Albany NY 5000+ Sq. Ft. Real Estate, Homes, Condos for Sale

3 Beds ⋅ 11 Baths ⋅ 202622723 MLS

Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes bar, liquor license & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR. 168: 3 units -- 2 upstairs apts (3BR total) + standout 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? Ideal for investors, owner-operators, or developers. Steps from state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history included.

162-170 Jefferson Street

$2,300,000

11 Baths ⋅ 202622721 MLS

Rare mixed-use investment 1 block from Empire State Plaza! 4 adjoining buildings (162-170 Jefferson St) = 8 apartments + The Palais Royale Bar & Grill, a well-known neighborhood institution. Sale includes bar, liquor license & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR. 168: 3 units -- 2 upstairs apts (3BR total) + standout 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? Ideal for investors, owner-operators, or developers. Near to state government offices and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street

$399,000

2 Baths ⋅ 202622419 MLS

6,632 sq.ft. well maintained commercial building with easy access to I787. Perfect for a variety of service businesses, contractors, storage, etc. Office and warehouse combination, all in great condition. Heat and A/C in both office and warehouse/garage. 3-phase electric. 10'' overhead door, and possible loading dock on side of building. Current parking on the street, plus a paved area on the side of the building for possible off street parking. Public water & sewer. Great for owner occupied or investor.

75 Jackson Avenue

$2,199,000

202622391 MLS

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

261 Central Avenue

$8,750,000

202622274 MLS

A rare opportunity to acquire a fully renovated, stabilized 46-unit multifamily investment housed within one of Albany's most distinctive historic buildings. Originally constructed as the iconic Hinckel Brewery, this landmark property has been thoughtfully transformed into a modern apartment community while preserving its unique architectural character. Completed renovations in 2023 have positioned the asset as a turnkey investment featuring updated kitchens and baths, stainless steel appliances, in-unit washer and dryers, new flooring, modern lighting, and contemporary finishes throughout. The property offers an attractive mix of one-, two-, and three-bedroom apartments with distinctive layouts that appeal to a broad tenant base.

201 Park Avenue

$12

202621649 MLS

Approximately 6,000 SF of office space consisting of 5 private offices and the remainder of the space is open. Staff break room and shared bathrooms in common space. Tenant pays utilities and janitorial. An additional 13,000 SF of warehouse space available for lease.

6 British American Boulevard

$3,500,000

202621407 MLS

High visibility site, previously used as a new car dealership, with easy access to and from exit 7 of I-87. Can be used as its existing use or any conforming use under COR zoning. Lots of potential in this growing area of the Capital District. Call broker for additional details or to schedule a showing.

637 Columbia Street Extension

$795,900

5 Baths ⋅ 202620599 MLS

An extraordinary commercial asset emerges at 160 Creamery Rd, Greenville, NY. Seated on 17.40+ pristine, country-club-style acres, this iconic property features a historically significant hospitality venue that has operated successfully for over 81 consecutive years. Nestled on a tranquil, low-traffic side road, the estate seamlessly pairs commercial scalability with an idyllic country lifestyle. Turnkey Facility: The offering includes the complete physical real estate, land, and an extensive inventory of Furniture, Fixtures, and Equipment (FF&E). Waterfront & Acreage: The 17.40-acre parcel showcases a magnificent stocked pond, an expansive outdoor dining deck designed for high-capacity seating, lush destination landscaping, and over 450+ linear feet of private, direct frontage along Basic Creek, located on the opposite side of the road from the restaurant. On-Site Owner's Residence: Maximizing operational efficiency, the property includes a spacious, beautifully appointed 2-bedroom private residence--ideal for an owner-operator or on-site manager. The Strategic Opportunity: Please note: The existing business entity itself is not for sale and remains a community staple. The offering is strictly for the premium real estate and physical infrastructure. This provides a clean slate for an ambitious restaurateur, hospitality group, or developer to execute a new concept. The property's spatial layout and natural aesthetics make it an elite candidate for transformation into a premier destination farm-to-table restaurant, a high-margin wedding venue, or an exclusive special occasion event facility. Do not miss the chance to control one of the most prominent, long-standing hospitality footprints in the Greenville/Capital Region submarket. Schedule your private, qualified tour today.

