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

10 Beds ⋅ 3 Baths ⋅ 202629209 MLS

This Grand 3-unit has been updated and maintained. There is newer flooring, updated kitchens and baths in all 3 units. For each unit, there are new hot water tanks, new furnaces, updated baseboard heating and plumbing. Roof is 2 1/2 years new. 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. Open floor plan, with a spacious living room in each unit. Small backyard patio for bbq or relaxing outdoors. Spacious Back Stairway / Egress. Also, offers a side yard that tenants use for a 2-3 car off street parking area. Each unit is month to month and has potential for higher rent. Each Unit estimated 1,682 sq ft.

144 Broad Street, Albany

$850,000

3 Baths ⋅ 202629014 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, Albany

$1,699,999

202628832 MLS

Development opportunity! Prime Albany Mixed-Use Investment Opportunity: In-Place Income + Approved 18-Unit Residential Development w/ building permit in place, ready for work to begin. Fully leased commercial space providing strong, reliable in-place income, fully approved for 18 unit residential development. Conveniently located close to bus line, close proximately to highways, downtown, hospitals, grocery stores and so much more. Call owner directly for details & showings 518-857-0678

226 N Allen Street, Albany

$1,150,000

12 Beds ⋅ 6 Baths ⋅ 202628618 MLS

Excellent opportunity to acquire a 6-unit multifamily portfolio with an adjoining vacant lot in the heart of downtown Albany! Featuring two three-family buildings at 341 and 364 Madison Avenue, this investment offers a desirable mix of newer construction and updated apartments. 364 Madison, built in 2020, features spacious modern layouts, open-concept living, contemporary kitchens, central air, and in-unit laundry. Both properties offer strong rental income and attractive layouts in a highly desirable downtown location. The adjoining vacant lot at 366 Madison provides additional flexibility and potential. Conveniently located near the NYS Capitol, Empire State Plaza, restaurants, and downtown amenities. Portfolio sale only!

364-366 Madison Avenue, Albany

$899,000

202628237 MLS

713-715 Third Avenue is a contiguous two-parcel commercial/industrial buildings strategically positioned along Third Avenue/NY Route 32, this offering combines an established manufacturing facility, a separate storage/warehouse building, substantial paved area, and two contiguous tax parcels. The assemblage offers an opportunity for continued owner-user occupancy, investment repositioning, or future redevelopment subject to municipal approvals. Parcel ID's- 44.42-1-38 and 44.42-1-39.

713 3rd Avenue, Watervliet

$1,100,000

14 Beds ⋅ 7 Baths ⋅ 202628215 MLS

Two adjacent buildings, 14 units, all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: current rents are below the $1,500-$1,600 area average for 2BRs. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Limited new supply. Stability plus growth potential. Financials available upon request. *921 Park Ave is being sold as a package deal with 917 Park Ave. Please refer to MLS #202628213 for the related listing.

921 Park Avenue, Albany

$1,100,000

14 Beds ⋅ 7 Baths ⋅ 202628213 MLS

Two adjacent buildings, 14 units, all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: current rents are below the $1,500-$1,600 area average for 2BRs. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Limited new supply. Stability plus growth potential. Financials available upon request. *917 Park Ave is being sold as a package deal with 921 Park Ave. Please refer to MLS #202628215 for the related listing.

917 Park Avenue, Albany

$599,000

10 Beds ⋅ 202627945 MLS

In the PIne Hills section of Albany, a modernized, clean 4 unit with bright and useful commercial space on ground floor. Each unit is spacious and updated. Great investment opportunity with close proximity to Albany Medical Center, colleges and universities and the music and night life of Albany. Off-street parking.

864 Madison Avenue, Albany

$779,999

202627839 MLS

Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker.

409 New Karner Road, Albany

$8,489,000

202627830 MLS

Exceptional opportunity to acquire a +/-90,000 SF Class A office building in Downtown Albany. Built in 1999, the four-story property features efficient +/-22,500 SF floor plates, a traditional office buildout with private offices, open work areas and numerous conference rooms, plus a full cafeteria, fitness center and locker rooms. The property includes a 392-space gated parking lot (4.36 spaces/1,000 SF), two passenger elevators, one freight elevator and a loading dock. Excellent visibility from I-787 with approximately 88,000 vehicles per day and convenient interstate access. Situated on +/-4.0 acres with MU-CU zoning and adjacent to the recently constructed Hyatt Place. Expansive views of the Hudson River and Downtown Albany. Offered at $8,489,000 ($94.32/SF), significantly below replacement cost.

