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$275,000
2 Beds 3 Baths 202623676 MLS
Welcome to 149 Lancaster Street, Unit 2, a grand two-bedroom, 1 full-bath & 2 half-bath condominium in Albany's coveted Center Square neighborhood. Located within a beautiful historic townhouse, this spacious upper-level residence offers abundant natural light, generous living areas, and timeless architectural character. A standout feature is the private rooftop deck, offering a unique outdoor retreat and the perfect spot to relax, entertain, or enjoy spectacular views and fireworks over the city. Just steps from Washington Park, Lark Street, restaurants, shops, Albany Medical Center, and downtown, this exceptional home offers the perfect blend of historic charm, modern city living, and an unbeatable location.

149 Lancaster Street 2, Albany

$230,000
4 Beds 2 Baths 202623556 MLS
A charming home that offers the space, comfort, and convenience you've been looking for. Tucked away on a peaceful residential street, this property is ideally located near everyday essentials, dining, shopping, schools, and major routes for easy commuting across the Capital Region. Inside, you'll find a warm, inviting layout designed for both everyday living and entertaining. Bright rooms, generous living space, and a flow that makes day-to-day routines effortless set the tone the moment you arrive. Whether you're relaxing at home, hosting friends and family, or enjoying quiet evenings, this home provides the versatility to fit your lifestyle. Step outside and enjoy the opportunity to make the yard and outdoor space your own--perfect for morning coffee, summer gatherings, or creating your ideal outdoor retreat.

49 Ramsey Place, Albany

$899,900
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

$259,900
8 Beds 2 Baths 202623201 MLS
Excellent opportunity for both investors and owner-occupants! This spacious two-family property features two 4-bedroom units, offering exceptional income potential and flexible living arrangements. The first-floor unit is occupied by a long-term tenant paying $2,000 per month through a full assistance program, providing reliable rental income from day one. The second-floor unit is vacant, giving buyers the opportunity to move right in or lease it at current market rent to maximize cash flow. With generous room sizes, separate living spaces, and strong investment potential, this property is ideal for building equity while offsetting your mortgage or expanding your rental portfolio. Conveniently located near downtown Albany, major highways, shopping, restaurants, schools, hospitals, and public transportation, this is a versatile property you won't want to miss!

19 Stanwix Street, Albany

$334,000
3 Beds 4 Baths 202623045 MLS
Opportunity awaits, 2 FAMILY POTENTIAL. 50 years of cherished single family ownership, this stunning Victorian home, timeless character is ready to welcome a new owner/investor. New gourmet kitchen with premium Bosch appliances, new boiler, new chimney liner, roof and front porch maintenance, repairs in progress. Three full bathrooms -- one conveniently located on each floor. 2nd and 3rd floors each offer partial kitchens. Spacious living areas including an elegant living room, a charming library with a cozy window seat, and an oversized formal dining room perfect for gatherings. There is room for everyone, with additional living space available on the third floor. Unwind on the private back deck or relax on the inviting front porch. Ideally located near hospitals, shopping, restaurants, entertainment, and just steps from three bus lines, this exceptional Victorian blends historic charm with modern comfort in a truly convenient location. Home is currently assessed at $389,900. Listing agent will assist the buyer to file a tax grievance, May 2027. Ductless A/C to be sold as is, operating but older units. Electric thermostat, baseboard heat on the 3rd floor, sold as is.

52 S Allen Street, Albany

$368,000
3 Beds 3 Baths 202622886 MLS
OPEN HOUSE FRIDAY 08/07 FROM 05-7PM. In the heart of Albany's vibrant Center Square neighborhood, this well maintained historic duplex offers timeless character, flexible living space, and an exceptional location. High ceilings, hardwood floors, original architectural details, and decorative fireplaces create warmth and personality throughout. The first unit spans two levels and features an open, spacious layout, 1.5 baths, in unit laundry, and an updated kitchen with stainless steel appliances. Both units enjoy access to a private, fenced backyard a peaceful retreat in the middle of the city. Just moments from Washington Park, Empire State Plaza, restaurants, cafés, entertainment, and the many conveniences of Lark Street. Whether you are looking to owner occupy while generating rental income, expand your investment portfolio, or enjoy the flexibility of a two family property, 282 Lark Street is a rare opportunity to own a piece of Albany's history.