160 Creamery Road

$329,000

4 Beds ⋅ 4 Baths ⋅ 202619848 MLS

Opportunity meets character at 427 S Pearl St, a fully remodeled mixed-use building featuring one of Albany's last historic bar spaces paired with two income-producing apartments. The commercial space offers a fully renovated bar/lounge, complete with a stunning custom bar, dining area, kitchen, office, and one ADA-compliant bathroom and one standard bathroom, along with a mop/broom closet. RESTAURANT EQUIPMENT CONVEYS WITH THE SALE OF THE PROPERTY! With USB-integrated outlets, updated systems, and a brand-new high-efficiency gas heater (2025), this space is turnkey and ready for its next concept. Currently generating $1,500/month with upside to ~$2,000/month upon liquor license approval. Upstairs, two spacious 2-bedroom apartments feature updated layouts, large bathrooms, and strong rental history; both currently occupied (month-to-month) at $1,300 and $1,400/month. Major improvements include new roof (2018), full electrical service update (2023), new sewer line to street (2024), updated plumbing with PEX throughout, and newer hot water tanks--offering peace of mind for years to come. Tenants pay utilities, keeping operating expenses low and returns strong. Whether you're an investor seeking cash flow or an owner-user looking to operate a business while collecting residential income- this is a rare find in the City of Albany! Current Income: Bar: $1,500/mo = $18,000/year Apts: $2,700/mo = $32,400/year Total Gross = $50,400/year Expenses: Taxes: $9,963 Insurance: $2,568 Water/Sewer: ~$675 Total Expenses ≈ $13,206 NOI (Net Operating Income): $50,400 - $13,206 = $37,194 CAP Rate (Current): *11.3%* 11%+ cap rate, built-in income, and serious upside...this is the deal investors wait for!!!!

427 S Pearl Street

$499,000

10 Beds ⋅ 3 Baths ⋅ 202619770 MLS

This 3-unit has been updated and maintained. There is newer flooring, updated kitchens and baths in all 3 units. Unit 1 has 4 bedrooms and 1 full bath, Unit 2 has 3 bedrooms and 1 full bath. Unit 3 has 3 bedrooms and 1 full bath. There is a large living room in each unit. Small backyard and a larger side yard that tenants use for a 3 car off street parking area. Each unit is month to month and could be getting higher rents.

144 Broad Street

$799,900

4 Baths ⋅ 202619677 MLS

Rare mixed-use opportunity in the heart of Albany. This approximately 6,000 SF building spans three levels and occupies more than half a block on Robin Street, just steps from Central Ave, Washington Park, and UAlbany's Downtown Campus. The first floor features two entertainment venues, including an event space with bar area and a separate lounge/nightlife concept, with a proven history of private event rentals and recent approval for event venue use. The second floor includes a recording studio with soundproof booths, while the upper two levels offer flexible space filled with natural light from oversized windows. Four bathrooms, off-street parking, and vacant possession at closing create endless possibilities for hospitality, creative, office, residential, or investment use.

56 Robin Street

$180,000

1 Baths ⋅ 202619409 MLS

A great opportunity to own this established auto body repair, D&S Body shop. The auto body repair shop has been in use for well over 50 years. The property features a functioning automotive repair shop along with one separate office space rental and eight garage/storage rental units, providing steady supplemental income. Ideal for owner-operators, investors, or automotive business expansion, the property offers versatile commercial space with strong utility and flexibility. Well-situated with convenient access to major roadways, surrounding neighborhoods, and local business districts. Features include ample garage/storage capacity, office rental income opportunity, and a layout suitable for automotive services, contractor use, storage, or mixed commercial operations. Excellent opportunity to own an auto body repair shop with supplemental rental revenue in the City of Albany.

467 Jay Street

$2,600,000

202619191 MLS

Rare find! Completely renovated 11 years ago, this incredible building is fully rented and features 14 luxury apartments all with their own unique architectural details, and one large retail space with frontage on Washington Avenue, plus a large unfinished basement with even more investment potential. All apartments have hardwood floors, granite, dishwashers, private laundry, their own gas furnace and central air, hot water heater and electric panel. Large storage rooms for tenants both up and down. Shared lounge or gym space. Accessible lift to second floor. Secure entrances and lobby with intercom & updated security system. Potential rentable basement space up to fire code. Extremely attractive assumable Freddie Mac mortgage available until Dec. 31, 2029. Inquire for more details.