725 Broadway, Albany

$3,800,000

202627660 MLS

This is a 6-property portfolio for sale, headlined by a 23,408ft2 office building at 747 Madison Ave. There are 17 apartment units included between 731 Madison Ave a 7-unit, 755 Madison Ave a 5-unit and 765 Madison Ave a 5-unit. There is a 4,000ft2 warehouse adjacent to the office building that is currently owner-user, and a 4 car garage next to the warehouse. Behind the large brick 7 unit at 765 Madison Ave is an undeveloped lot with an address on Hamilton St. The year EGI for the portfolio is $515,468, and the full financials will be provided upon request. The current ownership has held the properties for 20 years. Most of the apartment units and office spaces have been updated inside.

747 Madison Avenue, Albany

$1,450,000

202627583 MLS

Excellent freestanding +/- SF 12000 building with high traffic and visibility on Central Ave. Currently set up with 6 units, but could be converted to fit needs.Currently has 5 vacant units with the 6th being occupied by a dental practice. Common restroom on both first and second floor with elevator. Heating, plumbing and electrical system maintenance/updates all made. Easy accessibility, on the bus line. Excellent investment potential.

1735 Central Avenue, Colonie

$675,000

202627542 MLS

Prime commercial hub with endless potential in Albany County. Unlock the maximum potential of your business with this exceptionally versatile multi-building complex, strategically located in the heart of Albany County. Designed to support a vast range of industrial, commercial and operational uses, this property offers the ultimate combination of heavy-duty functionality and expansive spatial flexibility. Drive-in capability engineered for year-round production and maintenance. High-clearance bays are fully climate controlled to ensure efficient operations through Upstate NY winters. Massive on-site parking and staging lot: an expansive paved lot accommodates heavy vehicle fleets, customer parking, equipment storage, or seamless freight loading/unloading maneuvers.

406 9th Avenue, Watervliet

$1,250,000

10 Beds ⋅ 9 Baths ⋅ 202627002 MLS

Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3- story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo, offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.

65 Watervliet Avenue, Albany

$1,375,000

4 Beds ⋅ 5 Baths ⋅ 202626764 MLS

Welcome to 12 Sage Estate, an exceptional private residence offering approximately 5,000 sq. ft. across the first and second floors, plus an additional 2,000 sq. ft. of beautifully finished lower-level living space. Designed for luxurious living and effortless entertaining, this 4-to-5-bedroom, 4.5-bath home impresses from the moment you arrive. The sun-filled first floor features soaring ceilings, expansive open spaces, beautiful hardwood floors, detailed moldings, and a dramatic double-sided gas fireplace. The gourmet kitchen features an oversized center island, generous cabinetry, two ovens, vegetable sink, and a bar sink. Dual staircases lead to the second floor, where an entire wing is devoted to the extraordinary primary suite. A private retreat, the primary suite features a spacious bedroom, a sitting room with a wet bar, mini refrigerator and coffee bar, and a resort-inspired bath with soaking tub, walk-in shower, separate vanities, and TV-integrated mirror. The sitting room's striking floor-to-ceiling stone fireplace creates a warm and inviting focal point. A generous built-in window seat provides another inviting spot to relax. An impressive walk-in wardrobe with custom storage, center island, and additional washer/dryer completes the suite. Three additional bedrooms comfortably accommodate family and guests, with two offering Jack-and-Jill bath access. The lower level adds versatility, offering a bedroom and full bath, a kitchenette, game/recreation space, dedicated exercise room, window seat, and walk-out access. Outside, an oversized composite deck spans the length of the home, extending the living space to an outdoor grill with a stone countertop, a pergola, and private grounds encompassing just over one acre. Additional highlights include a three-car garage and a new driveway. With approximately 7,000 sq. ft. of finished living space, this stately custom home offers remarkable scale, privacy, and premier amenities in a truly special setting!

12 Sage Estate, Menands

$179,900

3 Baths ⋅ 202626726 MLS

Rare 3.13-acre offering in the Village of Ravena with two paths to value. Potential for subdivision opportunity. Zoned R-2, permits single family residential. A builder-ready opportunity with municipal water and sewer already on site. Alternatively, the existing 10,942 SF masonry building offers an adaptive reuse opportunity: sanctuary seating for 262, finished basement, 9+ classrooms, fellowship hall, and paved on-site parking for 40+ vehicles. Minutes to Route 9W and the NYS Thruway, approximately 20 minutes to downtown Albany. Property is currently tax-exempt (religious/non-profit use) buyer to verify taxes with Municipality.

