Albany NY 2500+ Sq. Ft. Real Estate, Homes, Condos for Sale

5 Beds ⋅ 6 Baths ⋅ 202628971 MLS

46 Willett Street, located directly on Albany's Washington Park, features 6 units (5 one-bedrooms, 1 studio) generating $7,920/month in total rent or $95,040 annually. Units feature separate electric meters, with tenants responsible for electricity and electric cooking/stove usage. Landlord pays heat and hot water, which is all on one commercial unit. Excellent upside potential with room to add an additional parking spot in the rear. Tours will be Thursday the 29th from 10AM-2PM Rent Roll Garden Front One Bedroom $1,130 Garden Rear (rent includes parking spot) One Bedroom $1,235 Studio $875 1R One Bedroom $1,575 2 One Bedroom $1,735 3 One Bedroom $1,370

46 Willett Street, Albany

$565,000

8 Beds ⋅ 4 Baths ⋅ 202628845 MLS

Investors, take notice! Welcome to 474 Madison Avenue, a turnkey 4-unit apartment building located in the heart of Albany! Offering approximately 4,680 sq. ft. of building space on a 0.06-acre lot, this property presents a great opportunity to add to your investment portfolio. As an added benefit, the seller will provide a brand-new natural gas boiler serving the entire building, professionally installed and warrantied by Crisafulli Bros. prior to closing. Conveniently located near Washington Park, local restaurants, shopping, and public transportation. Don't miss your chance to explore all this Albany investment property has to offer!

474 Madison Avenue, Albany

$210,000

6 Beds ⋅ 2 Baths ⋅ 202628836 MLS

Sold before print. Each flat is almost 1,400SF. Two family with 3 bedrooms in each flat. Updates include: bathrooms, kitchens, boiler, flooring, some windows, laundry, electrical, plumbing, roof and more! All done in last 6 years. Rent is currently $1,391 for the first floor (way under HUD fair market rent) and 2nd floor left vacant for the new owner. HUD fair market rental price for zip code 12210 for 2026 on a 3-bedroom flat is more than $1900 per month. The 2nd floor has washer & dryer in the unit and bonus room w/ extra storage room on back porch. The basement has washer & dryer for the 1st floor apartment.

195 Livingston Avenue, Albany

$1,699,999

202628832 MLS

Development opportunity! Prime Albany Mixed-Use Investment Opportunity: In-Place Income + Approved 18-Unit Residential Development w/ building permit in place, ready for work to begin. Fully leased commercial space providing strong, reliable in-place income, fully approved for 18 unit residential development. Conveniently located close to bus line, close proximately to highways, downtown, hospitals, grocery stores and so much more. Call owner directly for details & showings 518-857-0678

226 N Allen Street, Albany

$1,349,900

6 Beds ⋅ 5 Baths ⋅ 202628823 MLS

Extraordinary custom ranch on a magnificently landscaped 1.3-acre Loudonville estate! Offering over 4,600 SF of luxurious main-level living, this one-of-a-kind residence showcases exceptional craftsmanship, exquisite finishes and architectural details throughout. A dramatic foyer opens to a breathtaking great room with soaring ceilings, custom moldings, striking beams, rich hardwood floors, built-ins, gas fireplace and abundant natural light. Multiple glass doors lead to a private terrace overlooking the expansive fenced backyard. The spectacular gourmet kitchen features GE Monogram appliances, marble countertops, generous prep space and a picture window framing the beautiful grounds and seasonal views. Spacious dining areas accommodate casual meals and elegant entertaining. An exceptionally versatile layout offers privacy and separation for guests or extended family. One wing features two bedrooms and a bath. The secluded primary retreat boasts vaulted ceilings, terrace access, an enormous walk-in closet and spa bath with jetted tub, multi-head shower, radiant heated floors and makeup vanity. A second owner's suite offers a private exterior entrance, walk-in closet, adjoining office and marble bath. An additional bedroom with en-suite bath and convenient first-floor laundry complete the main level. A separate entrance near the attached two-car garage leads to a hidden second-floor bonus retreat with two rooms, full bath and kitchenette—ideal for guests, office or flexible use. An unfinished basement offers further possibilities. The oversized detached one-car garage presents potential for a future pool house, subject to approvals. Gorgeous manicured grounds offer ample room to envision a pool or recreational court. A truly distinctive Loudonville offering!