260 Washington Avenue

$589,000

2 Baths ⋅ 202619084 MLS

Exceptional opportunity to own a well-maintained ±5,400 SF office building on ±0.86 acres in Delmar. Zoned Commercial Hamlet (CH), the property offers flexibility for a variety of commercial uses. The functional layout includes a reception area, five private offices, six workstations, conference room, training room, breakroom, copy room, IT room, and two restrooms. Features include 21 on-site parking spaces, rooftop solar PV system, gas forced-air heating and cooling, municipal water and sewer, and 400-amp, 3-phase electrical service. Highly visible location on Delaware Avenue with over 14,000 vehicles per day and convenient access to Downtown Albany. Also available for lease at $18.00 PSF plus utilities and janitorial.

25 Delaware Avenue

$850,000

10 Beds ⋅ 6 Baths ⋅ 202619003 MLS

One of the most uniqure buildings you will find in Albany! Immaculate 4 unit historical multifamily in the heart of Center Square with all modern units and amenities. Each unit has central air, washer/dryer & dishwasher, fireplaces, hardwood floors throughout. New tile in bathroom, updated appliances, updated heating. 3 units have their own private rooftop decks and a shared private courtyard. Front downstairs unit has privatized glass on window that still allows natural light. Amazing investment opportunity or owner occupy. Residential street directly off Lark St, close proximity to State offices, hospitals, univiersties, etc.

201 Jay Street

$449,777

3 Baths ⋅ 202618946 MLS

Motivated seller is selling this Mixed-Use property. It is currently being used as an auto repair shop ''Hurk's Transmission'' and 3 apartments (need to be renovated) Property to **Two parcels are being sold, 187 Jefferson, 010100 76.31-3-27 and 380 Madison Avenue )10100 76.31-3-20** There are garage spaces for 4-6 cars as well as off street parking for 5-6 cars. The property runs street to street between Madison Ave and Jefferson Street. great location, close to downtown, center square, state offices, SUNY, i787,i87,i90 shops and dining.

187 Jefferson Street

$330,000

2 Baths ⋅ 202618823 MLS

This is an 8,904 sqft parcel of Prime Commercial Property on the corner of Fuller Road and Warehouse Row in the Town of Colonie. Recent improvements include a new roof, windows and removal of all former dry cleaning equipment, thus the first floor is completely cleared of all equipment and ready for its next owner to take it from here. The 2nd floor was previously leased as a Dance Studio with three large studio rooms and several others of various sizes. Inspection Reports are available from the Department of Environmental Conservation. Property Sold As Is. Proof of Funds are required.

69 Fuller Road

$1,025,000

19 Beds ⋅ 12 Baths ⋅ 202618199 MLS

This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!

29 2nd Street

$5,900,000

202618009 MLS

An extraordinary offering in the heart of the Helderberg foothills, Altamont Orchards represents over 57 years of family farming legacy and one of the most diverse, income-producing agricultural estates in Upstate New York. Situated on historic land deeded as far back as 1792, this multi-faceted property delivers rare depth across hospitality, recreation, retail, and agricultural operations. This remarkable offering encompasses a spectacular working orchard, a beloved farm market and farm stand complete with a bakery, specialty foods, greenhouse, and gift shop, all drawing loyal customers season after season. A craft brewery tenant operating on-site adds yet another layer of energy and income to an already exceptional portfolio and a private residential home provides a live-where-you-work lifestyle on this compound. And then there's the crown jewel, the adjacent Orchard Creek Golf Course, an acclaimed 18-hole championship par-71 public course and proud recipient of NYS Course of the Year. Host unforgettable gatherings here in the three-season banquet space, welcome diners to the full-service Cider House Restaurant, and entertain guests in the signature clubhouse. From dining to pick-your-own apple experiences to championship golf and grand event hosting, this is the rare property where history, community, and opportunity converge. The next steward of this property inherits not just land, but a legacy generations in the making.

6700 Dunnsville Road

$1,200,000

9 Beds ⋅ 7 Baths ⋅ 202617901 MLS

Featuring 9 bedrooms, 5 full bathrooms, and 2 half bathrooms above grade, this home provides endless possibilities for large families, extended family members, guests, home offices, or private retreats. The thoughtfully designed layout offers spacious gathering areas, comfortable living spaces, and the ability to accommodate a variety of lifestyles. Whether you need room for everyday living, entertaining, or multi-generational arrangements, this home delivers. The fully finished lower level adds another 2,441 square feet of valuable living space and expands the possibilities even further. This area is ideal for recreation, entertainment, a home gym, additional living quarters, or creating a personalized space tailored to your needs. Outside, the expansive property provides plenty of room to relax, entertain, garden, or enjoy outdoor activities while appreciating the privacy and beauty of the surrounding setting. The combination of a peaceful location, generous acreage, and incredible square footage creates a rare opportunity to own a truly unique property. Homes offering this level of size, versatility, and privacy are seldom available. Whether you are looking for space to grow, room for multiple generations, or simply the ability to enjoy a home that provides unmatched flexibility, this exceptional residence offers it all.

447 Krumkill Road

$325,000

202617816 MLS

Wine and Liquor Store business for sale. Price includes the business, good will, furniture, fixtures and equipment. The inventory will be sold separately between Seller and Purchaser. Located in the Town of Guilderland on Western Avenue in strip mall with restaurants.

2050 Western Avenue 103

$1,998,000

4 Beds ⋅ 5 Baths ⋅ 202617794 MLS

Sitting gracefully along the Hudson River, this spectacular waterfront estate offers breathtaking panoramic scenery of an unparalleled luxury lifestyle. Beautifully designed, every room captures the property in all its glory. You can immerse yourself in the waterfront views plus views of the gunite infinity pool, tennis court & guest cottage from almost anywhere in the home. The guest house features 3BR's, parking + deck overlooking 300ft of beach front. Features incl gourmet kitchen, 1st flr office+ library. Master suite w/private terrace, large great room, lower level recreation room & more. This is a one of a kind property in Bethlehem School District.

248 Van Wies Point Road

$149,999

202617128 MLS

TURN KEY BUSINESS available- high traffic exposure- expandable hours can continue this successful and well established Delicatessen in Albany NY- business with all equipment is being offered for sale- there is an assumable 2+ year lease in place with an option at the end of lease, all equipment will be sold with business, walk in cooler, gas stove , slicers, coolers, etc. to be included, off street parking, rent and income figures available - potential for broadening the scope of current business is an option

718 Central Avenue

$3,900,000

202616970 MLS

Location, location! Thirteen tenant plaza, apartment and retails, always rented. Gross lease stores on New Loudon Rd, Route 9 next to Fresh Market. Large lot for additional projects if desired.

644 Loudon Road

$329,000

4 Baths ⋅ 202615449 MLS

Opportunity meets character at 427 S Pearl St, a fully remodeled mixed-use building featuring one of Albany's last historic bar spaces paired with two income-producing apartments. The commercial space offers a fully renovated bar/lounge, complete with a stunning custom bar, dining area, kitchen, office, and one ADA-compliant bathroom and one standard bathroom, along with a mop/broom closet. RESTAURANT EQUIPMENT CONVEYS WITH THE SALE OF THE PROPERTY! With USB-integrated outlets, updated systems, and a brand-new high-efficiency gas heater (2025), this space is turnkey and ready for its next concept. Currently generating $1,500/month with upside to ~$2,000/month upon liquor license approval. Upstairs, two spacious 2-bedroom apartments feature updated layouts, large bathrooms, and strong rental history; both currently occupied (month-to-month) at $1,300 and $1,400/month. Major improvements include new roof (2018), full electrical service update (2023), new sewer line to street (2024), updated plumbing with PEX throughout, and newer hot water tanks--offering peace of mind for years to come. Tenants pay utilities, keeping operating expenses low and returns strong. Whether you're an investor seeking cash flow or an owner-user looking to operate a business while collecting residential income- this is a rare find in the City of Albany! Current Income: Bar: $1,500/mo = $18,000/year Apts: $2,700/mo = $32,400/year Total Gross = $50,400/year Expenses: Taxes: $9,963 Insurance: $2,568 Water/Sewer: ~$675 Total Expenses ≈ $13,206 NOI (Net Operating Income): $50,400 - $13,206 = $37,194 CAP Rate (Current): *11.3%* 11%+ cap rate, built-in income, and serious upside...this is the deal investors wait for!!!!

