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$1,199,900
16 Beds 8 Baths 202625727 MLS
Rare opportunity to own an impressive 8-unit investment property consisting of two meticulously maintained brick buildings at 97 and 99 Homestead Avenue. Each building features four spacious apartments, three garage bays, basement storage, and common coin-operated laundry. The properties share a driveway and offer six total garage bays with ample additional off-street parking. The updated apartments feature hardwood floors, open layouts, and attractive finishes, including granite countertops and radiant-heated bathroom floors in select units. Freshly painted exteriors and well-maintained landscaping add to the property's strong curb appeal. Fully occupied and currently generating approximately $129,000 in annual gross rental income, with the potential to increase to approximately $153,600 annually at market rents. Ideally located and truly turnkey, this is an excellent opportunity for an investor looking to add a high-quality asset to their portfolio. Properties like this rarely become available!

97-99 Homestead

$624,900
10 Beds 10 Baths 202625152 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

$1,499,900
10 Beds 10 Baths 202624326 MLS
RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue

$475,000
15 Beds 8 Baths 202624081 MLS
Single tax lot offering of two attached townhouses with four units in total. Both structures are mechanically connected. Four minutes from major highways and walking distance to downtown. Current configuration is one 3-bed/2-bath unit, one 4-bed/2-bath unit, and two 4-bed/1.5-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 must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours.

301 Clinton Avenue

$715,000
11 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 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

$650,000
13 Beds 8 Baths 202623770 MLS
Well maintained 6-unit apartment building in the Ten Broeck Triangle neighborhood of Albany. Two minutes from major highways and walking distance to downtown. Current configuration is two 1-bed/1-bath garden level units, two 1-bed/1-bath 1st floor units, one 4-bed/2-bath 2nd floor unit, and one 4-bed/2-bath 3rd floor 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 Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours.

11 Ten Broeck Street

$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

$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

$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

$745,000
7 Beds 7 Baths 202617020 MLS
Welcome to 100 South Manning Boulevard, a rare opportunity to own a beautifully preserved 1920s brick Colonial on one of Albany's most distinguished and architecturally rich streets. This exceptional residence blends timeless elegance with Moorish-inspired details, showcasing craftsmanship and character seldom found today, from its gracious façade and one-of-a-kind windows to the wrought-iron balcony and refined period touches. Inside, generous, light-filled rooms are designed for both grand entertaining and comfortable everyday living. The first floor offers a welcoming foyer, living and dining rooms, a sunroom, a family room, a well-appointed kitchen, a half bath, and a combined laundry and mudroom, with French doors, a sweeping staircase, and beautifully maintained details creating warmth and sophistication throughout. Upstairs, the serene primary ensuite features remarkable closet space, complemented by three additional bedrooms, including another ensuite, and a full hall bath. The expansive third floor adds three more bedrooms, one ensuite, another full bath, and exceptional flexibility for guests, work-from-home needs, or creative pursuits. Abundant storage, a lovely yard, an inviting front porch, and a rare attached two-car garage enhance everyday convenience, while the prime location near hospitals, shops, dining, and a movie theater offers both elegance and ease, making this a truly gracious and distinguished home of enduring quality.

100 S Manning Boulevard

$440,000
4 Beds 7 Baths 202613653 MLS
Welcome to this bright, newer construction duplex built in 2014. This well maintained property offers modern living with strong investment or owner occupant potential. Each spacious unit offers approximately 1,700 square feet of living space, thoughtfully designed with 2 bedrooms, 2 full bathrooms, and 1 half bath. Enjoy open layouts, abundant natural light, and the convenience of in unit laundry on each floor. Situated on two lots in Albany's townhouse district, this property offers potential for conversion to a three unit, pending approvals. Conveniently located near downtown Albany, major highways, restaurants, and local amenities, this is an excellent opportunity to own a turnkey multifamily property in a growing area.

36 2nd Street

$599,900
6 Beds 6 Baths 202610333 MLS
Welcome to 166 Washington Avenue, a prime Albany property offering exceptional potential for both investors and owner-occupants! This well-maintained building is ideally situated in the heart of the city—just moments from downtown, major employers, universities, and local attractions. Whether you're seeking a strong income-producing asset or a place to call home with additional rental opportunity, this property delivers flexibility, convenience, and long-term value. Enjoy the advantage of off-street parking, a rare find in this central location, providing ease for residents and guests alike. Within just one mile, you'll find a wealth of amenities—shopping centers, restaurants, coffee shops, parks, fitness facilities, grocery stores, and entertainment venues. The property's location also offers quick access to public transportation, major roadways, and popular Albany destinations such as Washington Park, the Empire State Plaza, and the vibrant Lark Street district. This property's combination of space, accessibility, and investment potential makes it a standout opportunity in today's market. Whether you're expanding your real estate portfolio or searching for a home with added income possibilities, 166 Washington Ave offers the perfect blend of comfort, convenience, and city living. Don't miss your chance to explore all that this desirable Albany property has to offer—schedule your private showing today!

166 Washington Avenue

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