161 N Lake Avenue, NY 12206

$24,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$24,000
List Price
$35,000
Closing Date
Nov 06, 2025
MLS#
202524666
Subdivision
Select One

Property Description

Unlock the potential of this oversized city lot featuring three existing garages along with additional space for parking or future build opportunities. With low annual taxes and minimal carrying costs, this property makes a smart investment for those seeking storage income, parking revenue, or a site with development possibilities in a prime Albany location. Bonus Opportunity: Also available is a separate vacant lot on First Street, an affordable parcel with exceptionally low taxes that can be purchased individually or as part of a bundle package with North Lake Avenue, creating even greater investment potential. An accessible entry into Albany real estate with income possibilities from day one.

Additional Information

Taxes
$176
Acres
0.21
Lot Description
Cleared, Level
School District
Albany
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of listing agent Kathryn Kole with Coldwell Banker Prime Properties Brokerage, 518-892-2491.

Selling Office: Coldwell Banker Prime Properties.

©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated