A great opportunity for a medical or professional user to own or rent. This well-positioned condominium offers a professional setting and flexible space ideal for a physician, dentist, therapist, healthcare provider, or other professional practice. Conveniently located just off I-787/I-90 next to Memorial Hospital. Available for sale or lease.
A great opportunity for a medical or professional user to own or rent. This well-positioned condominium offers a professional setting and flexible space ideal for a physician, dentist, therapist, healthcare provider, or other professional practice. Conveniently located just off I-787/I-90 next to Memorial Hospital. Available for sale or lease.
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!
Rare turnkey restaurant and lounge in Loudon Plaza on Northern Blvd., at the Albany/Loudonville border. Fully built out and move in ready with brand new, never used equipment at a fraction of today's build cost and available now. Showpiece interior: granite bar, crystal chandeliers, marble tables, velvet banquettes, and black and gold finishes. Front lounge, main and private dining rooms, upscale restrooms, and a covered patio. About 2,665 SF next to Albany Memorial Hospital, with roughly 300 parking spaces and fast access to I-90, I-787, and I-87, minutes to downtown Albany. Bring your concept: fine dining, Italian, steakhouse, lounge, or events. Equipment and buildout for sale; lease negotiated with ownership. Call for the equipment list and a private showing.
Great opportunity to own a commercial property in Albany at an affordable price point. This versatile space offers approximately 391 sq. ft. and provides flexibility for a variety of potential uses. Conveniently located with easy access to major roadways and surrounding neighborhoods. Ideal for an owner-user, small business, office, studio, or investor. Offered at $75,000. Bring your vision and explore the possibilities this property has to offer.
For Sale: Prime Mixed-Use Building in Downtown Albany. Seize the opportunity to acquire a ±24,072 square foot, four-story mixed-use building in the heart of Downtown Albany. Zoned Mixed-Use Downtown (MU-DT), this building offers diverse possibilities for retail and office use. 1st floor and basement currently rented to restaurant user for $5,500.00 a month. Lease ends February 28, 2029.
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.
THIS IS THE ACTUAL REAL ESTATE FOR SALE ON ONE OF THE BUSIEST ROADS IN THE CAPITAL DISTRICT Unlock the potential of this fully built-out restaurant space in the heart of the Guilderland market with approximately 14 parking spots! Recently renovated in 2020, this 1,714 SF freestanding building offers modern finishes, efficient layout, and excellent curb appeal. With exceptional visibility along Western Ave, this location benefits from high traffic counts and sits just seconds from the Capital Region's first Costco, driving tremendous consumer activity to the corridor. This turnkey opportunity is ideal for an owner-user or operator looking to step into one of the region's most vibrant retail and dining markets. Investment highlights: - Prime commercial space - Versatile space for customization - High visibility for retail or restaurant - Easy accessibility for customers
For Lease: Versatile Commercial Space. Discover commercial rental spaces in a prime location close to the Northway at 8 Nolan Rd across the street from Colonie Center Mall. Ideal for office, retail, fitness center, manufacturing or mixed-use needs. This 2600 Sq/Ft. unit features separate energy efficient utilities. Two dedicated bathrooms with showers. High ceilings. Building just went under an extensive renovation including a complete paint job (exterior and interior common spaces), updated bathrooms, improvements to HVAC systems, and a freshly paved new asphalt parking lot. Convenient Location, Ample Parking, Mixed-Use with Flexible Spaces.
For Lease: Versatile Commercial Space. Discover commercial rental spaces in a prime location close to the Northway at 8 Nolan Rd across the street from Colonie Center Mall. Ideal for warehouse, office, retail, fitness center, manufacturing or mixed-use needs. This 3600 Sq/Ft. unit features a large garage access door for easy access for deliveries or services. Separate utilities. Dedicated bathroom with a shower. Building just went under an extensive renovation including a complete paint job (exterior and interior common spaces), updated bathrooms, improvements to HVAC systems, and a freshly paved new asphalt parking lot. Convenient Location, Ample Parking, Mixed-Use with Flexible Spaces. Possession Date 1/1/2026
Bring your vision to life at 90 South Swan Street! Located directly across from the New York State Capitol, this versatile storefront offers a clean slate for your next business venture. The space could be an excellent fit for a coffee shop, bagel shop, convenience store, boutique, office, or another creative concept. Take advantage of this highly visible location and make it happen!
AVAILABLE: NOW!! A 800 sq ft retail or office space where all your essential utilities (heat, hot water, and electric) are INCLUDED! This storefront boasts a highly convenient location on a busy gateway street leading into Albany from the prosperous neighboring town of Delmar. Capitalize on: Outstanding Visibility: Ensure your business gets noticed. Massive Drive-By Traffic: Approximately 14,000 cars pass by daily, offering constant exposure. Excellent Walk-In Potential: Attract foot traffic in this active area. Versatile Options: Perfectly suited for a dynamic retail presence or a professional office setup.
MIXED USE WITH RESIDENTIAL & COMMERCIAL TENANTS. CLASS A+ OFFICE BUILDING. SUPERIOR CONDITION WITH HIGH-END FINISHES. PROFESSIONAL TENANT MIX. SOLID LEASES. GREAT CASH FLOW. EASY ACCESS TO RT 155, I90, I87, DOWNTOWN ALBANY, NANOTECH CENTER, ETC. 9 RESIDENTIAL TENANTS & 6 COMMERCIAL SPACES.