284 Loudon Road, Albany

$430,000

6 Beds ⋅ 3 Baths ⋅ 202628815 MLS

Take advantage of this versatile, well-maintained two-family property offering excellent income potential and flexible living arrangements! Whether you're looking to generate rental income or offset your mortgage by living in one unit and renting the other, this property offers plenty of possibilities. The first-floor unit features 3 bedrooms, 2 full bathrooms, a living room, dining room, and an additional rear area for living space, and it leads to a lovely deck—perfect for enjoying outdoor space. . The second-floor unit offers 3 bedrooms, 1 full bathroom, a living room, dining room, and an enclosed front porch that provides additional versatile space. The property also features a clean, dry basement with ample storage potential, off-street parking, coin-operated laundry, and separate utilities—all valuable amenities for both residents and property owners. Conveniently located near hospitals and the SUNY campus, this property offers an appealing location for homeowners and potential tenants alike. Live in one unit and rent the other, or add this promising property to your investment portfolio! Don't miss this opportunity to own a well-maintained two-family home with plenty of potential.

638 Providence Street, Albany

$324,000

6 Beds ⋅ 3 Baths ⋅ 202628676 MLS

Located in Albany's historic Mansion District, 101 Philip Street is a three-unit property offering an excellent opportunity for investors and owner-occupants alike. The building features three two-bedroom apartments and was extensively renovated in 2015 with all new building systems, including plumbing and heating, as well as updated kitchens and bathrooms. Each apartment features wood flooring and in-unit laundry. Utilities are separately metered, with tenants responsible for their own heat. Additional amenities include a shared backyard and convenient access to Empire State Plaza, the State Capitol, and downtown Albany. One apartment is currently leased at $1,450 per month, with the remaining two units vacant, offering immediate leasing flexibility or an opportunity for owner-occupancy. Projected gross rental income is $49,680 annually ($4,140/month) based on estimated market rents.

101 Philip Street, Albany

$1,150,000

12 Beds ⋅ 6 Baths ⋅ 202628618 MLS

Excellent opportunity to acquire a 6-unit multifamily portfolio with an adjoining vacant lot in the heart of downtown Albany! Featuring two three-family buildings at 341 and 364 Madison Avenue, this investment offers a desirable mix of newer construction and updated apartments. 364 Madison, built in 2020, features spacious modern layouts, open-concept living, contemporary kitchens, central air, and in-unit laundry. Both properties offer strong rental income and attractive layouts in a highly desirable downtown location. The adjoining vacant lot at 366 Madison provides additional flexibility and potential. Conveniently located near the NYS Capitol, Empire State Plaza, restaurants, and downtown amenities. Portfolio sale only!

364-366 Madison Avenue, Albany

$469,900

4 Beds ⋅ 2 Baths ⋅ 202628572 MLS

Two Family Albany, NY. Nestled off of New Scotland Avenue in Albany's Upper Part, this two-family home offers a rare and quiet invitation. First floor offers a large living room and cozy fireplace. Formal dining room, two comfortable bedrooms: the primary is generous size, opens to a large walk-in closet and a three-season room, An ideal nook for morning coffee. Full basement holds possibilities and includes the laundry room. Second unit includes a combined living room open to the dining area. Two bedrooms, primary bedroom room leads to an extra room, possibilities for an office or laundry room. Attached garage. Plenty of parking space. Large backyard. Close to all shopping, hospitals, highways. The choice is yours to continue to rent or step into ownership for the future.

5 Berncliff Avenue, Albany

$309,900

6 Beds ⋅ 2 Baths ⋅ 202628552 MLS

Welcome to 238 Morris St, a versatile 2,616 sq ft. two-family offering six bedrooms and two full baths in Albany's convenient Park South neighborhood. Built in 1920 and thoughtfully updated, this property includes a newer roof, new heating system, new water line, updated kitchens, and in-unit laundry for both units. The property is completely vacant and easy to show. When rented, it generated $3,250 in monthly income, with room to grow. At a roughly 7% cap rate in a desirable area close to Washington Park, Albany Medical Center, Russell Sage and Albany Law on a quiet street, this is an attractive investment for investors and house-hackers alike. Schedule your showing today!

238 Morris Street, Albany

$139,000

6 Beds ⋅ 2 Baths ⋅ 202628385 MLS

Opportunity awaits at 528 1st Street in Albany! This two-family property offers 2,640 square feet of living space, featuring a total of 6 bedrooms and 2 full bathrooms. Both units generate $750 per month, providing a combined rental income of $1,500 monthly or $18,000 annually. Tenants are responsible for gas and electric, while the owner covers water. Built in 1890, this property presents an excellent opportunity for investors looking to expand their portfolio or add value through improvements. The property could benefit from cosmetic updates, giving the next owner the opportunity to make improvements and potentially increase rental income over time. Whether you're an experienced investor or looking to purchase your first multifamily property, 528 1st Street offers existing rental income and room for future growth. Schedule your showing today!

