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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

79 Ten Broeck Street, Albany
$589,000
6 Beds ⋅ 4 Baths ⋅ 202614261 MLS
PRICE IMPROVEMENT ** Award-Winning 4-Unit in Historic Ten Broeck Triangle** Experience a blend of 19th-century elegance and modern peace of mind at 79 Ten Broeck Street. Originally built in 1872 for James Martin, this stately brick brownstone stands as a testament to Albany's rich architectural history and has been meticulously maintained to the highest standards. **Property Highlights** Proven Quality: Recipient of the *2019 Historic Albany Foundation Preservation Initiative Award* for its comprehensive and thoughtful rehabilitation. Safety & Infrastructure: Fully updated with a complete sprinkler system throughout the building--a rare and valuable safety feature for historic multi-families. Meticulous Interiors: The building is in excellent shape, featuring soaring ceilings, exposed brick walls, and beautifully refinished original wide-plank wood floors that radiate character. Turn-Key Operation: Home to great, reliable tenants who care for their spaces. The property is truly ''plug and play'' for a savvy investor or an owner-occupant looking for a sophisticated urban lifestyle. Investment Potential While the property is currently fully leased and generating steady income, the rents are currently below market value. This provides a clear path for immediate equity growth and increased cash flow through strategic adjustments. Location: The Historic Ten Broeck Triangle Nestled in one of Albany's most charming and historic districts, 79 Ten Broeck is just steps away from: * The vibrant dining and entertainment of Downtown Albany and the Palace Theatre. * Easy commutes to the Capitol, SUNY Albany, and major hospital hubs. Whether you are looking to expand your portfolio with a trophy asset or start your investment journey, this building offers the perfect marriage of historic soul and modern mechanical reliability. Don't miss the chance to own a piece of Albany's history. Contact Craig Cioffi today.

79 Ten Broeck Street, Albany

204 Lancaster Street, Albany
$575,000
2 Beds ⋅ 5 Baths ⋅ 202612819 MLS
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.

204 Lancaster Street, Albany

360 Madison Avenue, Albany
$550,000
10 Beds ⋅ 4 Baths ⋅ 202619760 MLS
Excellent investment opportunity on one of Albany's most desired neighborhoods with monthly rents totaling $5,425. This fully renovated & well-maintained four-unit property features separate utilities, helping minimize owner expenses and maximize cash flow. Located in a strong rental market near Albany's hospitals, colleges, downtown employers, restaurants, and public transportation, the property offers consistent tenant demand and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first multifamily asset, this quadplex provides a solid foundation with multiple income streams and efficient operations. Don't miss the chance to own a turnkey investment property in the heart of Albany. Can be packaged with 211 Quail Street.

360 Madison Avenue, Albany

149 Lancaster Street, Albany
$550,000
3 Beds ⋅ 4 Baths ⋅ 202619080 MLS
Very rare opportunity to own a unique duplex in Albany's highly desirable Center Square neighborhood. Technically comprised of two separately deeded condominiums, 149 Lancaster Street is being offered as a duplex, providing flexibility for investors and owner-occupants alike. The property features spacious living areas, abundant natural light, and the historic character that makes Center Square so sought after. Unit 1 is a massive 1 bedroom/ 1.5 bathroom with an exceptional garden & outdoor space. Unit 2 is equally as grand but with 2 bedrooms/ 1.5 bathrooms and rooftop deck perfect for firework spectating. Both units to be delivered vacant. Located just steps from Washington Park, Lark Street, Albany Medical Center, restaurants, shops, and downtown Albany, this property offers exceptional walkability and strong rental demand. Continue operating as a duplex or explore the benefits of the existing condo structure. A rare chance to own a versatile income-producing property in one of Albany's premier neighborhoods

149 Lancaster Street, Albany

55 Ten Broeck Street, Albany
$549,000
8 Beds ⋅ 6 Baths ⋅ 202622021 MLS
Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

55 Ten Broeck Street, Albany

165 Lancaster Street, Albany
$514,900
4 Beds ⋅ 3 Baths ⋅ 202627496 MLS
***OPEN HOUSE SATURDAY, OCT 24TH 1:30-3:30 PM***Beautifully maintained gilded-style three-story townhome situated along one of Center Square's most coveted blocks. Conveniently accessible to off-street parking garage (directly across the street), Washington Park, Albany Medical Center & St. Peter's Hospital's, SUNY, Albany Law & Pharmaceutical campuses, Lark St corridor, state & legislative institutions, coffee shops, galleries, nightlife and an array of other desirable downtown entities. Spacious and spanning over 2,700+ SQFT across three aesthetically pleasing levels, this unique single-family residence features 3 bedrooms, 2 1/2 baths, modern amenities throughout, a private oasis-like backyard & more. Original details are still adorned throughout such as high ceilings, oversized windows, marble fireplaces, flooring, molding, mirrors, light fixtures, built ins, woodwork & more. Garden level can be used as an in-law suite, home office, creative space - the possibilities are endless. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of downtown Albany. Fun fact, this home was being considered to be featured in HBO's critically acclaimed ''Gilded Age'' series.

