$149,000
4 Beds ⋅ 3 Baths ⋅ 202626176 MLS
Opportunity knocks with this solid, 4 BR, 2.5 bath brick home on 1st St in Albany - Priced right and ready for its new owner to bring their personal touches and make it their own. Held by the same family for the past 26 years, the property features spacious rooms and a flexible layout, original moldings, hardwood floors, and built-ins. Laundry closet on 1st floor. The basement was once a garden apartment - perfect for future multifamily conversions or in-law suite with local permits. Fenced yard and covered back porch. The home is ready for a fresh coat of paint and minor fixes, but the major big-ticket items are already done, including a new roof and replacement windows (4 years old) and a brand new furnace (just 2 years old). Perfect for the 1st time home buyer or savvy investor. Schedule your showing today!

306 1st Street, Albany

118 Jefferson Street, Albany
$325,645
2 Beds ⋅ 2 Baths ⋅ 202626071 MLS
This beautifully crafted home is set in the historic district of Albany and was constructed in 1987 as a replica of a civil war townhome. Welcome to downtown living and being close to all the city offers. See the museum and plaza right out your door. Walk to the Empire State plaza, museum, convention Center, The Egg, MVP Arena, The Capitol, bike trail, riverfront, nightlife, restaurants, and so much more. The Albany Corning preserve and bike trail is a 10 minute bike ride. Minutes to 787, I-90, and the thruway making travel easy. The 2 bedroom, 1 and 1/2 bath townhome features beautiful built-ins, hardwood floors, high ceilings, a skylight, roof access, granite counters, a newly constructed patio with fenced yard, gas fireplace, and so much more. New roof (2024), central air (2024), tankless water heater (2024), new patio (2023), windows and siding in rear of house (replaced in 2024). The rooms are all large, spacious, and bright, all with plenty of storage space. Come take a look at this beautiful home today.

118 Jefferson Street, Albany

165 Madison Avenue, Albany
$625,000
3 Baths ⋅ 202626017 MLS
Prime mixed-use investment opportunity in the heart of Downtown Albany! Located at 165 Madison Avenue, Albany, NY, just steps from the New York State Capitol and minutes from MVP Arena, this beautifully renovated 3,272 sq ft brick building offers exceptional visibility and long-term income potential in one of the city's most rapidly revitalizing corridors. Fully renovated in 2022 with high-end finishes, this two-story mixed-use property features a turn-key restaurant space on the first floor with approximately 2,022 sq ft of retail/dining area, complete with a full commercial kitchen, 6-burner stove, commercial exhaust hood, dedicated employee and customer restrooms, dining area with entertainment stage, and both front and rear entrances. Ideal for owner-operators or investors seeking a ready-to-run restaurant, tavern, café, or retail concept. The second floor includes a turn-key 2-bedroom apartment with strong rental potential, estimated at $2,000/month, providing additional income and flexibility for owner occupancy or leasing.Situated in a high-demand downtown corridor near the Capitol district, with major revitalization projects underway in surrounding buildings, this property offers both immediate usability and strong future appreciation potential. Perfect for owner-users, restaurateurs, or mixed-use investors seeking a strategic Albany location with built-in income and strong growth prospects. Financials available with signed NDA. Showings by appointment only with 24-hour notice. Qualified buyers and proof of funds required.

165 Madison Avenue, Albany

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