528 1st Street, Albany

$?

4 Beds ⋅ 4 Baths ⋅ 202628333 MLS

ATTENTION INVESTORS! AUCTION OPPORTUNITY! Four unit multifamily property located at 47 Sherman Street in Albany! Excellent opportunity for investors looking to expand their rental portfolio or add a multifamily asset with income potential. Conveniently located near downtown Albany, major roadways, shopping, dining and local amenities. Property is being sold strictly as is, with no representations or warranties. OCCUPIED PROPERTY! DO NOT DISTURB OCCUPANTS OR ATTEMPT TO ACCESS THE PROPERTY. TRESPASSING IS A CRIMINAL OFFENSE. Buyer responsible for all due diligence, including verification of property condition, unit configuration, occupancy and auction terms. Don't miss this investment opportunity!

47 Sherman Street, Albany

$280,000

4 Beds ⋅ 3 Baths ⋅ 202628258 MLS

Charming Albany Brownstone Triplex - Excellent Investment Opportunity! Own a beautiful brownstone triplex in a convenient downtown Albany location! Ideal for investors or owner-occupants, this property features three units, each with its own unique charm, hardwood floors, and eat-in kitchens. Unit 3 is vacant and ready for an owner-occupant or new tenant. Units 1 and 2 are occupied, with rent payments up to date. Recent updates include a newer rubber roof and hot water heaters. All units have separate electric meters and electric heat, with tenants responsible for their own electric costs. Conveniently located on a bus line and near Washington Park, local shops, restaurants, the Palace Theatre, and downtown amenities. Situated within an Albany Opportunity Zone, this property offers excellent potential to build equity and generate rental income. A fantastic opportunity to own a versatile, income-producing property in the heart of Albany!

432 Clinton Avenue, Albany

$1,100,000

14 Beds ⋅ 7 Baths ⋅ 202628215 MLS

Two adjacent buildings, 14 units, all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: current rents are below the $1,500-$1,600 area average for 2BRs. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Limited new supply. Stability plus growth potential. Financials available upon request. *921 Park Ave is being sold as a package deal with 917 Park Ave. Please refer to MLS #202628213 for the related listing.

921 Park Avenue, Albany

$1,100,000

14 Beds ⋅ 7 Baths ⋅ 202628213 MLS

Two adjacent buildings, 14 units, all 2BRs in Albany's Pine Hills. Fully occupied with strong in-place cash flow and immediate upside: current rents are below the $1,500-$1,600 area average for 2BRs. Walkable location near hospitals, colleges, and state offices drives consistent demand, low vacancy, and steady rent growth. Limited new supply. Stability plus growth potential. Financials available upon request. *917 Park Ave is being sold as a package deal with 921 Park Ave. Please refer to MLS #202628215 for the related listing.

917 Park Avenue, Albany

$409,900

3 Beds ⋅ 2 Baths ⋅ 202628123 MLS

Welcome to 3 Academy Rd, a 1925 Colonial offering 2,518 sq ft of freshly updated living space in one of Albany's most convenient locations. The first floor features new flooring throughout, a bright living room, a dining area with classic window detail, and a renovated kitchen with shaker cabinetry, stainless appliances, and plenty of counter space. A glass door off the main level opens to the level backyard. Upstairs you'll find 3 bedrooms and an updated full bath, with a half bath on the first floor for added convenience. Ductless mini splits provide efficient heating and cooling, along with natural gas hot water baseboard heat. A full basement offers great storage. Outside, enjoy a detached 2 car garage and paved driveway with parking for up to 5 vehicles, a rare find in the city. Public water and sewer. Just off New Scotland Ave, minutes to the medical and college corridor, shopping, dining, and major routes. Move in ready, schedule your showing today!

3 Academy Road, Albany

$375,000

6 Beds ⋅ 4 Baths ⋅ 202627964 MLS

60 Clinton Street, Albany, NY | Historic Charm & Income Potential Full of charm and character, this well-maintained property features exposed brick, unique repurposed details, and views of St. Joseph's Church and the New York State Capitol. Enjoy a prime downtown location within walking distance of Olde English, McGeary's, The Palace Theatre, and Capital Repertory Theatre. Currently generating $3,500/month in gross rental income, this property offers versatility for investors or owner-occupants, with potential for traditional rentals, traveling nurse housing, or Airbnb, subject to applicable local regulations and approvals. Notable Updates & Improvements: Electrical & Plumbing: Redone around 2006 during a previous owner's rehabilitation of the property. Roof & Exterior: Flat roof replaced (2024), new roof drain (2026), gutters replaced (2016), exterior brick repointing (2023), and backyard improvements. Mechanical & Utilities: Two gas furnaces replaced (2018-2019), all three unit water heaters replaced between 2021 and 2026, and house meter installed (2024). Interiors: Flooring, carpeting, painting, laundry room improvements, and additional updates throughout all three units. A distinctive downtown property combining historic character, ongoing maintenance, established rental income, and exciting possibilities!

