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$625,000
3 Baths 202626017 MLS
Prime mixed-use investment opportunity in the heart of Downtown Albany! Located at 165 Madison Avenue, Albany, NY, just steps from the New York State Capitol and minutes from MVP Arena, this beautifully renovated 3,272 sq ft brick building offers exceptional visibility and long-term income potential in one of the city's most rapidly revitalizing corridors. Fully renovated in 2022 with high-end finishes, this two-story mixed-use property features a turn-key restaurant space on the first floor with approximately 2,022 sq ft of retail/dining area, complete with a full commercial kitchen, 6-burner stove, commercial exhaust hood, dedicated employee and customer restrooms, dining area with entertainment stage, and both front and rear entrances. Ideal for owner-operators or investors seeking a ready-to-run restaurant, tavern, café, or retail concept. The second floor includes a turn-key 2-bedroom apartment with strong rental potential, estimated at $2,000/month, providing additional income and flexibility for owner occupancy or leasing.Situated in a high-demand downtown corridor near the Capitol district, with major revitalization projects underway in surrounding buildings, this property offers both immediate usability and strong future appreciation potential. Perfect for owner-users, restaurateurs, or mixed-use investors seeking a strategic Albany location with built-in income and strong growth prospects. Financials available with signed NDA. Showings by appointment only with 24-hour notice. Qualified buyers and proof of funds required.

165 Madison Avenue

$750,000
6 Beds 5 Baths 202625904 MLS
Classic charm meets beautifully maintained curb appeal in this inviting vintage home. The attractive blue exterior is complemented by crisp white trim & traditional dark shutters, creating a timeless & welcoming presence. A handsome brick walkway leads to the covered front entry, while the professionally landscaped grounds feature neatly manicured lawns, mature plantings, sculpted shrubs, & established trees. Step into the gracious foyer of this distinguished 100-year-old Center Hall Colonial, where timeless character and thoughtful updates come together beautifully. The generous entry features a striking mural and open staircase, setting the tone for the elegant, yet relaxed interiors beyond. The front-to-back formal living room is filled with natural light and anchored by a period fireplace, while the spacious dining room provides the perfect setting for everything from intimate gatherings to family-sized dinners. The well-appointed kitchen features a commercial range, granite countertops, and an adjacent work niche with built-in desk. A four-season sunroom and inviting family room add even more comfortable living space to the main level. The second floor offers an impressive primary suite with its own fireplace, a beautifully appointed bath with double vanity, tiled shower and classic clawfoot tub, plus an oversized walk-in closet/dressing room. Two additional bedrooms each enjoy their own full vintage-style baths. A versatile bonus room provides endless possibilities as a home office, exercise room, playroom or creative space. The third floor adds two more generous bedrooms and an additional full bath, providing exceptional flexibility for family, guests or work-from-home needs. Throughout the home, original architectural details have been thoughtfully preserved, including built-in cabinetry, beautiful oak floors, period moldings & woodwork. Come see this gracious Albany home Saturday Sep 12, 1-4pm at the open house, or arrange a private tour today.

64 Euclid Avenue

$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

$550,000
9 Beds 5 Baths 202625663 MLS
A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade. The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations.

141 S Allen Street

$350,000
9 Beds 3 Baths 202625457 MLS
Investor opportunity in the heart of Albany! Welcome to 73 Clinton Street, a spacious three-unit multifamily property offering approximately 3,300 square feet of living space in a convenient South End location. The property is situated on a corner lot and is being sold together with the adjacent vacant lot at 71 Clinton Street. Just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, dining, entertainment, shopping, public transportation and major highways, this location offers convenient access to everything the city has to offer. With three separate units and the added value of the adjacent lot, this property presents a unique opportunity for an investor looking to expand their portfolio or an owner-occupant seeking rental income. A rare opportunity to own a substantial multifamily property with additional land in a prime Albany location!

