Mycapitalregionhomes.com Search Results

$325,000

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

5 Beds ⋅ 4 Baths ⋅ 202622792 MLS

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

90 Madison Avenue

$2,300,000

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.

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

$18,000

Empty residential building lot ready for your building vision

202622283 MLS

Empty residential building lot ready for your building vision

359 Sherman Street

$169,999

Great Investment Opportunity!!!! Property Sold AS-IS!! Cash offers only. There is no gas or water in the house, and a couple of pipes burst because of the cold winter.

4 Beds ⋅ 2 Baths ⋅ 202621907 MLS

Great Investment Opportunity!!!! Property Sold AS-IS!! Cash offers only. There is no gas or water in the house, and a couple of pipes burst because of the cold winter.

173 2nd Avenue

$368,000

Located within Albany's historic Mansion District, just steps from the Governor's Mansion and minutes from downtown offices, this well-maintained 3 unit property offers an exceptional investment opportunity in one of the city's most recognizable neighborhoods. Building features include hardwood floors, ceramic tile, stainless steel appliances, newer boiler, new hot water tank, plus each unit has a washer/dryer and a bonus room (office/storage/etc) - amenities tenants appreciate! Just minutes from downtown Albany and close to a neighborhood park, this location adds to the property's strong investment appeal. Well-maintained, well-located, and well-equipped, this is an excellent addition to any investment portfolio! *Pictures show vacant units but all apartments are rented.

3 Beds ⋅ 3 Baths ⋅ 202621657 MLS

Located within Albany's historic Mansion District, just steps from the Governor's Mansion and minutes from downtown offices, this well-maintained 3 unit property offers an exceptional investment opportunity in one of the city's most recognizable neighborhoods. Building features include hardwood floors, ceramic tile, stainless steel appliances, newer boiler, new hot water tank, plus each unit has a washer/dryer and a bonus room (office/storage/etc) - amenities tenants appreciate! Just minutes from downtown Albany and close to a neighborhood park, this location adds to the property's strong investment appeal. Well-maintained, well-located, and well-equipped, this is an excellent addition to any investment portfolio! *Pictures show vacant units but all apartments are rented.

175 Eagle Street

$484,900

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

10 Beds ⋅ 3 Baths ⋅ 202620596 MLS

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

117 4th Avenue

$479,000

Brick ranch in Albany's desirable, walkable neighborhood -- just minutes to places of worship, shops and eateries. This bright, spacious home features four bedrooms, 2 full baths on the main level, living and dining rooms, and an eat-in kitchen. Lower level offers a large family/play room, office, full kitchen and full bath, and a separate entrance ideal for an in-law suite. Two-car garage. Make this versatile, move-in ready property yours! Brand new luxury vinyl plank floors in downstairs living area! Downstairs living space an additional 1675 sf!

3 Beds ⋅ 3 Baths ⋅ 202620252 MLS

Brick ranch in Albany's desirable, walkable neighborhood -- just minutes to places of worship, shops and eateries. This bright, spacious home features four bedrooms, 2 full baths on the main level, living and dining rooms, and an eat-in kitchen. Lower level offers a large family/play room, office, full kitchen and full bath, and a separate entrance ideal for an in-law suite. Two-car garage. Make this versatile, move-in ready property yours! Brand new luxury vinyl plank floors in downstairs living area! Downstairs living space an additional 1675 sf!

413 Hackett Boulevard

$419,900

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

3 Baths ⋅ 202620096 MLS

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

407 Central Avenue

$274,900

PRICE IMPROVEMENT! Exceptional mixed-use investment or owner-user opportunity located directly across from Tricentennial Park in one of downtown Albany's most walkable corridors. Beginning August 15, both the street-level commercial space and second-floor one-bedroom apartment will be delivered vacant, allowing the next owner to establish market rents, occupy the commercial space, or create a live/work arrangement. The street-level commercial space offers excellent visibility, steady pedestrian traffic, and existing restaurant infrastructure, including a built-in commercial kitchen hood, grease trap, and private restroom, while remaining adaptable for restaurant, café, bakery, retail, office, professional services, salon, or other permitted commercial uses. The second-floor one-bedroom apartment provides an excellent opportunity for rental income or owner occupancy. Additional highlights include a roof replaced in August 2020 and convenient access to downtown businesses, restaurants, government offices, public transportation, and major highways. Both the commercial space and apartment are also being offered for lease, providing additional flexibility for investors, owner-occupants, and prospective tenants. Both the commercial space and residential apartment are also available for lease, providing additional flexibility for investors, owner-occupants, and prospective tenants. Property is being sold AS-IS. Buyers should perform their own due diligence. Showings by appointment only.