60 Clinton Avenue, Albany

$2,399,000

5 Beds ⋅ 8 Baths ⋅ 202627949 MLS

Exceptional luxury residence offering exquisite craftsmanship, generous living spaces and resort-style amenities. Grand marble foyer, elegant formal dining room, refined parlor and spectacular two-story family room with soaring ceilings and expansive windows overlooking the pool. Gourmet kitchen features quartzite countertops, premium appliances, coffered ceiling and butler's pantry. First-floor guest suite with private bath, two powder rooms and laundry/mudroom. Five garage spaces, including heated attached and detached garages. Luxurious primary suite features a three-sided fireplace, private sitting room with wet bar, spa-inspired bath with radiant floors and custom his-and-her California Closets. Finished lower level offers a home theater, recreation room, full bar and wine cellar. Magnificent heated gunite pool with hot tub, waterfall, slide and grotto, surrounded by bluestone patios, outdoor kitchen and two-level pool house. Fire pit and children's play area complete this extraordinary property.

611 Bedford Square, Albany

$599,000

10 Beds ⋅ 202627945 MLS

In the PIne Hills section of Albany, a modernized, clean 4 unit with bright and useful commercial space on ground floor. Each unit is spacious and updated. Great investment opportunity with close proximity to Albany Medical Center, colleges and universities and the music and night life of Albany. Off-street parking.

864 Madison Avenue, Albany

$575,000

4 Beds ⋅ 4 Baths ⋅ 202627901 MLS

This well maintained and versatile property in the Guilderland School District can work for an investor, an owner occupant looking for some rental income or a large family. The all brick building is divided into 3 apartments plus a walkout basement with shared laundry room, 1/2 bath, storage area and a rec room with wood fireplace linked to the first floor apartment. The first floor unit has 2 bedrooms and 1 bath and plenty of living space plus access to a rec room in the basement with a fireplace, the two upstairs units have 1 bedroom and 1 bath each and the right side unit has a nice deck area over the garage with a second entrance. There is and attached 1 car garage plus an additional 2 car garage in the rear. Lots of hardwood floors throughout, some newer windows, a back-up generator for the first floor apartment. Public Water and Sewer and two electric services, one for the first floor and one for the second floor. Single gas hot water heating system. The property is being sold together with a vacant cleared lot (60'x100') kitty corner that fronts N Bridge Street (SBL 63.12-3-62). Can only be built on with variances but can be an extension to the back yard. A visit is necessary to fully appreciate everything this property has to offer.

10 Pine Street, Albany

$779,999

202627839 MLS

Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker. Rare owner-user opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF two-story brick building, built in 1993 and elevator served, delivers 5,600 SF of contiguous second floor space vacant at closing. Suites 201 (1,400 SF) and 202 (4,200 SF) convey broom clean, giving an occupant nearly half the building at a $63.93/SF basis. Three fixed-term leases remain in place through 2027 and 2029, and current ownership will lease back Suite 102 (2,800 SF), offsetting operating cost from day one. Documented 2025 operating expenses of $85,021, or $6.97/SF. 46 private paved spaces, 3.8 per 1,000 SF. Minutes to I-87, I-90, Wolf Road and Albany International Airport. Financials available under NDA. Contact listing broker.

409 New Karner Road, Albany

$8,489,000

202627830 MLS

Exceptional opportunity to acquire a +/-90,000 SF Class A office building in Downtown Albany. Built in 1999, the four-story property features efficient +/-22,500 SF floor plates, a traditional office buildout with private offices, open work areas and numerous conference rooms, plus a full cafeteria, fitness center and locker rooms. The property includes a 392-space gated parking lot (4.36 spaces/1,000 SF), two passenger elevators, one freight elevator and a loading dock. Excellent visibility from I-787 with approximately 88,000 vehicles per day and convenient interstate access. Situated on +/-4.0 acres with MU-CU zoning and adjacent to the recently constructed Hyatt Place. Expansive views of the Hudson River and Downtown Albany. Offered at $8,489,000 ($94.32/SF), significantly below replacement cost.

