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$499,800
5 Baths 202614498 MLS
Excellent mixed use opportunity on Albany's historic New Scotland Ave! This property features 4 occupied apts (1 studio/3-1 bed) and showcases an iconic, street-level restaurant space inhabited by a local favorite with a proven track record. Walking distance to community pillars such as St. Peter's Hospital, Albany Med, Sage Colleges, Albany Law School, and many more. Driveway included with property located on Grove Ave. Studio-$475, 2nd flr 1 beds-$875 and $925, 1st flr 1 bed-$725. All below market value with room for improvement! All units are metered separately (electric heat). **Showings will be conducted periodically throughout week in groups, contact LA1 for more info. Restaurant tenant has right of first refusal.** First flr apt will be vacant upon closing. New Pro Forma included in docs.

261 New Scotland Avenue

$589,000
6 Beds 4 Baths 202614261 MLS
PRICE IMPROVEMENT ** Award-Winning 4-Unit in Historic Ten Broeck Triangle** Experience a blend of 19th-century elegance and modern peace of mind at 79 Ten Broeck Street. Originally built in 1872 for James Martin, this stately brick brownstone stands as a testament to Albany's rich architectural history and has been meticulously maintained to the highest standards. **Property Highlights** Proven Quality: Recipient of the *2019 Historic Albany Foundation Preservation Initiative Award* for its comprehensive and thoughtful rehabilitation. Safety & Infrastructure: Fully updated with a complete sprinkler system throughout the building--a rare and valuable safety feature for historic multi-families. Meticulous Interiors: The building is in excellent shape, featuring soaring ceilings, exposed brick walls, and beautifully refinished original wide-plank wood floors that radiate character. Turn-Key Operation: Home to great, reliable tenants who care for their spaces. The property is truly ''plug and play'' for a savvy investor or an owner-occupant looking for a sophisticated urban lifestyle. Investment Potential While the property is currently fully leased and generating steady income, the rents are currently below market value. This provides a clear path for immediate equity growth and increased cash flow through strategic adjustments. Location: The Historic Ten Broeck Triangle Nestled in one of Albany's most charming and historic districts, 79 Ten Broeck is just steps away from: * The vibrant dining and entertainment of Downtown Albany and the Palace Theatre. * Easy commutes to the Capitol, SUNY Albany, and major hospital hubs. Whether you are looking to expand your portfolio with a trophy asset or start your investment journey, this building offers the perfect marriage of historic soul and modern mechanical reliability. Don't miss the chance to own a piece of Albany's history. Contact Craig Cioffi today.

79 Ten Broeck Street

$353,000
6 Beds 4 Baths 202614021 MLS
Highest & Best due by 6pm 3/29 Sunday Well-maintained three-unit property located in the City of Albany, offering strong income potential and owner-occupant flexibility. Total current gross rental income is $2,550/month, with additional upside to $3,450/month when the vacant unit is leased. The first-floor unit features 3 bedrooms and 2 full baths, currently rented at $1,350/month. The second-floor unit offers 2 bedrooms(plus bonus room) and 1 full bath, rented at $1,200/month. The third-floor unit includes 1 bedroom and 1 bath and is currently vacant, with an estimated rental value of $900/month. ROPs are current and up to date. Property is in great condition with hardwood floors throughout and a roof approximately 13 years old. Updated electrical adds to the overall value. Tenants have access to washer and dryer in the basement, off-street parking for up to three vehicles, and a private backyard. Conveniently located just off Delaware Avenue, close to shopping, dining, and public transportation. Directly across from Lincoln Park and tennis courts, and minutes from Albany Medical Center and St. Peter's Hospital. Owner currently pays water, sewer, trash, hot water, and internet. Tenants pay electric, gas, and heat. Property offers views of downtown Albany. Excellent opportunity for investors or owner-occupants seeking immediate income with additional upside.