165 Lancaster Street, Albany

137 Lancaster Street, Albany
$514,000
4 Beds ⋅ 4 Baths ⋅ 202624599 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated flooring, a rubber roof, newer windows, hot water tanks, and much more. The property has also been freshly painted and offers separate utilities for added ease. Conveniently located in the highly sought-after Center Square, Hudson Park, and Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

137 Lancaster Street, Albany

347 Hudson Avenue, Albany
$499,000
4 Beds ⋅ 3 Baths ⋅ 202624856 MLS
Unique & charming opportunity awaits to own this two-story duplex four-bay-wide 1850's brick row house with double porches of wooden lattice work. Walkable to the Lark St corridor, Washington Park, Albany Medical Center, downtown state & legislative buildings, Albany Law, SUNY, coffee shops, brewery's, galleries, boutiques, shopping, nightlife, restaurants & so much more. Rare very spacious 1,300 + SQFT units which have been recently remodeled. All plumbing & electrical replaced in 2009. On-site laundry room and fenced in yard. Currently a strong producing income property with the potential for more along with separate utilities make for an attractive investment in the heart of the Center Square/Hudson Park neighborhood. Some photos contain virtual staging

347 Hudson Avenue, 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

346 Hudson Avenue, Albany
$460,000
4 Beds ⋅ 3 Baths ⋅ 202628342 MLS
Fantastic opportunity for owner-occupants or investors in the heart of Albany's highly desirable Center Square/Hudson Park neighborhood! Meticulously maintained and filled with charm, this spacious 3-unit property offers incredible income potential with over $4,500/month in projected rental income when fully occupied! Offering immediate owner-occupancy potential with a vacant basement unit, this property is ideal for those looking to live in one unit while generating rental income from the others. Both the basement and second-floor units have been updated, featuring updated kitchens with stainless steel appliances and updated bathrooms. Beautiful hardwood flooring flows throughout the first and second floors, while the basement unit features new tile flooring. Each unit is filled with natural light, charm, and character, creating warm and inviting living spaces. Additional highlights include a new roof, new sewer line, and the convenience of shared basement laundry. Location, location, location! Just minutes from Washington Park, Albany Medical Center, St. Peter's Hospital, SUNY Albany, Lark Street, downtown Albany, state offices, the Capitol, and an abundance of coffee shops, restaurants, art galleries, nightlife, and other desirable downtown attractions. Whether you're looking to expand your investment portfolio or enjoy city living while collecting rental income, this is an opportunity you won't want to miss! Schedule your showing today!

346 Hudson Avenue, Albany

4 Bryn Mawr Court, Albany
$460,000
3 Beds ⋅ 3 Baths ⋅ 202618492 MLS
Experience maintenance free living at this beautifully appointed Bryn Mawr residence. Designed with an open floor plan, the home features soaring ceilings and expansive windows that fill the space with natural light. The eat in kitchen offers granite countertops, a large center island and stainless steel appliances, seamlessly opening to the family room with a gas fireplace. Plus, there is a first floor laundry room. The primary suite provides a comfortable retreat with a private bath featuring a double granite vanity, tiled shower and large walk in closet with built ins. The lower level adds additional storage space, while the back deck and 2 car attached garage enhance everyday convenience. Recent updates include dishwasher and microwave (2026), washer and dryer (2025). Ideally located just minutes to area hospitals, restaurants and shops.

4 Bryn Mawr Court, Albany

85 S Lake Avenue, Albany
$449,000
6 Beds ⋅ 4 Baths ⋅ 202628433 MLS
85 South Lake Ave is a unique two-family duplex rowhouse located in one of Albany's best rental corridors - directly on Washington Park. Each apartment has two floors of living space, three bedrooms and two full bathrooms each. The total living space is 2,639 sq. ft. Both units have been renovated and updated. Major improvements include; new water and sewer lines, plumbing, kitchens, updated electrical, new windows, added insulation, newly painted, new exterior stairs, washer and dryer hook-ups, motion senser lighting, new and updated bathrooms. The main roof and furnace are approximately 10 years old. Front porch and kitchen roof are less than two years old. Each unit includes large rooms and closets, comfortable living spaces, ample natural light and functional layouts. The utilities are not split and have never been a cost or convenience issue. The building is incredibly efficient, being a row house with new insulation and windows. This building is a great turn-key investment opportunity - ready to rent or for owner occupied. Gross annual rental revenue is over $51,000. Both units are currently vacant due to renovation, creating the rare opportunity for the owner to place their own tenants at current market rates to maximize cash flow. The prime location makes renting easy - 98% occupancy rate over the last 30 years. On-street parking is readily available at all hours - most of the row houses have off-street parking. Off-street parking is possible with City of Albany approval.

85 S Lake Avenue, Albany

117 4th Avenue, Albany
$445,900
10 Beds ⋅ 3 Baths ⋅ 202620596 MLS
Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

117 4th Avenue, Albany

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

854 Madison Avenue, Albany
$429,900
3 Baths ⋅ 202613709 MLS
Rare Albany Commercial Opportunity - Five Lots Combined! Bring your vision to 852-854 Madison Avenue and 487-489 & 491 Yates Street, a unique commercial offering consisting of five combined lots with an expansive footprint in Albany. The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants. The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals. The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use. With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop. Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.

854 Madison Avenue, Albany

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