Albany NY 7500+ Sq. Ft. Real Estate, Homes, Condos for Sale

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

$1,150,000

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

$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

$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

$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

$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

$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

$1,599,999

15 Beds ⋅ 16 Baths ⋅ 202623976 MLS

Fully remodeled (2013), charming, spacious 9-unit building walkable to everything. 8.7% current cap rate with a proforma cap rate of 9.1% by mid-2027. $17,870 monthly rent roll. Assumable financing at 3.7%. Seven 2bed/2ba, one 2bed/1ba, and one 1bed/1ba. Average unit size is 1,200 SF. Tenants pay electric, gas, and cable; the owner pays trash, water, and sewer. There are in-unit washers and dryers, central air, and 9 total parking spaces (5 garage spots and 4 outdoor spots).

83 Beaver Street, Albany

$799,000

16 Beds ⋅ 9 Baths ⋅ 202623856 MLS

Three tax lot offering of three townhouses with seven units in total. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 2-bed/1-bath unit, one 3-bed/1-bath unit, and one 4-bed/2-bath units. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday or Tuesday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours. Sale includes tax lots: 65.72-6-10, 65.72-6-9, 65.72-6-8.

304-308 Clinton Avenue, Albany

$715,000

8 Beds ⋅ 9 Baths ⋅ 202623775 MLS

Three tax lot offering of two townhouses with two units each and one mixed-use townhouse with ground floor commercial space and two units above. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 3-bed/2-bath unit, and one 4-bed/2-bath unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday or Tuesday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours. Sale includes tax lots: 65.64-4-37, 65.64-4-38, & 65.64-4-39.

341-345 Clinton Avenue, Albany

$849,900

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

$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

$8,490,000

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

$2,450,000

202619191 MLS

Rare find! Completely renovated 11 years ago, this incredible building is fully rented and features 14 luxury apartments all with their own unique architectural details, and one large retail space with frontage on Washington Avenue, plus a large unfinished basement with even more investment potential. All apartments have hardwood floors, granite, dishwashers, private laundry, their own gas furnace and central air, hot water heater and electric panel. Large storage rooms for tenants both up and down. Shared lounge or gym space. Accessible lift to second floor. Secure entrances and lobby with intercom & updated security system. Potential rentable basement space up to fire code. Extremely attractive assumable Freddie Mac mortgage available until Dec. 31, 2029. Inquire for more details.

260 Washington Avenue, Albany

$449,777

3 Baths ⋅ 202618946 MLS

Motivated seller is selling this Mixed-Use property. It is currently being used as an auto repair shop ''Hurk's Transmission'' and 3 apartments (need to be renovated) Property to **Two parcels are being sold, 187 Jefferson, 010100 76.31-3-27 and 380 Madison Avenue )10100 76.31-3-20** There are garage spaces for 4-6 cars as well as off street parking for 5-6 cars. The property runs street to street between Madison Ave and Jefferson Street. great location, close to downtown, center square, state offices, SUNY, i787,i87,i90 shops and dining.

380 Madison Avenue, Albany

$749,000

202614003 MLS

Rare owner-user opportunity in Albany! This 7728 SF flex industrial building is perfectly suited for contractors, distribution, or light manufacturing users. Featuring (2) 12' drive-in doors, a full sprinkler system, and existing office buildout, the property offers a highly functioning layout ready for immediate occupancy. Zoned MU-NE, allowing for a wide range of commercial and light industrial uses. Offered at $799,000, presenting a compelling alternative to leasing while building long-term equity. Centrally located with easy access to Central Ave. and I-90. Ideal for businesses looking to establish or expand their footprint in a supply-constrained market

334 Ontario Street, Albany

$8,000,000

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, Albany

$995,000

202613202 MLS

Historic church building full of character, offering 6,128 sq ft, with an adjoining Parish Hall totaling 6,324 sq ft. The Parish Hall's third floor has been modernly updated to accommodate eight Sunday School classrooms, two bathrooms, and a small kitchen. The second floor features a large meeting hall, office, three additional Sunday School classrooms, and two bathrooms. The renovated lower level includes a full commercial kitchen and a spacious hall ideal for gatherings and events.

820 Madison Avenue, Albany

$1,040,000

202613024 MLS

Large mixed use offering on busy Central Ave in Albany. +/- 16,000 sf with current long standing tenant in portion of retail and warehouse space. 3 residential units on 2nd and 3rd floor-vacant. Can be easily rented. Building has been well cared for and in excellent condition. Off Street parking lot for approx 20 cars. Vacant garage/warehouse space fronts Bradford Street. Great offering for an investor or owner occupy.