427 S Pearl Street

$329,000

2 Baths ⋅ 202614671 MLS

Spacious warehouse property featuring a front-facing retail or office component, ideally positioned along a high-traffic corridor with convenient access between I-87 and I-787. The building offers dual road frontage with access from both the front and rear, allowing for easy circulation and logistics. Equipped with 3-phase, 400-amp electrical service, it's well-suited for a variety of business operations.An excellent opportunity for commercial or residential builders and contractors, the property is ideal for staging and storing materials while projects are underway in the surrounding area.Located in Cohoes's MU-1 Mixed-Use District, the property benefits from flexible zoning that supports a range of commercial and potential residential uses, including retail, office, service-based businesses, and mixed-use or live/work configurations. This versatility makes it an excellent fit for a storefront presence complemented by expansive warehouse or storage space across two levels. Positioned in downtown Cohoes, this property offers strong upside and adaptability--ideal for investors, owner-users, or those looking to capitalize on a wide range of permitted uses. ROOF IS 2 YEARS OLD

71 Columbia Street

$1,190,000

202614169 MLS

Fully Leased Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This fully leased four-story historic building--originally constructed in 1850 and thoughtfully renovated in 2020-- features five market-rate apartments and two high-visibility retail storefronts. Zoned MU-DT, the property offers excellent exposure and foot traffic in Albany's vibrant downtown district. Includes a passenger elevator and strong rental history. Offered at $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.

82 N Pearl Street

$899,000

202614037 MLS

+/-4.03-acre development opportunity in Vista Technology Campus, immediately adjacent to Plug Power's new manufacturing complex. Zoned MED (Mixed Economic Development) with municipal water & sewer. Site was previously approved for a +/-33,000 SF office/warehouse; foundation poured and steel frame erected, offering a head start for development. Ideal for office, flex, or light industrial users. Development incentives available. Prime location surrounded by retail amenities with convenient access to major highways. Rare shovel-ready opportunity in a growing tech and industrial corridor.

85 Vista Boulevard

$799,000

202614003 MLS

Rare owner-user opportunity in Albany! This 7728 SF flex industrial building is perfectly suited for contractors, distribution, or light manufacturing users. Featuring (2) 12' drive-in doors, a full sprinkler system, and existing office buildout, the property offers a highly functioning layout ready for immediate occupancy. Zoned MU-NE, allowing for a wide range of commercial and light industrial uses. Offered at $799,000, presenting a compelling alternative to leasing while building long-term equity. Centrally located with easy access to Central Ave. and I-90. Ideal for businesses looking to establish or expand their footprint in a supply-constrained market

334 Ontario Street

$499,900

9 Beds ⋅ 7 Baths ⋅ 202613988 MLS

Located near the former College of Saint Rose campus, this Albany multi-family property presents a solid opportunity with strong rental potential. The building includes 5 one-bedroom apartments and 2 two-bedroom apartments, offering a desirable apartment mix for steady income. While the property could benefit from some light updates, it provides excellent upside for investors. Features include hardwood floors throughout the first and second levels, a rear garage, and 4 off-street parking spaces. The property is in good overall condition--an excellent value-add opportunity with long-term potential.

865 Madison Avenue

$8,000,000

202613486 MLS

Albany Plaza: +/-115,305 SF, 215-key economy hotel on +/-5.40 acres directly off I-90 (Everett Rd Exit 5) with 90,124 AADT and exceptional visibility. 9-story, fully sprinklered asset with 2 elevators and 300 parking spaces. Built 1972, renovated 2016. Features full-service restaurant & bar, 10,000+ SF meeting/event space, indoor & outdoor pools. Zoned MU-CH (Community Highway) offering significant repositioning or redevelopment potential. Former Ramada, now independently operated, non-union. Rare value-add hospitality opportunity offered at $8,000,000 ($69.38 PSF / $37,209 per key).

