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$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

$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

$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

$375,000
5 Beds 2 Baths 202621658 MLS
Multiple offers presented. Present highest and best offers by Monday 7/20 @ 5:00. Located in Albany's highly desirable Center Square neighborhood, just steps from Washington Park, this very well-maintained two-family property pairs an exceptional location with timeless architectural character. Beyond its durable brick exterior and large flats, the building features hardwood floors, rich original woodwork, tall ceilings, original built-ins, a decorative fireplace, pocket doors, stackable washer/dryers in each unit, Corian counters and ceramic tile backsplashes, bonus office alcove, and bay windows. Historic charm, a vibrant neighborhood, and a location tenants love make this an outstanding addition to any investment portfolio! *Pictures show vacant units but both apartments are rented.

469 Madison Avenue

$450,000
6 Beds 2 Baths 202621604 MLS
This property is a fantastic opportunity for both living in and investing. It's a large, two-family corner home with a stucco exterior and a Spanish tile roof. Each unit features three bedrooms, one bathroom, a spacious living room, and a well-sized kitchen. Situated right on a main road, the property includes a fenced-in parking garage and sits on three separate tax parcels: 319, 317, and 315. The building itself sits on lot 319, and there are two adjacent lots, 317 and 315, that come with the property. The additional parcels could be converted into a two family buildings or four-units building spans across both the 315 & 317 lots. It's in a prime spot with highway, shopping, hospital, and schools all conveniently nearby.

319 McCarty Avenue

$553,000
5 Beds 4 Baths 202621418 MLS
MULTIPLE OFFERS - DEADLINE TO SUBMIT OFFERS 12 NOON, WEDNESDAY JULY 15th. If houses have birthdays, 212 Lenox Av is about to hit a milestone! Built in 1927, this quintessential Tudor-style home is soon turning 100! We think you'll agree that ''she looks great for her age''! Too many original charming details to list, but here are a few: half-round entry door, natural wood wall paneling, beamed ceilings, and original open staircase. The home has two fireplaces (both gas), a 4-season sunroom, and a VERY RARE first floor primary suite (and wow, it is SPACIOUS)! Air Conditioning (3 splits) on first floor, and natural gas hot water heating. When we tell you there is room for everyone, we mean it! 2nd floor has additional 4 bedrooms, 1.5 baths, and there is a walkup 3rd floor attic, finished into yet another room. In addition to all of that, the oversized 2.5 car garage has a 2nd floor loft that's ideal for - whatever! At home office? Tuck away the college kids and their friends? You name it! There is both heat and AC in this finished space. Outside you'll find intimate courtyards both front and back, surrounded by pollinator perennial gardens. Not sure if you'd rather have a pool or hot tub? What about a hybrid? There is a Tidal Fit Swim Spa, perfect for exercise or relaxation all year long! Roof was installed 2016, blown-in insulation has been added, and there is an invisible dog fence for Fido. There are two laundry areas, one in basement and another on first floor (appliances included). Walk to Buckingham Lake, New Scotland Av businesses and hospitals. This location can't be beat! This is a rare offering and not to be missed - Schedule your private showing or come to the open house Sunday, July 12 - 11am to 1pm.

212 Lenox Avenue

$385,000
6 Beds 2 Baths 202620878 MLS
Attention investors and owner-occupants! Don't miss this fantastic opportunity to own a well-maintained two-family home with excellent income potential. Featuring a brand-new kitchen, updated bathroom, and separate utilities for each unit, this property is designed for convenience and long-term value. Current tenants are on month-to-month leases, offering flexibility for future plans. A private driveway provides off-street parking, and the convenient location puts you close to schools, shopping, restaurants, parks, public transportation, and major highways. Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the other, this property is a must-see!

103 Southern Boulevard

$465,000
10 Beds 3 Baths 202620596 MLS
Attention investors and house-hackers! Welcome to 117 4th Ave, an all-brick triplex in downtown Albany offering an incredible $5,100 estimated monthly gross rent roll. This cash cow features a high-occupancy layout with 10 total bedrooms spread across 3 incredibly spacious apartments. Every single unit has been previously beautifully remodeled with newer windows, durable luxury vinyl plank (LVP) flooring, updated kitchens, modern bathrooms, and separate, newer mechanicals. All three units' tenants pay their own heat, hot water, electric & gas. This property offers the ultimate house hack opportunity. You can move into one unit and let the other two pay your mortgage, or rent out all three to maximize your portfolio's ROI. Both vacant units feature a fresh coat of paint and are primed for immediate tenant occupancy. Because two of the units are currently vacant, scheduling showings is a breeze. With its low-maintenance brick exterior that was just recently repointed, separate utilities, and strong rental demand, this property is a rare find. Don't miss out - schedule your tour today before it's gone!