232 Central Avenue, Albany

$1,599,000

24 Beds ⋅ 13 Baths ⋅ 202611652 MLS

Fantastic property that was recently rehabbed and modernized. Two Long term, commercial tenants with 8 apartments. Typically rented to students from UAlbany, Albany Law, Albany, Med. Great rental neighborhood. Close to UAlbany Downtown Campus, Washington Park, Albany Med, Albany Law. See attached for income and expense details. New HVAC for commercial space in 2024 and New Hot Water system for building replaced in 2025.

811 Madison Avenue, Albany

$1,550,000

22 Beds ⋅ 13 Baths ⋅ 202611000 MLS

13 unit fully rented apartment building in prime center square location. Fully rented with leases in place. Separate utilities, owner pays house meter for hallway lights, hot water for building, coin laundry in building. Agent is related to seller.

346 State Street, Albany

$900,000

2 Baths ⋅ 202610817 MLS

This sale includes the business, FF and E and Inventory of Watkins Spring Co. Inc., which is an established business with over 100 years of experience providing heavy duty truck suspension services in the Capital District. The business has over 4000 accounts and a highly respected reputation in the industry. Qualified buyers to sign NDA and show proof of funds. Owner has separate listing for sale of the real estate and will also consider lease of property with option to purchase. See associated docs for details on all of the possibilities.

368 Central Avenue, Albany

$950,000

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, Albany

$800,000

202531220 MLS

Sold before print

1434 Western Avenue, Albany

$510,000

12 Beds ⋅ 6 Baths ⋅ 202530337 MLS

Check out this money maker in Albany, which generates over $87,000 annually when fully rented. This rock-solid 6-unit typically brings in over $7,000/month in gross rents, plus additional cash flow from coin-op laundry. Two units delivered vacant and move-in ready: one fully updated and the other to be renovated prior to closing - providing immediate flexibility for an owner-occupant or the opportunity to set rents with tenants of your choosing. It's a true turnkey asset featuring a low-maintenance brick exterior and a history of being fully rented. Reliable, on-time rental income, which minimizes collection risk. The location is ideal for keeping occupancy high, sitting just minutes from downtown, local amenities, and major bus lines. *The sale includes two separate parcels. If you are looking for a stabilized, high-performing property that pays off from day one, this is it. AGENTS: Please see remarks and docs for lots of additional info.

40-42 Ontario Street, Albany

$2,900,000

202527361 MLS

Prime Albany Office Investment or Owner-User Opportunity! +/-65,309 SF Class B multi-tenant office building on +/-2.82 acres with 246 on-site parking spaces (4:1 ratio). Conveniently located minutes from I-90, Exit 5 (Everett Rd). Currently 33% occupied with +/-45,170 SF available for immediate use. Features include new roof (2024), passenger elevator, +/-1,600 SF residential penthouse, 3-phase/1600 AMP electrical service, MU-CH zoning, and CDTA bus access. Ideal for investors or owner-occupants seeking value-add potential. Offered at $2,900,000 ($44.40/SF).

32 N Russell Road, Albany

$1,884,159

21 Beds ⋅ 18 Baths ⋅ 202526005 MLS

Turnkey 18-Unit Portfolio - $1,990,000 ($110K/Unit) Rare opportunity to own two adjacent, fully occupied multifamily buildings in Albany's desirable Park South neighborhood. 102 & 106 S Lake Ave feature a combined 18 units across ±10,263 SF on ±0.39 acres, just steps from Washington Park, Albany Medical Center, and the Empire State Plaza. Priced at $1.99M with a 7.01% cap rate based on current rents. Properties are very well maintained with no deferred maintenance. Includes ample off-street parking, a 3-car garage, and coin-operated laundry for additional income. Upside potential through rent increases on below-market units and monetizing parking. Strong rental history makes this a perfect fit for investors seeking stable cash flow and long-term growth in a thriving urban location.

102 S Lake Avenue, Albany

$60,000

202524523 MLS

Prime location on Western Ave in Albany! Located in the center of Westmere Plaza. Longstanding deli with high visibility - 17,000-20,000 cars pass by daily. Location has operated successfully as a deli and news stand for over 2 decades. Includes top-of-the-line equipment (all equipment purchased within 1-2 years, worth over $100K) - a true turn-key business ready for you to step in and thrive! Or a perfect opportunity for caterers looking for extra space. Plenty of parking located in the front and back of the Deli. Two Entrances to the front and back.