288 Morton Avenue

$517,575
5 Beds 4 Baths 202613904 MLS
Don't miss out on this beautifully renovated four-unit investment property located in downtown Albany's Capitol District. 3/4 units left vacant so new owner can place tenants and/ or occupy. Ideal for investors or owner-occupants seeking strong upside the property features classic architectural character including high ceilings, original details, and abundant natural light throughout. The buildings four units are comprised of 1 2 bedroom/ 1 bathroom & 3 1 bedroom/ 1 bathroom full floor flats providing a solid foundation for long-term rental strategy. Situated in a convenient downtown location, the property is within close proximity to N. Pearl Street's restaurants, shops & cafes, transportation, and neighborhood amenities, making it attractive for tenants and future appreciation/ resale value. Strong income-producing potential with the ability to increase rents and value through renovations and improved management. Seller is also open to subject to/ seller financing.

79 Columbia Street

$333,300
8 Beds 2 Baths 202613738 MLS
High-performing duplex in Albany, New York with strong in-place rents + extra income from coin-op laundry. A clean, easy-to-underwrite pro forma that works for both investors and owner-occupants (house hack).Both units are currently rented at $1,900/month unit 2 and $1800/Month unit 1 each for total rent of $3,700/month ($44,400/year), plus approximately $1,292/year in laundry income. Total gross income is ~$45.692/year. Operating expenses are straightforward: city + school taxes ($8,181/yr), and owner-paid water/sewer ($1,200/yr) Estimated 10% Cap Rate utilities are tenant-paid (gas/electric); owner pays water/sewer only. Top floor available for showing as per Showing Time instructions. First floor can be shown if further interest.

207 Western Avenue

$429,900
3 Baths 202613709 MLS
Step into your next business venture with a property that's as dynamic as your vision! This unique offering includes five combined lots--852-854 Madison Ave, along with 487-489 and 491 Yates St--providing an expansive footprint in a highly desirable Albany location. The property features a fully gated, asphalt-paved parking lot with convenient handicap-accessible entry at the rear, making it ideal for both clients and staff. Inside, the layout is designed for flexibility and functionality. The first floor offers six private rooms--perfect for offices, treatment spaces, or creative work areas--along with a spacious reception/intake area and two bathrooms. Upstairs, you'll find two large offices, a generous meeting or conference room, additional storage, and another bathroom--giving you room to grow and adapt. Whether you're launching a new concept, expanding your current operations, or investing in a high-potential commercial space, this property delivers the foundation you need. Located in the heart of Albany, it's more than just a space--it's an opportunity to bring your business ideas to life. Bring your vision. Build your future. Make it happen here.

854 Madison Avenue

$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

$249,999
5 Beds 2 Baths 202613250 MLS
*BACK ON MARKET PENDING RELEASES - Buyer could not obtain financing at no fault of seller* A spacious and charming townhouse style home nestled in the heart of Albany. This 5-bedroom, 2-bathroom gem is a perfect blend of comfort, style, and modern updates. Situated in a tranquil and quiet neighborhood, this residence offers a serene retreat while being conveniently close to local amenities. Step inside, and you'll be greeted by the spacious living room/dining room and beautifully updated kitchen, boasting modern appliances (stainless steel fridge and stove to be installed soon) and ample cabinet space. The main floor also features a full bathroom for added convenience. Upstairs, you'll find three comfortable bedrooms and a second full bath, while the third floor offers two additional bedrooms, perfect for guests, a home office, or flex space. Recent updates include several brand new windows, new stainless steel appliances, new furnace, fresh sheetrock, paint, and luxury vinyl plank flooring throughout. Outside, enjoy a large backyard ideal for entertaining, gardening, or relaxation, plus the bonus of off-street parking.