725 Broadway, Albany

$375,000

7 Beds ⋅ 4 Baths ⋅ 202627785 MLS

*** MULTIPLE OFFERS- Highest and best due on Thursday, October 15, 7PM*** An outstanding opportunity on Albany's vibrant Delaware Avenue! This four unit property offers the ideal combination of income potential, location and flexibility for investors and owner-occupants alike. The building features three 2-bedroom/1 bath apartments and one 1 bedroom/1-bath apartment, along with vinyl replacement windows throughout. A major bonus rarely found with city multifamilies: four garages available for tenant use, adding valuable convenience and rental appeal. The first-floor rear apartment is currently vacant, creating an excellent opportunity for an owner-occupant or allowing an investor to select their next tenant. This unit has been refreshed with a new kitchen floor, new refrigerator, new bathroom vanity and toilet, new blinds, plus an enclosed porch. Tenants also enjoy access to coin-operated shared laundry in the basement. And the location is hard to beat. Situated directly along the Delaware Avenue corridor, the property is convenient to neighborhood restaurants, shopping, services, downtown Albany and major employment centers, with CDTA bus service right along Delaware Avenue providing easy connections throughout the area. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, 227 Delaware Ave offers the versatility, amenities and location that make a multifamily property stand out.

227 Delaware Avenue, Albany

$600,000

4 Beds ⋅ 3 Baths ⋅ 202627716 MLS

Designed by and built for renowned mid-20th-century Albany architect Leon Einhorn, this spacious split-level brick home blends architectural pedigree with modern comfort. Set on one of Albany's most coveted streets, it offers a rare combination of timeless elegance, thoughtful design, and exceptional livability. Inside, exposed brick walls, vaulted ceilings, and gleaming maple floors create a warm yet sophisticated atmosphere. Large windows and skylights fill the home with natural light, highlighting generously proportioned rooms and an effortless flow from the living room to the dining room and into the renovated kitchen. The living room's gas fireplace adds both convenience and ambiance, while the kitchen opens to a sunroom with direct access from both the kitchen and dining room, creating a seamless indoor-outdoor connection and a serene spot for morning coffee or year-round relaxation. The lower level is thoughtfully divided into two distinct areas. One wing offers a versatile private suite with a full bath — ideal as a home office, guest quarters, media room, or second primary bedroom. The adjoining living area features a cozy wood-burning stove and walk-out access to the backyard, creating a comfortable retreat with a natural extension to the outdoor spaces. Outdoors, the private backyard oasis is designed for relaxation and entertaining. A concrete patio sits just steps from the house, perfect for outdoor dining, while a second patio surrounds the in-ground pool, offering a resort-like setting for summer enjoyment. This architect-designed home delivers character, space, and exceptional indoor-outdoor living in one of Albany's most desirable neighborhoods.

11 Marion Avenue, Albany

$3,800,000

202627660 MLS

This is a 6-property portfolio for sale, headlined by a 23,408ft2 office building at 747 Madison Ave. There are 17 apartment units included between 731 Madison Ave a 7-unit, 755 Madison Ave a 5-unit and 765 Madison Ave a 5-unit. There is a 4,000ft2 warehouse adjacent to the office building that is currently owner-user, and a 4 car garage next to the warehouse. Behind the large brick 7 unit at 765 Madison Ave is an undeveloped lot with an address on Hamilton St. The year EGI for the portfolio is $515,468, and the full financials will be provided upon request. The current ownership has held the properties for 20 years. Most of the apartment units and office spaces have been updated inside.

747 Madison Avenue, Albany

$514,900

4 Beds ⋅ 3 Baths ⋅ 202627496 MLS

Beautifully maintained gilded-style three-story townhome situated along one of Center Square's most coveted blocks. Conveniently accessible to off-street parking garage (directly across the street), Washington Park, Albany Medical Center & St. Peter's Hospital's, SUNY, Albany Law & Pharmaceutical campuses, Lark St corridor, state & legislative institutions, coffee shops, galleries, nightlife and an array of other desirable downtown entities. Spacious and spanning over 2,700+ SQFT across three aesthetically pleasing levels, this unique single-family residence features 3 bedrooms, 2 1/2 baths, modern amenities throughout, a private oasis-like backyard & more. Original details are still adorned throughout such as high ceilings, oversized windows, marble fireplaces, flooring, molding, mirrors, light fixtures, built ins, woodwork & more. Garden level can be used as an in-law suite, home office, creative space - the possibilities are endless. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of downtown Albany. Fun fact, this home was being considered to be featured in HBO's critically acclaimed ''Gilded Age'' series.

165 Lancaster Street, Albany

$165,000

5 Baths ⋅ 202627386 MLS

Price Reduced!! Downtown commercial property with existing daycare tenant. Two unfinished one bedroom apartments. Off street parking. Property sold ''as is''. Advanced notice for appointments required due to operating business. To be sold with adjacent lot 45 Quail. Call listing agent for appointment.