16 Hillcrest Drive, Ravena

$750,000

1 Baths ⋅ 202626585 MLS

5400 square feet of office and storage/flex space. Had previously been used as a gymnastics studio and offices. Current owners use it as clean equipment storage space. High visibility on New Scotland Rd. Ample parking. Ceiling heights vary from office space to warehouse/storage areas. Space is currently about 40% office and 60% storage/warehouse space. Many possibilities ~ perfect for climate controlled storage facility.

1992 New Scotland Road, New Scotland

$94,000

10 Beds ⋅ 12 Baths ⋅ 202626327 MLS

The old Cedar Hill Rest home in Bethlehem is currently for sale: it offers a 2 acre parcel with beautiful pine trees, the back end of the property borders Mohican Indian preserve. The 40 ft. well is in very good condition, in need of a well pump. Also town water is available at the road. Stamped blue prints for a 5 unit building has been approved. Possible full rehab or tear down. 3 bay garage + 20 x 20 workshop in the back.

1136 River Road, Bethlehem

$799,000

202626095 MLS

For Sale: Prime Mixed-Use Building in Downtown Albany. Seize the opportunity to acquire a ±24,072 square foot, four-story mixed-use building in the heart of Downtown Albany. Zoned Mixed-Use Downtown (MU-DT), this building offers diverse possibilities for retail and office use. 1st floor and basement currently rented to restaurant user for $5,500.00 a month. Lease ends February 28, 2029.

69 N Pearl Street, Albany

$1,599,000

6 Beds ⋅ 6 Baths ⋅ 202626060 MLS

A Historic Slingerlands Estate , now offered well below appraised value! 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.

83 Bullock Road, New Scotland

$550,000

9 Beds ⋅ 5 Baths ⋅ 202625663 MLS

A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade. The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations. *** Multiple offers- best and final offers due Wednesday, September 23 at 10AM***

141 S Allen Street, Albany

$1,150,000

10 Beds ⋅ 9 Baths ⋅ 202625639 MLS

Get ready to be amazed...set back in a tranquil & private 1.2 acre setting in the highly coveted Guilderland School District this breathtaking custom estate delivers a staggering 7,847 square feet of finished luxury living space and is designed to effortlessly accommodate multi-generational households, large blended families and elite hosting. The main level immediately captivates w/a stunning open-concept flow anchored by gorgeous hardwood floors & a gourmet kitchen featuring pristine granite countertops, dual islands, double wall ovens, a farmhouse sink, top-notch custom cabintry and sliding glass doors - all seamlessly open to the dining & living spaces and a multi-functional beverage wet bar w/butcher-block counter--ideal for all your large family & entertaining needs--anywhere from an office to a homework, snack & craft station. The main floor features a magnificent primary sanctuary boasting dual walk-in closets & a spa-inspired ensuite w/custom tile, walk-in shower & jetted soaking tub w/motorized pop-up TV. To finish off this level nicely, a handy laundry/mudroom is conveniently situated to the rear of the home. Unmatched flexibility defines the upper levels featuring distinct left & right wings. The left features add'l 2nd flr private primary bdrm & ensuite bath w/dual-sink vanity, 2 more bdrms, a full bathrm & a 3rd-floor bdrm. The spacious right wing is anchored by a central family room--a 3rd primary bdrm suite w/bathrm & walk-in closet, 2 more bdrms, full bath & 3rd flr bdrm w/living area. The finished lower level is a showstopper offering a self contained In-Law APT/proven Airbnb AND a bonus full gym area w/waiting RM, storage closet & its own full bathrm w/shower. Sound wiring, composite decks & porches, gas grill line, outdoor patio/fire pit area & an oversized detached 2-bay garage w/office, bdrm space & 1/2 bath that can fit a 35+ ft boat all round out this luxury listing perfectly. Schedule soon & be in your new home hosting by the holidays!

447 Krumkill Road, Guilderland

$3,199,000

13 Baths ⋅ 202625299 MLS

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, Albany

$1,199,000

3 Baths ⋅ 202625292 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, Colonie

$1,300,000

202624646 MLS

+/- 6,337 SF Cash flowing mixed-use asset in downtown Albany. The property includes eight 1-bedroom units and a ground floor commercial space. Property is fully leased and all units are recently updated. Roof was replaced in 2024. Prominent corner location at the intersection of Henry Johnson Blvd & Second Street. Close proximity to Downtown Albany, major employers, hospitals, universities, state government offices, and dining and shopping amenities. +/- 0.29 acre lot includes ample parking and possibility for additional development. Potential value-add through increasing below market rents.