1823 Western Avenue, Albany

$620,000

13 Beds ⋅ 8 Baths ⋅ 202524274 MLS

1098 & 1100 consists of two solid brick 3 unit properties sold together as a 6 unit. Great location at border of Menands and Albany on Broadway. Large apartments with excellent tenancy and room to grow the rent roll currently at $7925 per month. Laundry hookups and/or equipment included in a few apartments. Tenants pay their own utilities and trash is picked up by the city. Easy to show!

1098-1100 Broadway, Albany

$910,000

202519431 MLS

The previous home of the historic Harmanus Bleecker Library is now being offered for sale! This premier Class-A office building situated in the heart of Downtown Albany offering easy access to the NY State Capitol, Empire State Plaza, & a host of other conveniences & government buildings. Occupying a full block between Washington Ave & Spring St, this elegant property provides a clean & professional environment, while boasting +/- 17,000 SF w/ flexible floor plans up & potential 'build-to-suit' opportunities within. Other building features include an inviting marble lobby w/ soaring ceilings, full elevator access, janitorial services & more! Contact us today w/ questions or to schedule a tour!

19 Dove Street, Albany

$2,150,000

16 Beds ⋅ 18 Baths ⋅ 202514158 MLS

Nicely updated building! Upper floors consist of 12 one bedroom one bath apartments, 2 two bedroom two bath apartments, laundry, and a work out room. First floor commercial office space with reception, 6 office spaces, kitchenette and two baths currently leased with two years remaining.

522 Broadway, Albany

$630,000

20 Beds ⋅ 13 Baths ⋅ 202512425 MLS

7 properties being sold as a package, 14 units total, please note that these properties are contingent on being sold together and cannot be sold separately. The properties consist of 5 duplexes, 1 triplex, and 1 single-family property, all 100k per. Addresses include 561 2nd St, 581 2nd St, 555 3rd St, 559 3rd St, 49 Ontario St, 227 S Swan St, 14 Cuyler St. Most of them need work. All being sold AS-IS, bring us your best offer! ***Please refer to attachment in documents to unit breakdown and all relevant information.

227 S Swan Street, Albany

$2,293,600

91 Beds ⋅ 38 Baths ⋅ 202511681 MLS

**Sold before print. Attached document listing the 17 properties totaling 34 units in the final sold portfolio.

238 Morton Avenue, Albany

$800,000

202425812 MLS

Sold before print, Sold as a package deal with 180 Lancaster St Albany NY

19 Dove Street, Albany

$800,000

202425809 MLS

SOLD BEFORE PRINT! 77 Car Self Operating Parking Garage in Center Square. Sold as a package with 19 Dove St.

180 Lancaster Street, Albany

$2,550,000

32 Beds ⋅ 20 Baths ⋅ 202422537 MLS

Neighborhood allure in the heart of the city. Situated at the end of a secluded street, this 20-unit complex encompasses four tenant buildings, a large garage, private parking lot, and lots of green space. Unit mix is (8) 1-bedroom and (12) 2-bedroom, with each unit featuring large bedrooms. Current rents are below market value with many long-term tenants. Additional value add opportunities include parking fees and converting the large garage into tenant storage. Garage is currently rented to a nearby contractor at $200/month. All units are separately metered. Each building offers a laundry room for additional income. Close proximity to New Scotland Ave businesses and restaurants--includes a private path to neighboring commercial spaces! Updates and financials in documents.

19-20 Avenue B, Albany

$725,000

8 Baths ⋅ 202419000 MLS

The building sale includes a newly renovated, vacant commercial space, ready for immediate owner occupancy or leasing opportunities. The commercial floor plan features new concrete floors, sheetrock, paint, drop ceilings, electrical, and lighting. The space can be easily converted to accommodate various needs, including commercial kitchen equipment, retail, or office space. Six updated residential apartments on above three floors, featuring a mix of one and two-bedroom units. Each apartment is fully rented. Conveniently located near restaurants, state buildings, hotels, and key city attractions such as the MVP Arena, the Palace Theater, Albany NanoTech Complex and the new, upcoming National Semiconductor Technology Center. Seller has retired after 50+ years in commercial business.

31-33 N Pearl Street, Albany

$5,150,000

28 Beds ⋅ 28 Baths ⋅ 202414960 MLS

NEW PRICE on this Rare opportunity to own a new luxury 24 unit Apartment building in prime location. Walking distance to Crossgates Mall, SUNY, Nano, highways and more. 20 one bed, one bath units and 4 two bed, two bath units. All units have walkout patios or balconies, laundry in unit and communal gym on 2nd floor. Professional management in place and willing to stay on. Step into this prime investment opportunity.

30 Pine Lane, Albany

$800,000

202413516 MLS

Historic downtown office building. Fully renovated in the 1980's. Designed by Marcus Reynolds, currently on the NYS and Federal Historic Registry, which qualifies for up to 50% historic tax credits on new improvements. Also locate within the Economic Opportunity Zone. Very ornate and unique one-of-a-kind building in downtown Albany.

