Albany Homes with Cleared Lot Description

Welcome to Albany, New York – a city steeped in rich history, vibrant culture, and a welcoming community spirit! As the capital of New York State, Albany boasts a unique blend of historic charm and modern amenities. Nestled along the banks of the majestic Hudson River, this city is not only a political hub but also a thriving center for education, arts, and commerce.

Albany is known for its stunning architecture, with landmarks such as the New York State Capitol and the Empire State Plaza showcasing its historical significance. The city is home to a variety of parks and recreational areas, offering residents ample opportunities for outdoor activities, from leisurely strolls along the riverfront to hiking in nearby natural reserves. The diverse culinary scene and numerous cultural events throughout the year make Albany an exciting place to live for individuals and families alike.

For those seeking a perfect place to build their dream home, Albany offers a range of properties with cleared lots ready for construction. These cleared lots provide a blank canvas for your vision, allowing you to design and create a home that reflects your personal style and preferences. Imagine waking up in a space tailored just for you, surrounded by the vibrant community and rich heritage of Albany.

With its convenient location, excellent schools, and an array of local attractions, Albany is the ideal setting for your new home. Discover the possibilities today and let Albany welcome you to your new beginning!

Newest Albany Homes with Cleared Lot Description

$379,900

5 Beds ⋅ 4 Baths ⋅ 202626161 MLS

LOCATION LOCATION LOCATION! An exceptional opportunity to own a fully rented four-unit property in one of Albany's most convenient and desirable locations! Ideally situated on New Scotland Av, this property places tenants just moments from St. Peter's Hospital and within easy reach of some of Albany's best locally owned restaurants, shops, services, parks, and everyday amenities. With so much nearby, the location offers the accessibility and neighborhood appeal that continues to make this area highly sought after. The property offers a total of five bedrooms plus a den across four units, providing a versatile mix of living spaces and a strong established rental opportunity. Additional highlights include a two-car garage, coin-operated laundry for tenant convenience, and a newer boiler installed in 2021. Separate electric panels and gas meters for cooking gas add to the property's functional setup, while the seller provides heat and hot water. Fully occupied and positioned in a location where four-unit properties rarely become available, this is an exceptional opportunity to add a well-established Albany multifamily property to your portfolio. Whether you're looking to expand an existing investment portfolio or secure a property in a highly convenient New Scotland location, this one stands out for its combination of location, income potential, and long-term appeal.

341 New Scotland Avenue, Albany

$625,000

3 Baths ⋅ 202626017 MLS

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

165 Madison Avenue, Albany

$249,900

3 Beds ⋅ 1 Baths ⋅ 202625981 MLS

Come see this perfect starter home on a quiet, dead-end street in the Melrose neighborhood of Albany! The home has been lovingly maintained over the years and features a living room, a dining room, a retro kitchen, a full bathroom and two bedrooms on the first floor. Upstairs is the large 3rd bedroom. Featuring a cleared, level lot and a detached garage. Located just minutes to RT 85, the uptown SUNY campus, and all of the amenities and attractions downtown Albany has to offer!

34 Van Buren Street, Albany

$349,990

3 Beds ⋅ 2 Baths ⋅ 202625976 MLS

This gorgeous brick Colonial in Albany's Melrose neighborhood has been meticulously maintained and updated. It is just steps from Rosemont Park, offers easy highway access and is minutes from all the dining and entertainment Albany offers. Step inside through your welcoming foyer into the large living room with gleaming wood floors and a wood-burning fireplace. Set the table for your guests in the dining room, grab a snack at the breakfast bar or relax in the family room boasting vaulted ceilings, exposed brick, a garden window and access to the backyard and two-car garage. Upstairs, you'll find a large primary bedroom, a full bathroom with a tiled shower and two additional bedrooms. Additional features include a half bath on the first floor, new flooring in the kitchen and half bath, a shiplap backsplash in the kitchen, updated lighting throughout, a brand new on demand hot water heater, a 9 year old boiler, a newer roof, a partially finished basement, new windows in the family room and basement and so much more!

136 Rosemont Street, Albany

$179,900

3 Beds ⋅ 1 Baths ⋅ 202625695 MLS

Welcome to this spacious three-bedroom, one-bath home located on a quiet street in Albany. The home features hardwood floors throughout, a bright enclosed front porch, and plenty of original character, including a beautiful clawfoot tub. Outside, you'll find a nice backyard and a detached two-car garage offering additional parking and storage. Conveniently located near shopping, restaurants, and major roadways, this well-cared-for home has a warm, comfortable feel and is ready for its new owners.

19 Bogart Terrace, Albany

$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.

141 S Allen Street, Albany

$399,000

9 Beds ⋅ 3 Baths ⋅ 202625522 MLS

This Solid Brick Three Unit includes in the price, 536 N Pearl that the house sits on, 538 N Pearl, and 540 N Pearl vacant lots. 538 & 540 N Pearl are zoned Two Family Residential. As for 536 N Pearl it features Three apartments that were originally remodeled by an owner occupied which makes for some unique details of tiles work throughout and unit one featuring a garden tub and coffered livingroom ceiling. Brings in just over $50k/year in annual income.

536-540 N Pearl Street, Albany

$234,900

3 Beds ⋅ 1 Baths ⋅ 202625398 MLS

Offers due by 2pm on Sunday! You NEED to see this home! Fresh updates, a convenient location, and room to make it your own- this 3-bedroom home has it all! Set on a beautifully sized .21 - acre lot, there's plenty of room outside to make the most of, while inside, the move-in-ready home features fresh paint and brand-new carpet throughout. The partially finished basement offers additional flexible space for a home office, recreation area, or storage. The 1 car garage provides valuable off-street parking, secure storage, and added everyday convenience. Several major updates offer added peace of mind, including a heating system just 4 years old, a hot water tank just 3 years old, and a dryer just 3 years old. Conveniently located just minutes from downtown Albany, Stuyvesant Plaza, and SUNY Albany, you'll enjoy easy access to shopping, dining, entertainment, and more. Whether you're looking for your first home, your next chapter, or an investment property, this one offers an excellent opportunity. Showings begin Saturday at the open house!

36 Pleasantview Avenue, Albany

$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

$369,900

8 Beds ⋅ 2 Baths ⋅ 202625156 MLS

Great income-producing two-family property in a convenient desirable Washington Avenue location! Conveniently located near Albany High School, major national chains, public transportation, with easy access to the University at Albany. The updated first-floor unit offers an excellent opportunity for an owner or investor, while the second-floor unit is currently rented for $2,000/month to a reliable, great-paying tenant. With the vacant first floor, make it owner occupied or a solid income potential projected for $4,000/month in total rental income.

545 Washington Avenue, Albany

$299,900

4 Beds ⋅ 2 Baths ⋅ 202624911 MLS

Great opportunity for investors looking to add a solid two-family property to their portfolio in a desirable Albany location! Conveniently located close to shopping, dining, entertainment, major roadways, and everything Albany has to offer. Not to mention down the street from University at Albany's downtown Campus! Each unit offers 2 bedrooms and 1 full bath. The upper unit was recently turned over and previously rented for $1,700/month, while the lower unit was rented for $1,500/month. Both units have a history of long-term occupancy, with the previous tenants in place for approximately 3 and 9 years. An additional bonus for investors is the property's 10-space parking lot, which provides potential for additional rental income by leasing spaces to nearby residents. A great opportunity for an investor seeking rental income, value-add potential, and additional income streams in a convenient Albany location!

473 Washington Avenue, 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

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