282 Lark Street, 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

$275,000
202622605 MLS
3 acres of Rural Light Industrial zoned land just south of the Port of Albany, offering one of the Capital Region's most affordable light industrial land opportunities. Significant River Road frontage with public water available. Zoning supports a wide range of uses including contractor's shop, distribution, vehicle repair/towing, self-storage, garage, warehouse, and manufacturing. Excellent access - minutes from I-787 (Exit 2) via Southern Blvd., with quick connections to downtown Albany, the Port of Albany, and the regional highway network. Current owner plans on clearing the land, delivering a site ready for your development plans. Priced at $275,000 ($83.333/acre). Rare chance to secure well-located, affordably priced industrial land in the Port of Albany corridor.

225 River Road, Albany

$675,000
3 Beds 4 Baths 202622313 MLS
Originally constructed as a historic carriage house, 2 Spring Street has been completely reimagined as a distinctive modern residence on a rare double lot in Center Square, Albany. The thoughtfully designed home offers 3 bedrooms, including 2 en-suite, 3.5 bathrooms, and a flexible den/home office, with one bedroom opening to a charming Juliet balcony. Hardwood floors extend throughout the first floor, Marvin Ultimate windows provide abundant natural light, and generous closets and exceptional storage space add everyday functionality throughout the home. At the heart of the residence is a chef's kitchen featuring an oversized island, extensive cabinetry, generous counter space, and a complete appliance package including a washer and dryer. Year-round comfort is provided by a Samsung ducted heat-pump system for heating and cooling, complemented by major improvements including a new roof and a building envelope insulated with closed-cell spray foam. The exterior is equally impressive, with a gated paver driveway providing parking for at least two vehicles, an EV charger, hot tub, custom-built cedar shed, paver patio, and newly installed lawn. The property is prewired for exterior security cameras. Blending the character of a historic carriage house with modern systems, thoughtful design, private parking, and exceptional outdoor space, 2 Spring Street offers a rare opportunity to enjoy distinctive Albany living on a double lot.

2 Spring Street, Albany

$250,000
5 Beds 3 Baths 202622293 MLS
Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!

97 3rd Avenue, Albany

$8,750,000
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

$230,000
3 Beds 2 Baths 202622195 MLS
PRICE REDUCED TO $230,000! Don't miss this exceptional opportunity at 78 Whitehall Road in Albany! This versatile 3+ bedroom, 2-bath home offers flexibility, updates, and a convenient location--making it an excellent choice for an owner-occupant, multi-generational household, or buyer looking for additional living space. A standout feature is the private in-law suite, offering a flexible space for extended family, guests, a home office, or additional living accommodations. The home offers comfortable living areas, spacious bedrooms, plenty of storage, and thoughtful updates throughout. Outside, you'll appreciate the 2-car garage and generous off-street parking, providing plenty of room for vehicles, guests, or additional storage. The property sits on approximately 0.17 acres in a convenient Albany location. Enjoy easy access to Albany Medical Center, St. Peter's Hospital, Albany Law School, Albany College of Pharmacy, SUNY Albany, shopping, restaurants, major highways, and downtown Albany. Whether you're looking for a home close to work and school or an investment with flexible living possibilities, this property offers tremendous value at its new price. Now offered at just $230,000! A significant price improvement makes this an opportunity you won't want to overlook. Schedule your showing today and see the possibilities at 78 Whitehall Road!

78 Whitehall Road, Albany

$599,000
8 Beds 6 Baths 202622021 MLS
Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

55 Ten Broeck Street, Albany

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