2 Baths ⋅ 202613937 MLS

PRICE IMPROVEMENT! Exceptional mixed-use investment or owner-user opportunity located directly across from Tricentennial Park in one of downtown Albany's most walkable corridors. Beginning August 15, both the street-level commercial space and second-floor one-bedroom apartment will be delivered vacant, allowing the next owner to establish market rents, occupy the commercial space, or create a live/work arrangement. The street-level commercial space offers excellent visibility, steady pedestrian traffic, and existing restaurant infrastructure, including a built-in commercial kitchen hood, grease trap, and private restroom, while remaining adaptable for restaurant, café, bakery, retail, office, professional services, salon, or other permitted commercial uses. The second-floor one-bedroom apartment provides an excellent opportunity for rental income or owner occupancy. Additional highlights include a roof replaced in August 2020 and convenient access to downtown businesses, restaurants, government offices, public transportation, and major highways. Both the commercial space and apartment are also being offered for lease, providing additional flexibility for investors, owner-occupants, and prospective tenants. Both the commercial space and residential apartment are also available for lease, providing additional flexibility for investors, owner-occupants, and prospective tenants. Property is being sold AS-IS. Buyers should perform their own due diligence. Showings by appointment only.

54 James Street

$8,000,000

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).

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

$399,900

1306 Broadway, Albany is over 4200 square feet of retail, manufacturing, or warehouse space with reception and office. Located in Albany's revitalizing warehouse district, there is a ton of opportunity and growth. Directly across from The Loft's at One Broadway, over 10,000 cars per day, and directly on a number of bus routes. Zoned C1 the building lends itself to a variety of uses. The sale includes the vacant lot behind the property which has 25' of frontage on Lindbergh which could potentially be additional parking, storage, or egress. Would be a great for car detailing, contractor, auto repair, personal or business services, a great location to start or expand your business. 2 heating systems, full bath, and tons of storage.

1 Baths ⋅ 202612366 MLS

1306 Broadway, Albany is over 4200 square feet of retail, manufacturing, or warehouse space with reception and office. Located in Albany's revitalizing warehouse district, there is a ton of opportunity and growth. Directly across from The Loft's at One Broadway, over 10,000 cars per day, and directly on a number of bus routes. Zoned C1 the building lends itself to a variety of uses. The sale includes the vacant lot behind the property which has 25' of frontage on Lindbergh which could potentially be additional parking, storage, or egress. Would be a great for car detailing, contractor, auto repair, personal or business services, a great location to start or expand your business. 2 heating systems, full bath, and tons of storage.

1306 Broadway

$950,000

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.

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

$2,000,000

Welcome to this stunning brick church, originally built in 1916 and thoughtfully updated for modern use. Ideally situated just off Central Avenue in Albany, this prime property offers over 20,000 square feet of beautifully finished space. Recent upgrades include a brand-new roof (2025), remodeled bathrooms, new flooring, updated carpeting, and more—making this a true turn-key opportunity. The sanctuary boasts a seating capacity of up to 400, with over 20 versatile rooms throughout the building, including offices, classrooms, and meeting spaces. The property also features a full commercial kitchen and a second, standard kitchen on the upper level, offering exceptional functionality for a variety of uses. Ample off-street parking is available for 50+ vehicles, with additional on-street parking nearby. Whether you're looking for a worship space, community center, or event venue, this historic yet updated property is the one you've been waiting for.

5 Baths ⋅ 202527844 MLS

Welcome to this stunning brick church, originally built in 1916 and thoughtfully updated for modern use. Ideally situated just off Central Avenue in Albany, this prime property offers over 20,000 square feet of beautifully finished space. Recent upgrades include a brand-new roof (2025), remodeled bathrooms, new flooring, updated carpeting, and more—making this a true turn-key opportunity. The sanctuary boasts a seating capacity of up to 400, with over 20 versatile rooms throughout the building, including offices, classrooms, and meeting spaces. The property also features a full commercial kitchen and a second, standard kitchen on the upper level, offering exceptional functionality for a variety of uses. Ample off-street parking is available for 50+ vehicles, with additional on-street parking nearby. Whether you're looking for a worship space, community center, or event venue, this historic yet updated property is the one you've been waiting for.

585 Central Avenue

$649,900

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

5 Baths ⋅ 202523508 MLS

Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

197 Lark Street