43 Quail Street, Albany

$625,000

3 Beds ⋅ 3 Baths ⋅ 202627323 MLS

Classic charm meets comfortable living in this exceptional brick Dutch Colonial, set on a beautifully landscaped 72' x 140' city lot in a coveted location. From the moment you arrive, the gracious full-width covered porch sets the tone for a home filled with warmth, character, and timeless architectural detail. Inside, generously proportioned rooms feature beautiful hardwood floors, custom built-ins, window seats, bookcases, crown moldings, panel doors, and countless details rarely found in newer construction. The thoughtfully renovated kitchen combines solid cherry cabinetry, granite countertops, and custom woodworking, creating a warm and inviting gathering space. Ceramic tile baths complement the home's classic appeal. Outside, the property becomes a private retreat with mature gardens, established landscaping, a covered patio, and an in-ground pool with pool house--perfect for entertaining or simply enjoying your own backyard oasis. The windows have been replaced - double pane vinyl windows throughout. Ideally located near schools, houses of worship, shopping, and major highways, this distinctive home offers the space, craftsmanship, and setting today's buyers are seeking--with the character that simply cannot be replicated. A truly special opportunity to own a classic home with room to live, entertain, and enjoy for years to come.

254 Lenox Avenue, Albany

$299,999

6 Beds ⋅ 3 Baths ⋅ 202627121 MLS

Attention Investors !! Looking to start or add to your business portfolio this could be a long term money maker 3 Family units rent could be higher. All showing are 48 hrs notice, Prequalified letter or proof of funding before any appointments are confirmed. ,Sold as is.

95 Lexington Avenue, Albany

$1,250,000

10 Beds ⋅ 9 Baths ⋅ 202627002 MLS

Mixed-use investment opportunity at the tri-corner of Watervliet Ave, Livingston Ave and 3rd St, just off the Everett Rd exit of I-90. This 3- story building offers 9 apartments (four studios, one 1BR, three 2BR, one 3BR) plus two street-level storefronts of ±1,500 SF and ±1,000 SF with large glass windows and direct street access. Apartments currently generate $8,325/mo; both storefronts are vacant and being marketed at $1,500/mo and $1,300/mo, offering immediate upside. Select units have seen recent updates including new windows, flooring and appliances. Across the street from Honest Weight Food Co-op and a block from the CDTA Training and Call Center. Pro forma NOI of $85,815 (6.9% cap rate) with retail leased. Offered at $1,250,000.

65 Watervliet Avenue, Albany

$395,000

6 Beds ⋅ 3 Baths ⋅ 202626984 MLS

Excellent multifamily investment opportunity in the desirable Manning Boulevard area. This three-family property offers a versatile unit mix with a spacious first-floor 4 to 5 bedroom apartment and two second-floor one-bedroom apartments. The first-floor layout offers potential for student housing, while the two upper units each feature a private porch. Conveniently located near colleges, hospitals, shopping, restaurants, and major amenities, making this an attractive location for tenants. Large fenced yard provides additional outdoor space for recreation, entertaining, or pets. A great opportunity for investors seeking an income-producing multifamily property with multiple rental units and strong location appeal.

249 Manning Boulevard, Albany

$540,000

11 Beds ⋅ 5 Baths ⋅ 202626964 MLS

Beautiful brick 4-unit building that has been updated throughout while maintaining original characteristics. Large apartments with generous layouts for each. 2-car garage with gate to backyard space. Fully rented but third floor can be delivered vacant. Currently a 4-unit with possibility of converting to 6 units.

402 Clinton Avenue, Albany

$599,000

12 Beds ⋅ 4 Baths ⋅ 202626942 MLS

Great investment opportunity in a prime Albany location. This large 4-unit property features spacious 3-bedroom, 1-bath units with in-unit laundry and modern finishes. Potential gross income of approximately $6,000/month. Two units are currently occupied at $1,500/month each (MTM leases), one unit is being delivered vacant, and the fourth tenant is expected to vacate by the end of October.

108 Southern Boulevard, Albany

$429,900

5 Beds ⋅ 4 Baths ⋅ 202626755 MLS

Timeless Elegance: Late Victorian Townhome Combines Tradition with Today Near Albany's Cherished Washington Park. This handsome 2,893 sq. ft. Late Victorian townhome blends ornate details with modern amenities in the heart of historic downtown Albany. Designed and built by a prominent architect for his own family in 1885, it impresses from the covered front porch with original door through the stunning grand foyer and throughout its three levels of living space each highlighted with period craftsmanship. Period details include: dramatic foyer with statement staircase, mahogany wainscot walls, coffered ceiling, and trim, decorative leaded window, transom windows above all bedrooms doors, three striking fireplaces, hardwood floors, and more. Beyond the character, it also offers Andersen replacement windows throughout, an updated boiler, an elegant tiled modern ensuite bathroom, refinished hardwood flooring and hand-restored intricate millwork. Maintained by one family since 1980, it stands proudly on a corner lot with a spacious backyard just steps from the popular Washington Park, Albany Med, SUNY downtown campus, Albany College of Pharmacy, Albany Law School as well as cultural, retail, entertainment and dining highlights.

