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

52 S Allen Street

$219,900
4 Beds 2 Baths 202623034 MLS
Move-In Ready Two-Family in Albany - Ideal for Owner-Occupants or Investors! Don't miss this excellent opportunity to own a well-maintained two-family home on a quiet street. One unit is vacant and move-in ready, making it perfect for an owner-occupant looking to offset their mortgage with rental income, or for an investor seeking immediate occupancy. The first-floor unit includes the convenience of an in-unit washer and dryer. Both apartments feature spacious kitchens with separate dining areas, providing comfortable and functional living spaces. The second unit has strong income potential with an estimated rental value of $1,275 per month. This property has been updated with a handful of upgrades throughout, including a newer roof and windows. Conveniently located near restaurants, shopping, and major highways, this property offers easy access to everyday amenities and commuting routes. Whether you're expanding your investment portfolio or searching for a home with built-in income potential, this versatile duplex is a must-see!

851 Livingston Avenue

$399,000
4 Beds 2 Baths 202622985 MLS
Welcome to 87 Tampa Avenue, tucked away on a quiet dead-end street in one of Albany's most desirable neighborhoods. The home is within walking distance of Buckingham Pond and close to shopping, highways, colleges, hospitals, and numerous New York State offices. Move-in ready and thoughtfully updated, this four-bedroom, two-bath offers a bright, open-concept layout designed for both everyday living and entertaining. The living and dining areas flow seamlessly into the spacious, updated kitchen, with plenty of room to gather. Beautifully maintained hardwood floors add warmth and character throughout the upper level, while the generously sized bedrooms provide comfortable and flexible living space. The lower level offers exceptional flexibility, featuring a second living room with direct access to the backyard, a fourth bedroom, a full bathroom, a dedicated laundry area, and a large walk-in cedar closet. It is an ideal setup for guests, remote work, additional living space, or multigenerational living. Complete with an attached one-car garage, a recently widened driveway, a fenced backyard, and convenient access throughout the Capital Region, 87 Tampa Avenue is ready for its next owner. .

87 Tampa Avenue

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

282 Lark Street

$329,777
6 Beds 3 Baths 202622735 MLS
When this home was built, it was part of an area where many of Albany's well-to-do residents lived. Today, it sits in the shadow of the Governor's Mansion, still in use, adding to the significance of the location. As the name suggests, the property overlooks a wonderful park out back, giving tenants great views from the yard and even better ones from their balconies. There's also a great alley behind the property, offering convenient access and additional space. Much of the original detail remains inside, including the woodwork and floors, while the exterior offers strong curb appeal. You can almost imagine what life was like on this street during the Victorian era, with horse-drawn carriages passing by. One of the neighboring multi-family homes recently sold, further supporting the appeal of this unique and historic location. The structure appears to be rock solid, and many of the systems have been updated over time, including a roof improvement and full deck replacement approximately 10 years ago. All of the apartments have also been renovated within the last 10 years, adding to the property's overall condition and appeal. With some vision, you can imagine how this property could truly shine. This is a solid rental opportunity, and it's also worth considering for a first-time homebuyer--live in one unit while the other two help cover much of your expenses. A great opportunity in the right setting. Own a piece of Albany history and live in the heart of the state's capital alongside its leadership.

