Carrrealestategroupllc.com Search Results

$639,900

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.

5 Beds ⋅ 5 Baths ⋅ 202623726 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

$899,900

A rare, exceptional investment opportunity on Central Avenue, Albany's historic main commercial artery, stretching from near downtown Albany out toward Schenectady. This mixed-use building sits on a dense urban retail corridor with steady drive-by and foot traffic, offering the kind of diversified, multi-income-stream asset that's hard to find fully stabilized and available at once. Two ground-floor storefronts anchor the property, both currently leased, a thriving smoothie shop and an established mobile phone retailer, delivering strong, proven retail income from day one. A private entrance leads to four fully rented apartments in a mix of 1, 2, and 3-bedroom layouts, adding stable, diversified residential cash flow that balances the commercial income and reduces overall vacancy risk. At the rear of the building, a leased warehouse is accessed via two private garages, and here's where this deal separates itself from the pack: there's untapped square footage with the potential to be built out into an additional income-producing unit, or even converted into self-storage, giving an investor a clear, low-cost path to force appreciation and boost returns well beyond current in-place income. Opportunities like this, fully leased, diversified, and positioned for upside, don't sit on the market long. Schedule your showing today.

202623554 MLS

A rare, exceptional investment opportunity on Central Avenue, Albany's historic main commercial artery, stretching from near downtown Albany out toward Schenectady. This mixed-use building sits on a dense urban retail corridor with steady drive-by and foot traffic, offering the kind of diversified, multi-income-stream asset that's hard to find fully stabilized and available at once. Two ground-floor storefronts anchor the property, both currently leased, a thriving smoothie shop and an established mobile phone retailer, delivering strong, proven retail income from day one. A private entrance leads to four fully rented apartments in a mix of 1, 2, and 3-bedroom layouts, adding stable, diversified residential cash flow that balances the commercial income and reduces overall vacancy risk. At the rear of the building, a leased warehouse is accessed via two private garages, and here's where this deal separates itself from the pack: there's untapped square footage with the potential to be built out into an additional income-producing unit, or even converted into self-storage, giving an investor a clear, low-cost path to force appreciation and boost returns well beyond current in-place income. Opportunities like this, fully leased, diversified, and positioned for upside, don't sit on the market long. Schedule your showing today.

83 Central Avenue

$290,000

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

6 Beds ⋅ 3 Baths ⋅ 202623243 MLS

This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.

151 S Pearl Street

$399,900

** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

8 Beds ⋅ 4 Baths ⋅ 202623231 MLS

** Multiple offers- Best and final deadline is Monday, August 10 @ 5 PM** Exceptional investment opportunity in Albany's highly sought-after Pine Hills neighborhood! Whether you're looking to expand your portfolio or secure a strong income producing property, this well-maintained four-unit offers the perfect blend of immediate cash flow and long-term potential. Both of the second floor units are currently occupied by long-term month-to-month tenants.First floor left unit expected to be rented shortly, making this an attractive opportunity for both seasoned investors and owner-occupants alike. Each apartment features comfortable living spaces, functional layouts and beautiful hardwood floors creating spaces that are consistently appealing to tenants. The property has been maintained with vinyl replacement windows throughout, a new boiler and hot water heater (2025), and all Rental Occupancy Permits (ROPs) are current, providing added peace of mind. Located just minutes from Albany's colleges, hospitals, restaurants, parks, shopping, and major highways, this property enjoys a prime location in one of the Capital Region's most desirable rental markets. With a proven rental history, low-maintenance updates, and strong demand, this is a rare opportunity to own a turnkey multifamily.

101 S Pine Avenue

$334,000

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.

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

$325,000

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

5 Beds ⋅ 4 Baths ⋅ 202622792 MLS

Turnkey three-story duplex townhouse positioned in a high-demand downtown Albany corridor. Currently operated as a successful Airbnb for the past 2.5 years, this multi-family property has been used as a short-term rental, but could be used for corporate housing or traditional monthly income property. Close to MVP Arena, Empire State Plaza, the NYS Capitol Complex, and downtown dining and nightlife. Minutes from Albany Medical Center and major commuter routes including I-787 and I-90. High traffic area with consistent demand driven by state government operations, regional events, and healthcare professionals.

90 Madison Avenue

$329,777

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.

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

(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.

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

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.

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

$250,000

No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

202622658 MLS

No better location that this. The corner of Madison and Dove, offering 5 units, gutted and ready for your vision. Offered at $50k per door, with an ARV of $160 and higher per door on a high end renovation, there's is equity to build on. Buy and start work before summer is gone. Vacant, easy to show, easy to buy.