114 S Lake Avenue, Albany

$599,900

202626753 MLS

This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue, Albany

$599,900

10 Beds ⋅ 10 Baths ⋅ 202626752 MLS

This investment opportunity in a prime location has so many possibilities! Featuring 10 Bedrooms and 10 full bathrooms located across from the Madison corridor, 531 western ave is perfect for student housing, group housing, or a bed and breakfast for tourists and visiting state workers! This property offers an updated eat in kitchen, a living room, 2 bedrooms with en-suites and a common bathroom with laundry on the first floor. On the second floor, you'll find five bedrooms with en-suites and on the third floor, three additional bedrooms with a common bathroom. Additional features include gas fireplaces in all bedrooms and the living room, a nine-year-old boiler, a newer roof and interconnected fire system a covered front porch and side porch, off-street parking, the potential for additional income in the basement and a rooftop deck! All this and its walkable to Café Madison, Juniors, the Madison Pourhouse, Curry House, grocery shopping, it is situated between the uptown and downtown SUNY campuses and is just minutes to everything downtown Albany has the offer. Don't miss out on this incredible investment opportunity!

531 Western Avenue, Albany

$480,000

202626619 MLS

A great opportunity for a medical or professional user to own or rent. This well-positioned condominium offers a professional setting and flexible space ideal for a physician, dentist, therapist, healthcare provider, or other professional practice. Conveniently located just off I-787/I-90 next to Memorial Hospital. Available for sale or lease.

63 Shaker Road B04, Albany

$319,900

5 Beds ⋅ 3 Baths ⋅ 202626477 MLS

Multiple Offers received. Please submit highest and best by 10:30AM on Tuesday Oct, 13th . Welcome to 97 Delaware Ave. This spacious home with over 2600 sq ft and within walking distance to all that Albany has to offer is presently being used as a single family home but is still a legal three family. Whether you are looking for space for the whole family, looking for a little rental income to help offset the mortgage or looking for your next cash flowing rental property, this one has you covered. With 2 spacious 2- bedroom units and one cozy third floor one bedroom unit, you definitely have options. The owners have used it as a single family since they purchased it in 2015 but it can easily be converted back with moving just a few appliances. The first-floor kitchen was renovated for cooking. With soapstone counters, industrial grade direct vent hood, solid wood extra tall kitchen cabinets, compact dishwasher and farmhouse sink along with walk in pantry, they made excellent use of the kitchen's period dimensions while adding modern functionality. The second-floor kitchen was turned into the laundry room but is easily converted back to a kitchen if you are seeking a rental. Throughout the home, you'll find the character and charm of an older Albany property, including high ceilings, spacious rooms, and architectural details that are increasingly hard to find. Outside, enjoy a newer composite deck overlooking a manageable, peaceful backyard--perfect for relaxing or entertaining. The location is hard to beat, with convenient access to downtown Albany, hospitals, colleges, cultural attractions, shopping, and dining. Enjoy a front row seat to the Plaza fireworks from your enclosed front porch or third floor living room! Whether you're looking for a spacious home with room for everyone, a property where rental income can help offset your mortgage, or your next income-producing investment, 97 Delaware Ave offers the flexibility and location to make it happen.

97 Delaware Avenue, Albany

$400,000

5 Beds ⋅ 3 Baths ⋅ 202626375 MLS

With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

4 View Avenue, Albany

$375,000

5 Beds ⋅ 4 Baths ⋅ 202626307 MLS

Great income opportunity on Delaware Avenue! This well-located four-family property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. All units share newer laundry facilities in the basement. Additional income potential comes from the 3-car detached garage with driveway. While a welcoming front sitting porch, back porch and cozy backyard provide desirable outdoor space. Conveniently located near the theater, library, shopping, dining, neighborhood amenities and on a bus-line. A great opportunity for investors looking to add a solid multi-family property to their portfolio or owner-occupied. Well maintained and being sold ''as is.'' Part of a possible 5-property portfolio - please contact agents for more info.