52 Park Avenue

$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

$225,000
4 Beds 4 Baths 202622461 MLS
Deadline for offers, Tuesday, September 8th at 6pm.** This award-winning historic residence is the proud recipient of the Historic Albany Foundation's Preservation Merit Award. Meticulously renovated and tastefully updated within the past five years, this turnkey property seamlessly blends timeless architectural character with today's modern comforts. Extensive improvements include updated roof, electrical, plumbing, and mechanical systems, offering peace of mind for years to come. The owner's residence welcomes you with a bright and inviting living room featuring beautifully refinished hardwood floors, a gracious center dining room highlighted by a handsome traditional staircase, and a stunning gourmet kitchen complete with a center island, granite countertops, stainless steel appliances, and an atrium door leading to a private balcony with stairs to a fully fenced crushed-stone courtyard--an ideal outdoor retreat. A convenient powder room with a window completes the main level. Upstairs, the spacious primary suite features a charming bay window and a private en-suite bath. Two additional rear bedrooms, a well-appointed hall bath, and a conveniently located laundry alcove complete the second floor. The garden level offers an excellent income-producing opportunity or guest accommodations with a separate apartment featuring a combined kitchen and sitting area, rear bedroom with direct access to the private courtyard, and a full bath. Estimated rental income is $900+ per month. Additional features include a sub-basement beneath the front portion of the building with crawl space. Situated on a corner lot, the home enjoys exceptional natural light throughout. Just steps from the restaurants, cafés, shops, parks, entertainment and cultural attractions. Move-in ready and offering the perfect combination of historic charm, modern updates, and investment potential.

164 Lark Street

$8,750,000
202622274 MLS
A rare opportunity to acquire a fully renovated, stabilized 46-unit multifamily investment housed within one of Albany's most distinctive historic buildings. Originally constructed as the iconic Hinckel Brewery, this landmark property has been thoughtfully transformed into a modern apartment community while preserving its unique architectural character. Completed renovations in 2023 have positioned the asset as a turnkey investment featuring updated kitchens and baths, stainless steel appliances, in-unit washer and dryers, new flooring, modern lighting, and contemporary finishes throughout. The property offers an attractive mix of one-, two-, and three-bedroom apartments with distinctive layouts that appeal to a broad tenant base.

201 Park Avenue

$589,000
5 Beds 4 Baths 202622175 MLS
Beautifully curated three-story townhome situated along one of downtown Albany's most coveted city blocks includes completely separate garden unit that's currently being used on a short term basis, legal 2-family. Spanning over 3,200 SQFT across four aesthetically pleasing levels, this residence features 5 bedrooms, 4 full baths, modern amenties throughout, privates oasis-like backyard with trex decking, roof access & more. Easily accessible to Washington Park, Albany Medical Center/St. Peter's Hospital, SUNY Albany, Lark St, downtown state & legislative entities, coffee shops, galleries, nightlife & so many more desirable downtown attractions. Original details still adorned throughout such as high ceilings, oversized windows, tile, fireplaces, stained glass, built ins, woodwork, etc. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of Center Square.

142 Chestnut 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

$699,000
202622020 MLS
Four-story mixed-use building in the heart of downtown Albany -- fully gut-renovated in 2020 and in excellent condition. Three residential units on floors 2-4 featuring Google Smart Home technology, in-unit washer/dryers, exposed brick, and that iconic arched top-floor window with direct views of SUNY Plaza. Hallways freshly painted April 2026. This is not your typical downtown walkup and it shows. Ground floor commercial space is currently vacant and ready for an owner-occupant or new tenant -- a significant value-add opportunity in one of Albany's highest-foot-traffic corridors, directly across from SUNY Plaza with the Broadway bus stop at the front door. The big number: approximately 15 years remaining on a 20-year Capitalize Albany tax abatement, dramatically reducing the effective tax burden and making this one of the most favorably structured deals in the downtown market right now. Gross potential income $70,800/year. Priced at $699,000 at a 6.88% cap rate on normalized expenses. Two residential units coming available -- buyer sets fresh market rents on a renovated product. Full OM and financials available upon request!

402 Broadway

$349,000
7 Beds 2 Baths 202622074 MLS
Excellent opportunity at 114 Spring Street in Albany. This two-family duplex offers 7 total bedrooms, 2 full bathrooms, and 2,352 sq ft of living space, making it a strong option for investors or owner-occupants looking for added flexibility. Each unit provides a functional layout with recently refreshed interior features, including neutral paint, updated lighting, white trim, multiple windows for natural light, and forced-air natural gas heat. The property also features a full basement, public water, and public sewer. Conveniently located near the Central Avenue and Quail Street corridor, with easy access to nearby shopping, dining, Washington Avenue, downtown Albany, local colleges, and major Capital Region destinations. A solid multi-family opportunity in an established Albany location with strong rental appeal.