73 Clinton Street

$624,900
202625188 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

$399,800
5 Beds 3 Baths 202625187 MLS
49 Hillcrest Ave presents an excellent opportunity in Albany's highly sought-after Eagle Hill neighborhood, conveninently bordering Western Ave.. This one-owner, up/down duplex was constructed in 1983 and offers two distinct living spaces, each with private laundry, outdoor access, and off-street parking. The spacious lower unit spans two floors and over 2000 sq. ft.- with 3 bedrooms and 2 full bathrooms. A modern townhouse-style layout features a wet bar on the lower level, spiral staircase, and separate hallway laundry. The upper unit offers 2 bedrooms and 1 full bathroom, with vaulted ceilings and skylights creating a bright, open living space. A dedicated laundry closet adds everyday convenience. Both units have interior apartment access and direct access to a multi-tiered deck, providing private outdoor space. The property includes a total of four off-street parking spaces. Both units are currently occupied by month-to-month tenants, offering flexibility for future ownership. The location is a major draw--minutes from area hospitals, UAlbany, major Capital District roadways, and directly across Western Ave from the Harriman Campus. The neighborhood is positioned for continued growth with the billion-dollar Wadsworth Laboratory project underway at Harriman. Slated to open in 2030 and projected to employ approximately 800 people, the state-of-the-art facility adds another compelling layer to an already desirable rental location. A well-positioned duplex with flexibility today and strong potential for tomorrow, this property is an excellent value add for the savvy investor and owner/occupy buyer alike! Some photos have been digitally altered for staging purposes. 24 hour showing notice required.

49 Hillcrest Avenue

$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

$529,000
4 Beds 4 Baths 202624599 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including stunning marble mantels which highlight the home's historic character. Thoughtful updates enhance both style and functionality, with remodeled kitchens and baths featuring granite countertops, updated flooring, a rubber roof, newer windows, hot water tanks, and much more. The property has also been freshly painted and offers separate utilities for added ease. Conveniently located in the highly sought-after Center Square, Hudson Park, and Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

137 Lancaster Street

$539,000
4 Beds 4 Baths 202624598 MLS
Welcome to this beautifully maintained fully occupied 4 Unit, ideally located in the heart of Albany. Each spacious full-floor unit showcases original architectural details throughout, including soaring cathedral ceilings, original fireplaces, crown molding, mantels, hardwood floors throughout, stained glass windows and much more, highlighting the home's historic character. The property offers separate utilities for added ease. Conveniently located in the Washington Park neighborhoods. Just minutes from the State Capitol, downtown government and legislative buildings, Albany Medical Center, Albany Law School, SUNY, as well as restaurants, galleries, and local shops. Ideal for investors seeking a strong addition to their portfolio. Do not miss this rare opportunity in an exceptional location.

221 Lancaster Street

$369,900
7 Beds 5 Baths 202624358 MLS
Located in Albany's historic Ten Broeck Triangle, this distinctive three-unit property offers a rare opportunity to own and restore a piece of Albany's architectural history, while creating the potential for rental income to help offset the cost of homeownership. Featuring seven bedrooms and five baths, the home offers exceptional flexibility for an owner-occupant or investor. The expansive two-level upper unit features a spacious primary bedroom with remarkable views of the Albany skyline, including the Empire State Plaza and The Egg. A detached two-story carriage house/garage provides valuable off-street parking and additional potential, including possible future accessory dwelling use, subject to zoning and municipal approvals. A unique opportunity combining history, income potential, impressive views, generous space, and an exceptional location.

28 1st Street

$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

$263,900
5 Beds 3 Baths 202624222 MLS
Investors or owner occupaied, here is an opportunity to buy an established property with additional parking, or the potential for a multi stall garage for parking or storage. 476 Second Street is a 5 bedroom, 3 bath triplex. The basement apartment is a 1 BR, 1 bath unit, currently vacant. All units are electric heat and gas ranges. The basement unit has an electric water heater, Second and third story units have gas water heater, and third floor unit also has a no vent fireplace. The first floor apartment is 2 BR/1 bath. Long term, month to month tenants occupy this unit. The second floor 2 BR/1 bath unit is vacant move in ready. Each unit has plenty of additional rooms for storage/walk in closet/nursery use. Rubber roof is 7-8 years old. The next door parcel (478 Second Street) has an additional .06 of acreage for parking future renovation of the four car garage for storage. Lots of potential at a very competitive price.

476 2nd Street

$379,900
6 Beds 2 Baths 202624107 MLS
Excellent opportunity to own a well maintained two family property in Albany! One unit is currently rented, while the second unit is vacant and move-in ready--ideal for an owner-occupant or new tenant. Each spacious apartment features 3 bedrooms, 1 full bathroom, a comfortable living room, and a functional kitchen. Updated bathrooms add to the property's appeal while minimizing the need for immediate renovations. Additional features include convenient off street parking and a 2 car garage. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers excellent potential. Don't miss this opportunity to own a versatile two-family property in Albany.

18 McCrossin 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

$639,900
5 Baths 202623729 MLS
Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.

197 Lark Street

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