372 Madison Avenue

$2,149,000

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

202622391 MLS

Excellent investment opportunity in the heart of Albany's Central Avenue commercial corridor. The building offers a combination of 1 commercial and 6 residential spaces, making it ideal for investors seeking stable cash flow or owner-users looking to occupy while generating rental income. Offering includes 248 Sherman, a 7 unit residential/ 2 commercial property offering an excellent opportunity for both seasoned investors and owner-occupants. Property has been professionally managed and features solid rental potential in a convenient Albany location with easy access to downtown, major highways, hospitals, schools, and public transportation.

261 Central Avenue

$8,750,000

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.

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

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.

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

$699,000

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!

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

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.

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

$700,000

**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.

202621770 MLS

**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.

558 Madison Avenue

$700,000

**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!

8 Beds ⋅ 5 Baths ⋅ 202621769 MLS

**CAN BE SOLD AS A PACKAGE WITH 558 MADISON AVENUE** Seize a rare opportunity to own 5 units ideally located on the corner of New Scotland and Madison Avenue directly across from Washington Park and Albany Medical Center. This property is an investor or owner-occupier's dream, standing two stories and containing three 1BD/1BA units and two 2BD/1BA units, floor plan included in documents. One unit is occupied and the other four are primed for cosmetic renovations. The building dons historic details such as custom-doors, a beautiful brick facade, hardwood floors, and original moldings. Properties with this character and location are scarce, so act fast to capitalize on this unique chance!

552 Madison Avenue

$270,000

Versatile Albany property offering approximately 3,376 square feet of space on a 0.26-acre lot. Currently configured as an office building, the property presents an excellent opportunity for continued professional use, redevelopment, or potential conversion to multifamily apartments. Convenient Clinton Avenue location with access to major roadways, public transportation, downtown Albany, and area amenities. A compelling opportunity for investors, developers, or owner-users seeking a property with adaptable space and future potential. Residential conversion is subject to zoning, municipal approvals, building codes, and buyer due diligence.

202621755 MLS

Versatile Albany property offering approximately 3,376 square feet of space on a 0.26-acre lot. Currently configured as an office building, the property presents an excellent opportunity for continued professional use, redevelopment, or potential conversion to multifamily apartments. Convenient Clinton Avenue location with access to major roadways, public transportation, downtown Albany, and area amenities. A compelling opportunity for investors, developers, or owner-users seeking a property with adaptable space and future potential. Residential conversion is subject to zoning, municipal approvals, building codes, and buyer due diligence.

519 Clinton Avenue

$110,000

Three-family property offering strong upside potential for investors or rehab specialists. Once the work is done, generate ~$50,000 gross income per year. This building is in need of a full gut renovation and is being sold as-is. No interior access will be provided--drive-by only. Ideal for experienced buyers looking to reposition or redevelop a multi-unit asset in a convenient downtown Albany location close to schools, public transportation, and major routes. Bring your vision and unlock the potential. CASH ONLY. NO INTERIOR ACCESS.

8 Beds ⋅ 3 Baths ⋅ 202621656 MLS

Three-family property offering strong upside potential for investors or rehab specialists. Once the work is done, generate ~$50,000 gross income per year. This building is in need of a full gut renovation and is being sold as-is. No interior access will be provided--drive-by only. Ideal for experienced buyers looking to reposition or redevelop a multi-unit asset in a convenient downtown Albany location close to schools, public transportation, and major routes. Bring your vision and unlock the potential. CASH ONLY. NO INTERIOR ACCESS.

147 Clinton Avenue

$374,900

Attention investors! Prime rental opportunity in the heart of Albany's thriving student neighborhood. This updated 3-family property features a total of 10 bedrooms, offering an ideal setup for high-demand student housing. generating an impressive $5,200/month in income, this property is a proven cash flow machine. Many recent updates throughout. Located just minutes from area colleges, this is a can't-miss opportunity to expand your portfolio. A true gem!

10 Beds ⋅ 3 Baths ⋅ 202621496 MLS

Attention investors! Prime rental opportunity in the heart of Albany's thriving student neighborhood. This updated 3-family property features a total of 10 bedrooms, offering an ideal setup for high-demand student housing. generating an impressive $5,200/month in income, this property is a proven cash flow machine. Many recent updates throughout. Located just minutes from area colleges, this is a can't-miss opportunity to expand your portfolio. A true gem!

472 Hudson Avenue

$484,999

Excellent investment opportunity in Albany's desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical, updated kitchen and bath. Unit 3 (back) is being used as an AirB&B, $2,600-2,800/monthly. Conveniently located near public transportation and neighborhood amenities, this is a fantastic opportunity in one of Albany's most established rental markets.

9 Beds ⋅ 3 Baths ⋅ 202621199 MLS

Excellent investment opportunity in Albany's desirable Pine Hills neighborhood! This well maintained multi family property offers strong income potential, currently brings $5,400/month, $64,800/yearly. Unit 1 (front) has 4BEDS, handicap accessible, long term tenants, current rent is $1,500 but it could easily be $1,900-2,200. Unit 2 (middle) has 4 BEDS, $1,900/month, new plumping, electrical, updated kitchen and bath. Unit 3 (back) is being used as an AirB&B, $2,600-2,800/monthly. Conveniently located near public transportation and neighborhood amenities, this is a fantastic opportunity in one of Albany's most established rental markets.