151 Henry Johnson Boulevard, Albany

$5,200,000

202624511 MLS

GREAT INVESTMENT OPPORTUNITY for a warehouse in EXCELLENT CONDITION with NYS as a LONG-TERM TENANT, over 30 years at this location, with a newly signed 10 year lease. All increases in operating expenses and taxes above base year are covered by tenant. 7% CAP rate. Warehouse roof replaced in 2026.

16 Avis Drive, Colonie

$1,499,900

10 Beds ⋅ 10 Baths ⋅ 202624326 MLS

RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue, Albany

$669,900

202624235 MLS

Value-add investment opportunity in Albany's highly desirable Center Square neighborhood. This 6-unit mixed-use apartment building features two street-level commercial spaces, offering investors the opportunity to acquire an existing income-producing asset with additional upside through repositioning, leasing, or owner-user occupancy. Ideally located within walking distance of restaurants, bars, shopping, and Washington Park, the property offers strong urban accessibility and convenient proximity to downtown Albany. A compelling opportunity for investors seeking a value-add multifamily/mixed-use asset in an established neighborhood. Schedule your showing today.

285 Washington Avenue, Albany

$1,599,999

15 Beds ⋅ 16 Baths ⋅ 202623976 MLS

Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. $17,870 monthly rent roll. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

83 Beaver Street, Albany

$715,000

8 Beds ⋅ 9 Baths ⋅ 202623775 MLS

Three tax lot offering of two townhouses with two units each and one mixed-use townhouse with ground floor commercial space and two units above. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 3-bed/2-bath unit, and one 4-bed/2-bath unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday or Tuesday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours. Sale includes tax lots: 65.64-4-37, 65.64-4-38, & 65.64-4-39.

341-345 Clinton Avenue, Albany

$849,900

202623554 MLS

A rare, exceptional investment opportunity on Central Avenue, Albany's historic main commercial artery, stretching from near downtown Albany out toward Schenectady. This mixed-use building sits on a dense urban retail corridor with steady drive-by and foot traffic, offering the kind of diversified, multi-income-stream asset that's hard to find fully stabilized and available at once. Two ground-floor storefronts anchor the property, both currently leased, a thriving smoothie shop and an established mobile phone retailer, delivering strong, proven retail income from day one. A private entrance leads to four fully rented apartments in a mix of 1, 2, and 3-bedroom layouts, adding stable, diversified residential cash flow that balances the commercial income and reduces overall vacancy risk. At the rear of the building, a leased warehouse is accessed via two private garages, and here's where this deal separates itself from the pack: there's untapped square footage with the potential to be built out into an additional income-producing unit, or even converted into self-storage, giving an investor a clear, low-cost path to force appreciation and boost returns well beyond current in-place income. Opportunities like this, fully leased, diversified, and positioned for upside, don't sit on the market long. Schedule your showing today.

83 Central Avenue, Albany

$2,300,000

10 Beds ⋅ 11 Baths ⋅ 202622723 MLS

(162-170 Jefferson St) is 8 apartments + The Palais Royale Bar & Grill, a well-known successful neighborhood institution since 1931. The sale includes 4 adjoining buildings, the bar, the business & all FFE. Full kitchen w/ halon fire suppression. 162: 2 units/3BR. 164: Palais Royale + 1BR apt above. 166: 2 units/2BR each unit. 168: 3 units -- 2 upstairs apts (3BR total). First floor is an open 1,860 sqft ground-floor commercial space (currently owner's residence) featuring hardwoods, a private bar & high ceilings. 168 is zoned mixed use commercial so someone could be creative with that space. Coffee shop/bakery? 24/7 income potential. Ideal for investors, owner-operators, or developers. The buildings are steps from state government offices, ESP and the NYS Museum. Don't miss this rare downtown Albany assemblage that includes a beloved piece of Albany history.

162-170 Jefferson Street, Albany

$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 the bar, the business & 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) + open 1,860 SF ground-floor commercial space (currently owner's residence) featuring hardwoods, a 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, Albany

$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, Cohoes

$2,149,000

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, Albany

$8,490,000

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, Albany

$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, Colonie

$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, Colonie

$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, Westerlo

$150,000

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, Albany

$489,000

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, Bethlehem

$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, Albany

$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, Colonie

$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, Altamont

$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, Guilderland

$1,875,000

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, Bethlehem

$139,000

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, Albany

$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, Colonie

$749,000

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, Albany

$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, Albany

View All Latest Albany 5000+ Sq. Ft. Properties for Sale

5000+ Sq. Ft. Albany Real Estate

How much is your home worth?

How much is your home worth?