Quick Albany NY MLS Search

Browse All Albany NY Under $200K Properties for Sale

$175,000
1 Beds 1 Baths 202622223 MLS
Experience the perfect blend of historic character and modern living at the iconic Quackenbush School, a beautifully restored 1883 landmark in the heart of downtown Albany. This distinctive one-bedroom, one-bath loft-style condominium showcases dramatic 16-foot ceilings, oversized 11-foot arched windows, and original hardwood floors, creating a bright, open space filled with timeless architectural charm. Freshly painted in crisp white, the interior feels light, airy, and move-in ready. The spacious loft-style bedroom overlooks the living area below, offering a true urban loft feel while maintaining comfort and privacy. Recent updates include a brand-new central heating and air conditioning system and new water heater, providing peace of mind and modern efficiency. Natural light pours through the impressive windows, highlighting the home's unique historic features and open layout. The unit also includes one assigned parking space, ample guest parking, and a private storage area, making everyday living as practical as it is distinctive. Located just steps from the Palace Theatre, Capital Repertory Theatre, downtown restaurants, cafés, entertainment, parks, and the Albany Riverfront, with easy access to major highways, this exceptional condominium offers an unbeatable lifestyle in one of the city's most recognizable historic buildings. Whether you're looking for your first home, a downtown retreat, or a unique investment opportunity, this one-of-a-kind residence delivers the perfect combination of history, style, and convenience. Simply move in and enjoy everything downtown Albany has to offer.

206 N Pearl Street APT 102

$175,000
2 Beds 2 Baths 202618221 MLS
Charming Onderdonk Lake Retreat - Perfect Summer Home or High-Potential Airbnb! Picture yourself relaxing on your private front porch, taking in the sweet fragrance of blooming lilacs and the crisp lake breeze. Whether you are searching for the ultimate summer getaway, a turnkey year-round residence, or a lucrative short-term rental opportunity, this Onderdonk Lake gem delivers on every level. Situated just around the corner from the water, this home offers the quintessential lakeside lifestyle. Spend your mornings kayaking, walking or strolling to the nearby public lake and beach access. Ideal Layout for Guests: The bright, open-concept kitchen and living area is perfect for entertaining. The home features two comfortable bedrooms, two full bathrooms, and a versatile upstairs bonus room--ideal for an extra guest space, game room, or home office to maximize rental income. Recent Mechanical Updates: Enjoy peace of mind with significant recent upgrades, including a brand-new furnace (October 2025), a cozy pellet stove with a 150 lb hopper (August 2023), and a hot water heater (2022). Propane heat ensures year-round comfort. Prime Location: Steps from local favorite dining spots like Maple on the Lake and the Shel Inn. Surrounded by stunning state parks and land preserves, guests and owners alike will love the endless hiking and biking trails. Don't miss out on this versatile lakeside property with incredible income potential or personal enjoyment value! Financing Note: Sellers will entertain cash and conventional financing only.

262 Lake Road

Start Your Search

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated

Under $200K Albany Real Estate

Our website features the best real estate search for under $200k properties available in Albany and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!