29 S Pine Avenue

$450,000
12 Beds 4 Baths 202612858 MLS
Multi offer situation. All offers in by Sunday 8PM.Huge brick four unit property. All four apartments are three bedroom one bath flats that include kitchen living room dining room and either laundry hook up in unit or hookup in the basement. Flooring is hardwood on left , luxury vinyl planking on right or sheet vinyl throughout. Shared driveway requires cooperation with the neighbor. The entire building was completely renovated in 2010 and condition in all un its is similar.. All meters are separate except water and sewer. Heating is through Gas forced air furnaces, kitchens include dishwashers. This is a proven multi-family rental, owned renovated and operated by the same owner for 16 years. TurnKey sale, owner financing may be available.

3 Bogart Terrace

$599,000
2 Beds 5 Baths 202612819 MLS
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.

204 Lancaster Street

$445,000
6 Beds 5 Baths 202612772 MLS
Located in the heart of Center Square, this historic brick brownstone multi-family building offers a fantastic opportunity to own in one of Albany's most vibrant neighborhoods. Just steps from the shops, restaurants, and nightlife of lively Lark Street and minutes to Albany Med, this location offers the best of city living with everyday convenience. Enjoy city views from the floor-to-ceiling windows, beautiful natural light, and 3 huge flats (each over 1,000 sq ft). The atrium area allows for endless opportunity and can easily be reimagined into a chic outdoor oasis. The garden apartment includes 2 bedrooms, 1 bathroom, and laundry in unit. Unit 2 includes 2 bedrooms and 2 full bathrooms, laundry in unit, and a deck off the second bedroom. Unit 3 includes 2 bedrooms, 2 full bathrooms, a large open living and dining area, and beautiful city views. Owner pays electric/internet for the 1st floor unit only; separate utilities for each unit. All units have gas fireplaces for supplemental heat. Ideal for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a strong addition to their portfolio, the property provides great flexibility and potential. The home also features a generously sized yard space--an uncommon find in the city--great for outdoor enjoyment. Permit parking is available behind the building for added convenience. A prime Center Square location, solid brick construction, and excellent rental capacity make this a great opportunity in the heart of Albany.

285 Lark Street

$700,000
5 Beds 4 Baths 202612671 MLS
OPEN HOUSE CANCELLED! A rare opportunity in Quadrini Estates! 23 Fairway Court is being offered for the first time ever. Custom built by these original owners in 1980, exceptional attention to quality and detail was clearly their priority. This spacious, gracious home offers the perfect balance of formal entertaining and everyday comfort. The layout features two primary suites--one on each level--making it ideal for multi-generational living or guest accommodations. The expansive second-floor suite connects to an additional oversized room that offers incredible flexibility: home office, den, exercise room, nursery, or private sitting room. This classic residence is ready for its next chapter and presents an excellent opportunity to update and personalize to your taste--reflected in the competitive list price. The rear deck requires repair or replacement and is being sold in as-is condition. Located in this highly desired Albany neighborhood, this is one of the subdivision's most distinguished properties. Don't miss your chance to make it your own!

23 Fairway Court

$450,000
2 Beds 2 Baths 202612265 MLS
Welcome to 133 Jay Street in the heart of Albany's Center Square neighborhood. Built in 1874, this stunning two-bedroom, two-bathroom home perfectly blends historic charm with modern updates! Step inside to find a spacious layout with generous room sizes and classic architectural details that reflect the home's rich history. The expansive living areas offer plenty of space for relaxing or entertaining, while large windows fill the home with natural light. The beautifully updated modern kitchen is a true centerpiece, featuring contemporary finishes, and plenty of counter space--ideal for both everyday living and hosting guests. Upstairs, you'll find two well-appointed bedrooms and two full bathrooms, offering comfort and convenience. With its impressive size, timeless character, and prime location just steps from local shops, restaurants, Washington Park, and downtown Albany, this Center Square gem offers the perfect balance of historic elegance and modern living. Don't miss your opportunity to own a piece of Albany history in one of its most vibrant neighborhoods!

133 Jay Street

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