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$555,000
4 Beds 3 Baths 202614479 MLS
Spacious Victorian townhome in Albany's Center Square neighborhood is ''turn key''. Tasteful updates and modern amenities blend nicely with the numerous historic architectural details that remain. The large living room, with period crown moldings, beautiful mantle mirror and marble fireplace, opens into a dining area and updated eat-in kitchen. A perfect floor plan for entertaining!! Large 2nd floor bedroom has charming bay window, gas stove and spacious closet. Washer/dryer conveniently located on second floor. Antique lighting fixtures throughout first and second floor!! Newly renovated basement level is currently being used by owners as additional living space but may be easily converted to an income apartment if desired. Beautifully landscaped back yard. New heat/hot water system (Gas Fired - 2 Zone Laars Mascot 95% Combination Boiler/Hot Water Heater). Neighborhood residential parking permit is $20/year. Property tax includes garbage pickup fee for 2 units ($360/year). School tax does not reflect STAR exemption. Below Grade Finished Area (Garden Level) has been added to Above Grade Finished Area For Total Finished Area of 2,712 sq.ft.

165 Lancaster Street

$575,000
3 Baths 202613128 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

$599,000
2 Beds 5 Baths 202612819 MLS
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.

204 Lancaster Street

$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

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