600 Broadway, Albany

$625,000

202411137 MLS

*SELLER FINANCING AVAILABLE! Iconic Landmark Downtown Albany Restaurant & Development Opportunity. Jack's Oyster House - Albany's Premier Fine Dining Destination for over 100 years. Turnkey 150-seat restaurant and banquet facility with fully equipped kitchen and liquor license that can be transferred to new owner. Located just steps from NYS Capitol Building in the heart of the Downtown Albany. Concept plans available for 7-unit residential conversion of upper floors.

44 State Street, Albany

$1,150,000

16 Beds ⋅ 16 Baths ⋅ 202410832 MLS

Originally built in 1902 by Alexander Selkirk as a double house, this now rare 16-unit multi residence is situated among one of downtowns most aesthetically pleasing neighborhoods - Washington Park/Madison Ave. Just steps to Albany Medical Center, State & Legislative buildings, popular eateries, galleries, nightlife & much more. Desirable features include original woodwork throughout and fireplaces (now decorative), built-ins, oversized windows, high ceilings, wood floors, SS appliances, arched doorways, antique hardware & MORE. A plethora of recent updates which include replacement of the boiler & water heater/furnace. Most of the units have undergone cosmetic updating which includes new flooring, lighting & paint. On-site laundry.

644B Madison Avenue, Albany

$650,000

28 Beds ⋅ 12 Baths ⋅ 202329927 MLS

Investment Opportunity in Albany's South End: A rare chance to acquire a strategically positioned portfolio featuring 12 units across two brick abutting properties. Located at 51 Broad Street, there are eight 2BD/1BA units, complemented by an additional four 3BD/1BA units at 49 Broad Street. These properties present a compelling investment prospect, offering significant potential for increased rental income following thoughtful upgrades to both the individual units and the overall building infrastructure.

49-51 Broad Street, Albany

$625,000

16 Beds ⋅ 7 Baths ⋅ 202329828 MLS

Fully-occupied 7-Unit Brick building with great cash flow. Gross annual rental income $79,800. Updated windows and flooring. Great rental income and location!

574 Central Avenue, Albany

$750,000

202317290 MLS

Large two story office/warehouse buildings totaling ~34,000 sf between Sheridan Avenue and Orange Street. Two floors of warehouse space. These buildings present a great opportunity for an owner/user to supplement their mortgage payment with rental income, or an investor. Buildings include a 30,000 square foot, two story warehouse/office with 2 overhead doors on Sheridan Ave and one loading dock on Orange St. Also included is private garage space, 2 vacant lots for parking/storage, and a 3 story mixed use building that can be converted to multifamily or continued to be used as office space. Separate ½ acre vacant lot across the street could be packaged into the sale. 11% cap rate, ability to reduce vacancies and increase rent. 150-162 Orange St. included in sale.

113-125 Sheridan, Albany

$140,000

202315293 MLS

Attention Developers and Investors !! This school was built in 1875 and served the growing South End The style is a cross between ornate Victorian and stark utilitarian. Looking for Developer or Investor that will Love to purchase and restore this Historic Architect Building. Pre-Approval Letter Or Bank Statement Before all showing confirmed. 48 Hrs Notice. SOLD AS IS.

43 Second Avenue, Albany

$358,000

5 Baths ⋅ 202313219 MLS

Beautiful, historic property in Albany, a few minutes walking distance from state government buildings, the convention center, and all of the rest of downtown. Lombardo's Restaurant directly across the street has recently been purchased and is mid-renovation. The rich history of this property has seen it used by various clubs and organizations, most recently by a local Masonic chapter. Zoning allows for retail office, restaurant, multi-family, community residential facility, group living, artisanal manufacturing, indoor recreation, personal or professional services, among other uses. The building is not currently being serviced by utilities and needs some serious up fitting after sitting vacant through the pandemic.

120 Madison Avenue, Albany

$770,000

202128660 MLS

New Offering 73 and 75 Whitehall Road available for sale. 73 is a 4 unit apartment building with a gross income of approx $3400/month and a 5 stall garage and a bulk of the parking for the neighboring building of 75. 75 Whitehall Consists of a 3 story brick building for sale, former church and preschool. Great location on Whitehall Road near Delaware Ave in Albany. +/- 16000 sf parking in back near playground.

75 WHITEHALL Road, Albany

View All Latest Albany 7500+ Sq. Ft. Properties for Sale

7500+ Sq. Ft. Albany Real Estate

How much is your home worth?

How much is your home worth?