114 Spring Street

$485,000
4 Beds 3 Baths 202622063 MLS
342-346 Hamilton Street offers a unique mixed-use opportunity in a prime downtown Albany location. The property includes office space, two apartments, and a private parking lot with six spaces. Owned and meticulously maintained by a nonprofit for the past 30 years, the property provides strong income and investment potential. Note: 342 Hamilton Street refers to the building, and 346 Hamilton Street is the parking lot. The first floor is currently configured as professional office space and showcases beautiful original woodwork crafted by a skilled carpenter. The layout includes three private offices, a conference room, and a kitchenette, offering flexibility for an owner-user or potential to subdivide for additional rental income. Newer central air serves the office space. The upper floors consist of two residential units, each offering two bedrooms and one full bath. The second floor unit is vacant and the third floor unit is currently rented on a month-to-month basis, generating $600/month. Separate utilities and panels are in place, and the water service line to the property has been replaced in recent years.

342 Hamilton Street

$424,900
4 Beds 3 Baths 202621883 MLS
A rare opportunity in Albany's coveted Center Square neighborhood, this beautifully preserved 1871 brownstone seamlessly blends historic character with modern versatility. The main residence offers three bedrooms and one and a half baths, while the garden-level apartment features one bedroom and one full bath. Ideal for rental income, guests, or multigenerational living. Setting this property apart from other brownstones in the neighborhood is the detached one-car garage, providing the rare luxury of secure, year-round off-street parking. Throughout the home, you'll find timeless architectural details including marble fireplaces, graceful curved walls, stained glass accents, and gleaming hardwood floors, each contributing to the home's unmistakable character and historic charm.

396 Hamilton Street

$329,900
5 Beds 3 Baths 202621866 MLS
Looking for your next investment property or the chance to buy your first home while producing cash flow? This solid brick triplex in a convenient central Albany location offers two 1-bedroom units on the first floor and a spacious 3-bedroom unit on the second floor, perfect for an owner occupant. One 1-bedroom is currently rented at $1,075/month; the other two units are vacant, freshly presented, and ready to rent or move right in. Major updates completed within the last 4 years include new HVAC, roof, electric, and some replacement windows so the big-ticket items are done. Gleaming hardwood floors, classic woodwork, bay windows, and updated kitchens and baths throughout. Separate utilities with tenants paying heat and hot water. Live in one unit while your tenants help pay the mortgage, or add a turnkey building to your portfolio. Estimated rents put gross potential income at $4,175/month. Don't miss this one and schedule your showing today!

210 Myrtle Avenue

$293,000
5 Beds 2 Baths 202621819 MLS
Great investment opportunity! This well-maintained two family property offers excellent rental income potential, making it an ideal choice for investors or owner-occupants looking to offset their mortgage with rental income. Estimated rental income potential is $2,800 plus per month. Located in a desirable neighborhood just over bridge from Delmar/Bethlehem area. Close to schools, shopping and restaurants. Recent updates include brand-new front porch and a completely refreshed second floor featuring new walls and fresh paint. . This unique floor plan provides a wonderful opportunity for buyers with a vision to reimagine the space and create a layout that perfectly suits their needs. Bring your creativity and unlock the full potential of this versatile property! Minimal lawn and snow removal costs. 1 bedroom in each unit can be used aa an office.

15 Zoar Avenue

$360,000
3 Beds 3 Baths 202621699 MLS
Located in Albany's high-demand Midtown/Pine Hills neighborhood, this very well-maintained brick 3-unit building offers an exceptional investment opportunity in an area known for its strong rental demand. Apartments feature hardwood floors, generous room sizes, ample closet space, charming kitchens with original built-in cabinetry, and architectural details found throughout, including arched openings, French doors, and bayed windows. Each apartment also offers an additional room ideal for a variety of uses, along with access to a common courtyard for outdoor enjoyment. With large apartments, desirable amenities, and a high-demand location, this is an outstanding addition to any investment portfolio! One washer and dryer shared by the units. *All apartments are occupied. Boiler 2019. New Roof January 2026.

210 Western Avenue

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