77 S Allen Street

$385,000

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!

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

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!

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

$389,000

Sold before print

7 Beds ⋅ 5 Baths ⋅ 202620303 MLS

Sold before print

183 Delaware Avenue

$630,000

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!

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

$599,000

Are you looking for an investment with a serious net income? This cash cow NETS over $62,000! All month to month tenants, with many long term tenants. 3 -One bedroom units, 2- Four bedroom units and 1- Three bedroom unit. Plenty of off street parking with up to 12 off street parking spaces. Convenient location, close to downtown, colleges, busline, with shopping and dining just around the corner!

13 Beds ⋅ 6 Baths ⋅ 202620241 MLS

Are you looking for an investment with a serious net income? This cash cow NETS over $62,000! All month to month tenants, with many long term tenants. 3 -One bedroom units, 2- Four bedroom units and 1- Three bedroom unit. Plenty of off street parking with up to 12 off street parking spaces. Convenient location, close to downtown, colleges, busline, with shopping and dining just around the corner!

518 Hudson Avenue

$599,990

Recently renovated 6 unit. One occupied 3 bedroom. Remaining units are all unoccupied and consist of three 2 bedrooms and two one bedrooms.

11 Beds ⋅ 6 Baths ⋅ 202620220 MLS

Recently renovated 6 unit. One occupied 3 bedroom. Remaining units are all unoccupied and consist of three 2 bedrooms and two one bedrooms.

464-466 Washington Avenue

$425,000

Discover this stunning three-story 2-family home in the desirable Pine Hills neighborhood of Albany. Meticulously cared for by the same owners for over a decade, this property showcases pride of ownership at every turn. Both units feature gleaming hardwood floors, brand-new kitchens equipped with premium Bosch appliances, and beautifully updated bathrooms with high-end finishes. The third floor has been thoughtfully converted into versatile additional living space complete with its own full bath -- perfect for an extended family, home office, or extra rental income. Additional highlights include: • New windows throughout with custom faux wood blinds. • Updated electrical and plumbing systems • A clean, dry basement with coin-op laundry • Proven exceptional rental history Whether you're an investor seeking strong cash flow or an owner-occupant looking for an exceptional home with income potential, this turnkey property is a standout. Rarely does a 2-family of this quality become available in one of Albany's most sought-after neighborhoods. Don't miss your chance to own the best the area has to offer.

10 Beds ⋅ 3 Baths ⋅ 202620165 MLS

Discover this stunning three-story 2-family home in the desirable Pine Hills neighborhood of Albany. Meticulously cared for by the same owners for over a decade, this property showcases pride of ownership at every turn. Both units feature gleaming hardwood floors, brand-new kitchens equipped with premium Bosch appliances, and beautifully updated bathrooms with high-end finishes. The third floor has been thoughtfully converted into versatile additional living space complete with its own full bath -- perfect for an extended family, home office, or extra rental income. Additional highlights include: • New windows throughout with custom faux wood blinds. • Updated electrical and plumbing systems • A clean, dry basement with coin-op laundry • Proven exceptional rental history Whether you're an investor seeking strong cash flow or an owner-occupant looking for an exceptional home with income potential, this turnkey property is a standout. Rarely does a 2-family of this quality become available in one of Albany's most sought-after neighborhoods. Don't miss your chance to own the best the area has to offer.

640 Morris Street

$419,900

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

3 Baths ⋅ 202620096 MLS

407 Central Ave is a well positioned mixed use investment property. The first floor offers commercial space, while the 2nd and 3rd floor features 2 spacious 4 bedroom/1 bath residential units. This layout creates multiple income streams and strong rental potential. It also offers flexibility for investor/owner-occupants or buyers looking to improve the property and grow long-term value.

407 Central Avenue

$499,000

This 3-unit has been updated and maintained. There is newer flooring, updated kitchens and baths in all 3 units. Unit 1 has 4 bedrooms and 1 full bath, Unit 2 has 3 bedrooms and 1 full bath. Unit 3 has 3 bedrooms and 1 full bath. There is a large living room in each unit. Small backyard and a larger side yard that tenants use for a 3 car off street parking area. Each unit is month to month and could be getting higher rents.

10 Beds ⋅ 3 Baths ⋅ 202619770 MLS

This 3-unit has been updated and maintained. There is newer flooring, updated kitchens and baths in all 3 units. Unit 1 has 4 bedrooms and 1 full bath, Unit 2 has 3 bedrooms and 1 full bath. Unit 3 has 3 bedrooms and 1 full bath. There is a large living room in each unit. Small backyard and a larger side yard that tenants use for a 3 car off street parking area. Each unit is month to month and could be getting higher rents.

144 Broad Street