117 4th Avenue

$650,000
4 Beds 4 Baths 202620547 MLS
MULTIPLE OFFERS: Highest and Best offers due by Tuesday, June 30 at 4pm. If your homebuying checklist has lots of boxes, expect that this listing will check many of them! First time ever offered for sale, this one-owner home was custom built. Quality construction throughout including oak floors, built -in cabinetry, crown moldings, etc. Traditional in style, the home is extremely comfortable and cozy, and with nearly 3,000sf - the rooms are generously sized. Formal living/dining rooms, and a front-to-back family room (with fireplace) is open to the eat-in kitchen. A 4-season sunroom with gas stove at rear of home overlooks the yard/pool. Second floor primary suite has laundry in updated bathroom (there is also an area designed for laundry on first floor), and another bedroom with an ensuite bathroom. Two additional bedrooms share a third full bathroom. The last home on a dead-end street, you'll enjoy the full-width covered front porch and large deck in the HUGE backyard - which has in-ground pool and gas firepit. City convenience, but with suburban feel - this property really is a unique offering! Open House Saturday and Sunday, June 27 & 28 - Noon to 2pm.

36 Clarendon Road

$499,900
4 Beds 3 Baths 202620439 MLS
Multiple offers. Please have highest and best to me by Wednesday July 1st. by 3:00 p.m. Welcome to this stunning Mid-Century Modern executive ranch, perfectly situated on a nearly half-acre lot in Albany's desirable Melrose neighborhood. The custom kitchen features granite countertops, stainless steel appliances, and opens seamlessly to the family room, creating the perfect space for everyday living and entertaining. A spacious living room with a gas fireplace and gleaming hardwood floors throughout adds warmth and character. The primary suite is a true retreat, offering a luxurious spa-inspired bath with a separate shower room, bidet, and custom vanity. The home also features 2 full baths and 1 half bath, convenient first-floor laundry, replacement windows throughout, gas forced-air heat, central air conditioning, and two-zone heating. The huge finished basement provides exceptional additional living space and a bomb shelter currently used for wine! The oversized 2-car garage includes an EV charger. Energy-efficient owned solar panels help reduce utility costs. A newer roof and premium Anderson windows completes this meticulously maintained home. Two high efficiency TRANE C/A and heating systems installed in 2021. An exceptional opportunity to own a distinctive property with modern amenities in one of Albany's most sought-after neighborhoods.

101 Fairlawn Avenue

$679,800
4 Beds 3 Baths 202620413 MLS
Here is your chance to own a classic, spacious, and sun-drenched Colonial filled with the timeless charm of yesteryear, ideally located in one of Albany's most desirable neighborhoods within walking distance to shopping, hospitals, and local colleges. No expense has been spared in transforming this stunning residence into what feels like a brand-new home. Rich hardwood floors, exquisite moldings, and quality craftsmanship are showcased throughout. The chef-inspired kitchen is sure to impress, featuring 40'' cabinetry, quartz countertops, stainless steel appliances, a walk-in pantry/laundry area, and an adjacent full bath. The stunning family room and beautiful four-season porch overlook a private fenced yard with an in-ground pool and sitting area--perfect for entertaining summer guests. The second level offers four spacious bedrooms, including a luxurious primary suite with a spa-like walk-in shower and double vanity. The additional full bath is straight out of a designer showcase. Large windows throughout flood the home with natural light. After a swim, enjoy movie night in the bright finished basement, offering additional living space and excellent versatility. Notable upgrades include a decorative fireplace, raised-panel moldings, fin basement, IG pool totally refreshed, fenced yard, slate roof, and so much more.

704 Western Avenue

$630,000
9 Beds 4 Baths 202620262 MLS
Welcome to 246 Lenox Avenue, an extensively improved home offering approximately 4,355 square feet of living space in Albany's sought-after Buckingham Pond neighborhood. With 9 bedrooms, 4 full bathrooms, two primary suite options, dedicated office space, and a flexible floor plan, this home offers exceptional versatility for a variety of living arrangements. The main level features a full bathroom and 3 bedrooms, including a spacious primary suite with a large walk-in closet. Expansive living and dining spaces flow seamlessly into the renovated kitchen and family room. Upstairs, you'll find 6 additional generously sized rooms, including a second primary suite, an additional full bathroom, and abundant closet and storage space. Improvements include a renovated kitchen, updated bathroom, replacement windows, owned solar panels, generator, two-zone heating and cooling, Trex deck, interior and exterior paint, and a retaining wall. Combining size, functionality, and major capital improvements, this is a rare opportunity in one of Albany's most desirable neighborhoods. This is Home!

246 Lenox Avenue

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