3 Watervliet Avenue Extension

$1,700,000

6 Beds ⋅ 6 Baths ⋅ 202613272 MLS

A Historic Slingerlands Estate Set on 10 acres of rolling countryside, 83 Bullock Road is a rare opportunity to own a beautifully preserved colonial estate that blends timeless character with generous modern living space. This historic home, built circa 1790 and significantly expanded in the early 1900s,has approximately 5940 square feet, 6 bedrooms, and 5 1/2 bathrooms, offering the scale and presence of a true country manor while remaining just minutes from everyday conveniences. A Setting That Feels Like Its Own World The long, private approach opens to wide-open acreage, mature trees, and peaceful views in every direction. The land provides a sense of retreat that's increasingly hard to find--ideal for gardening, outdoor entertaining, or simply enjoying the quiet beauty of the property. The home sits comfortably within this landscape, offering both privacy and a welcoming, estate-like presence. An antique barn was added during the 1960s, a recently installed heated saltwater pool and a spring fed pond with fishing dock all contribute to outdoor enjoyment. The property features well-established vegetable and fruit gardens and a chicken coop, and has supported substantial maple syrup production in recent years. Historic Architecture With Warmth and Character Built in the late 18th century, the home retains the craftsmanship and charm of its era, including period details, multiple fireplaces, and inviting gathering spaces. Large rooms , high ceilings and abundant natural light create a warm, livable environment that suits both everyday living and memorable entertaining. The layout offers flexibility for home offices, or creative studio spaces. Spacious Living for Today's Lifestye The home easily accommodates guests, extended family, or those who simply appreciate room to spread out,providing opportunities for formal and informal living areas, library or office spaces, and comfortable private suites. Garage and ample storage add to the home's practicality. A Location Known for Convenience and Community Located in Slingerlands within Albany County, the property offers a peaceful rural feel while remaining close to shopping, dining, and commuting routes. The home is served by the highly regarded Voorheesville school district

83 Bullock Road

$3,200,000

202612723 MLS

Position your business for success at 54-56 Central Avenue, a highly visible commercial property located in the center of Ravena's business district. This versatile building offers strong street presence, steady local traffic, and convenient access to Route 9W and the Capital Region, making it an ideal location for a wide range of commercial uses. The property features dual storefront entrances, allowing for multiple tenants, expansion opportunities, or a combined large-format business. Generous interior square footage provides flexible floor plans suitable for retail, office, service-based operations, or specialty commercial concepts. Large display windows offer excellent branding and merchandising potential, while the open interior layout supports efficient customization. Additional highlights include off-street parking, walkability to nearby shops and municipal buildings, and a central location that draws both local residents and commuters. Whether you're launching a new venture, relocating an established business, or seeking an income-producing investment, this property delivers visibility, accessibility, and long-term commercial value. A strong opportunity in a growing community -- ideal for entrepreneurs, investors, and business owners looking for a strategic foothold in Ravena. Highly-visibility commercial property located in the center of Ravena's business district. Dual storefront entrances offer flexible space for retail, office, or service-based operations. Large display windows, open interior layout, and strong street exposure. Off-street parking and easy access to Route 9W and I-87. Ideal opportunity for investors or business owners seeking a versatile, centrally located commercial building.

54-56 Central Avenue

$1,800,000

24 Beds ⋅ 13 Baths ⋅ 202611652 MLS

Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.

811 Madison Avenue

$950,000

2 Baths ⋅ 202610816 MLS

This listing is for the sale of the real estate and owner is willing to consider lease of property with an option to purchase. There is a separate listing for sale of the business, FF and E and inventory of Watkins Spring Co., an established business with over 100 years of experience providing heavy duty suspension services in the Capital District. The business has over 4,000 accounts and a highly respected reputation in the industry. Qualified buyers to sign NDA and show proof of funds. See associated documents for details on all of the possibilities.

368 Central Avenue

$699,000

18 Beds ⋅ 6 Baths ⋅ 202531054 MLS

Welcome to this six-unit multifamily property which is a true investor standout, offering strong, reliable returns with no deferred maintenance or renovation work required. Each unit features separate utilities, keeping operating expenses low while maximizing profitability. Four units are occupied. The building has been exceptionally well maintained, providing a rare opportunity to acquire a high-performing asset that's truly move-in ready from an investment standpoint. Ideally located in the heart of Cohoes, the property offers convenient access to local amenities and major highways—making it very desirable for tenants and a smart addition to any investment portfolio. Don't miss this low-maintenance, high-yield opportunity to secure consistent cash flow from day one.