494 Delaware Avenue, Albany

$280,000

6 Beds ⋅ 2 Baths ⋅ 202626305 MLS

Great investment opportunity on Delaware Avenue! This well-maintained two-family property offers three bedrooms and one full bath in each unit, making it an excellent option for investors or owner-occupants. Both updated kitchens feature newer cabinets, counters, tile backsplash and appliances. New plumbing. Enjoy a welcoming front sitting and back porch along with a fenced yard. Well maintained and being sold as is. Conveniently located on a bus-line, near the theater, library, shopping, dining and neighborhood amenities - an excellent opportunity to build income potential in a desirable location. *Also offered as part of a 5-property portfolio. Contact the agents for more info.*

496 Delaware Avenue, Albany

$505,000

3 Beds ⋅ 2 Baths ⋅ 202626238 MLS

Presenting a rare chance to acquire two interconnected single-family homes, both under the same ownership and sold exclusively as a pair. Both units are 3 bedroom, 1.5 baths, with a den. Perfect for investors or those in need of extra living space. This property provides the advantages of rental income along with the option for personal use. Seize this exceptional opportunity today! Sold as is. 17 Lawnridge: Currently leased at $2,000/month,

17 Lawnridge Avenue 17 & 19, Albany

$329,000

6 Beds ⋅ 2 Baths ⋅ 202626168 MLS

Turn-key investment opportunity in the Heart of Albany! This fully rented two- family home offers immediate cash flow with long-term, reliable tenants already I place. Each spacious unite features 3 bedrooms, separate heat and electric, hardwood floors throughout. Enjoy the convenience of an attached two car garage plus additional off street parking----a rare find in this walkable neighborhood close to shopping, bus lines, parks and area colleges. Whether you're a seasoned investor or just starting to build a portfolio this income producing property is ready to perform from day one!

245 Manning Boulevard, Albany

$350,000

12 Beds ⋅ 6 Baths ⋅ 202626166 MLS

Attention Investors !! Looking to start or add to your business portfolio this is a must see separate utilities 2 units or occupied now the 3 unit needs work long term tenants or in place already. Pre-approval letter required or proof of funding before any showing is confirmed 48 hrs notice, Sold as is.

32 S Allen Street, Albany

$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. ***Multiple offers- Best and final due on Friday, September 25, 10 AM***

341 New Scotland Avenue, Albany

$329,900

6 Beds ⋅ 2 Baths ⋅ 202626126 MLS

Welcome to 664 Myrtle Ave in Albany! Fully Leased! This two-family property offers an excellent opportunity for an owner-occupant or investor 3 Bedroom, 1 bathroom each unit. The home has been well maintained with several important updates already completed, including new water heaters, a first-floor furnace approximately 9 years old, and a roof, siding, and windows approximately 12 years old. With two separate units, this property provides flexibility for rental income, or occupying one unit while renting the other. Conveniently located near local shopping, dining, schools, transportation, and downtown Albany, this is a solid investment opportunity with many of the major exterior and mechanical improvements already addressed. Don't miss your opportunity to add this Albany two-family to your portfolio or make it your next home!

664 Myrtle Avenue, Albany

$699,500

5 Beds ⋅ 4 Baths ⋅ 202626122 MLS

Meticulously maintained custom colonial located in Bishop's Gate! Full of character with extensive updates throughout this home features an updated modern kitchen, newly renovated ensuite, and flexible 5-bedroom layout or 4 bedrooms plus a lower-level office/pantry. The finished basement includes a new half bath and private garage entry, perfect for recreation and entertaining. Laundry room has a surplus of storage and washer/dryer were replaced in 2025, along with the on demand water heater and added heating zones for controlled forced air. The backyard is truly an oasis with its saltwater pool, new composite decking, paver patio, fire pit, retaining walls, outdoor shower, and easy-maintenance garden beds. Thoughtfully updated and move-in ready, this home offers comfort, versatility, and incredible outdoor living!

41 St Agnes Lane, Albany

$319,999

6 Beds ⋅ 3 Baths ⋅ 202626105 MLS

Attention Investors !! Looking to start or add to your business portfolio wait no longer this 3 Family could help you build extra money into your account for a long terms all utilities are separate schedule your appointment now this is a must see !! All appointments require pre-approval letter or proof of funding 48 hrs notice. Sold as is.

423 Clinton Avenue, Albany

$799,000

202626095 MLS

For Sale: Prime Mixed-Use Building in Downtown Albany. Seize the opportunity to acquire a ±24,072 square foot, four-story mixed-use building in the heart of Downtown Albany. Zoned Mixed-Use Downtown (MU-DT), this building offers diverse possibilities for retail and office use. 1st floor and basement currently rented to restaurant user for $5,500.00 a month. Lease ends February 28, 2029.

69 N Pearl Street, 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

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