112 Main Street

$69,900

202530046 MLS

FOR SALE: Desirable turn key +/- 1,220 sf hair salon business located in Loudonville, NY. Great location. Heavy traffic. Ample parking. Rent is $2,432 plus CAM. Total net rent $2,736. Existing lease expires 6/2027 with extension options through 2030. LL willing to extend lease further if interested.

265 Osborne Road

$1,075,000

3 Baths ⋅ 202528917 MLS

Come see this unique and interesting property! Originally constructed as a bank in 1926, this was property was purchased and converted in 2002 into one of the City of Albany's premier performing arts and events spaces. Zoning and building technical specificities indicate that use of the property as/for any civic or institutional, office or retail use are highly feasible.

339 Central Avenue

$600,000

202528087 MLS

Maximize your investment potential with this exceptional 5,224 SF industrial property in Hannacroix, NY. Built in 1960 and strategically zoned RDA, this property is tailor-made for industrial, fabrication/manufacturing, warehouse, or distribution purposes. With two 12FT overhead drive-in doors, and updated office space and restroom facilities, it provides the essential features for seamless operations. With 3 phase power and an additional 1,900 SF garage building, plus an existing 2,400 SF pre-poured slab, this property is primed for expansion and efficiency. Its ideal location in Albany County, with convenient access to I-87, further enhances its appeal for discerning investors or owner/users in the industrial and warehouse sectors. This property would serve well for an owner/operator with additional space to lease out to potential tenants for bonus income. Currently there is a tenant renting truck parking spaces on a month to month basis. Boasting ample acreage for outdoor storage, additional parking or future expansion, call for your private showing today.

799 Alcove Road

$3,250,000

202527361 MLS

Prime Albany Office Investment or Owner-User Opportunity! +/-65,309 SF Class B multi-tenant office building on +/-2.82 acres with 246 on-site parking spaces (4:1 ratio). Conveniently located minutes from I-90, Exit 5 (Everett Rd). Currently 33% occupied with +/-45,170 SF available for immediate use. Features include new roof (2024), passenger elevator, +/-1,600 SF residential penthouse, 3-phase/1600 AMP electrical service, MU-CH zoning, and CDTA bus access. Ideal for investors or owner-occupants seeking value-add potential. Offered at $3,250,000 ($49.76/SF).

32 N Russell Road, Albany

$890,000

202526103 MLS

Well-positioned office and warehouse building on a 3-acre site with abundant parking. The property offers a functional mix of professional office space and warehouse/storage areas, designed to accommodate a variety of business operations. Excellent location just minutes from exit 7 of I-87, alternate Rt. 7, and I-787 routes, providing convenient access to the Capital District and beyond. Building features include shingle roof, masonry exterior, loading dock, and 3 half baths. Professional offices located in the front with conference room and kitchen. Storage, workshop, and warehouse space in the back. Existing office furnishing included.

601 Columbia St Extension

$989,000

202522968 MLS

Downtown Albany Warehouse District Investment Opportunity. Two parcels - 405 N Pearl: +/-9,569 SF two story warehouse with interior loading dock, freight elevator, industrial crane, 16' ceilings and ample office space. 380 N Pearl: +/-1.06 acre fenced gravel parking lot directly across the street. Great opportunity for owner-user or redevelopment project. Also available but not included is 403 N Pearl directly next door: Fully rented three-family with long term tenants.

405 N Pearl Street

$3,199,000

13 Baths ⋅ 202518533 MLS

9.4% CAP RATE. MIXED USE WITH RESIDENTIAL & COMMERCIAL TENANTS. CLASS A+ OFFICE BUILDING. SUPERIOR CONDITION WITH HIGH-END FINISHES. PROFESSIONAL TENANT MIX. SOLID LEASES. GREAT CASH FLOW. EASY ACCESS TO RT 155, I90, I87, DOWNTOWN ALBANY, NANOTECH CENTER, ETC. 9 RESIDENTIAL TENANTS & 6 COMMERCIAL SPACES.

9 Washington Square

$1,199,000

3 Baths ⋅ 202518530 MLS

11.7% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water.

251 New Karner Road

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