11.7% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water.
Courtesy: DiMatteo Realty LLC
914-443-8077
INVESTMENT OPPORTUNITY – TWO 5-UNIT MULTIFAMILY PROPERTIES 10 UNITS 7.5% CAP RATE Exceptional opportunity to acquire two 5-unit multifamily apartment buildings offering a combined 10 residential units and strong existing income. With a gross annual income of $146,052 and a 7.5% cap rate, this portfolio presents an attractive opportunity for investors looking to expand their holdings with an income-producing multifamily asset. Sparkill Avenue Property – 6,608 Sq. Ft. 5 Units The larger building consists of four spacious two-bedroom apartments and one one-bedroom basement apartment. Tenants pay their own utilities, helping reduce the owner's operating expenses and supporting stronger overall cash flow. Second Property – 4,209 Sq. Ft. 5 Units The second building offers a diversified unit mix consisting of three one-bedroom apartments, one two-bedroom apartment, and one studio apartment, providing rental options that appeal to a broad tenant base. Together, the properties offer approximately 10,817 square feet, 10 rental units, and an established income stream. The combination of multiple unit sizes, tenant-paid utilities at the Sparkill property, and a 7.5% cap rate makes this an opportunity worth serious consideration for both experienced multifamily investors and buyers looking to grow their real estate portfolio. 10 Units • $146,052 Gross Annual Income • 7.5% Cap Rate • Approximately 10,817 Combined Sq. Ft. A compelling multifamily investment with immediate income and long-term potential. Add two income-producing properties to your portfolio in one transaction. The other property adress is 287 Mrytle Ave.
Approximately 1,450 square feet of retail space in downtown Albany in the Mansion neighborhood on the south side of lower Madison Avenue. Space is potentially demisable. Potential for fit-up as a restaurant with some prior plumbing, ventilation, and exhaust in place. Two bathrooms, potentially one for customers and one for employees. Permitted and conditional uses include Restaurant, bar, beauty salon, spa or barbershop, commercial food preparation, office, personal or business service, indoor recreation or entertainment (gym, yoga, etc.), general retail, smoke or vape shop, specialty retail, and religious institution.
Approximately 1,160 SF restaurant space available on Lark Street. The space has been recently updated and is nearly turnkey, featuring a new hood, walk-in freezer, sinks, bathroom, storage area, and existing restaurant equipment to remain. The primary remaining improvement is flooring in the front restaurant area. Gross Lease + Utilities - $4,200 per month. Well located with convenient access to Washington Park, Downtown Albany, the NYS Capitol and State offices, Albany Medical Center, St. Peter's Hospital, and the surrounding Lark Street neighborhood. Great opportunity for a restaurant operator looking for an existing buildout with much of the infrastructure and equipment already in place.
Take advantage of this excellent location for your business! Many possible uses (COR zoning)! The entrance is visible from Central Ave, across from CarMax, cars stopped between 2 signaled intersections. 43,000+ car count. This flex space is adjacent to the Tint King. Entrances on the side + rear of the building. Overhead door in the rear. Signage on Central Ave. Bring your vision to this great space! $17/SF +NNN Front, $15/SF +NNN Back.
+/- 6,337 SF Cash flowing mixed-use asset in downtown Albany. The property includes eight 1-bedroom units and a ground floor commercial space. Property is fully leased and all units are recently updated. Roof was replaced in 2024. Prominent corner location at the intersection of Henry Johnson Blvd & Second Street. Close proximity to Downtown Albany, major employers, hospitals, universities, state government offices, and dining and shopping amenities. +/- 0.29 acre lot includes ample parking and possibility for additional development. Potential value-add through increasing below market rents.
Unlock the potential of this versatile mixed-use property offering several opportunities to generate income under one roof. With the right vision and updates, this property could be an excellent investment for an owner-occupant or investor looking to maximize its income potential.
Prime commercial opportunity just off Central Ave! This approximately 3,500 SF warehouse offers flexible potential for a variety of uses and is zoned Commercial. Features 20' ceilings, a 14' overhead door, and a private 60' x 40' fenced lot providing parking/storage for approximately 8+ vehicles. Ideal for contractors, trades, building/plumbing/electrical supply storage, vehicle storage, warehouse use, and more. The building is currently unheated and does not have water. Excellent location with easy access to Central Ave and surrounding Capital District markets.
Prime first level office space offering 1,200 SQ FT in a highly visible location directly across the street from the Albany County Courthouse. This modern office space features a private restroom, central heat, hot water, and A/C included in the rent. Ideal for attorneys, professional offices, service or businesses. Immediate Occupancy Available.
Value-add investment opportunity in Albany's highly desirable Center Square neighborhood. This 6-unit mixed-use apartment building features two street-level commercial spaces, offering investors the opportunity to acquire an existing income-producing asset with additional upside through repositioning, leasing, or owner-user occupancy. Ideally located within walking distance of restaurants, bars, shopping, and Washington Park, the property offers strong urban accessibility and convenient proximity to downtown Albany. A compelling opportunity for investors seeking a value-add multifamily/mixed-use asset in an established neighborhood. Schedule your showing today.
Excellent mixed use building in Albany. Looking to open a restaurant, tavern, or in need of commercial space? The ground level is vacant and ready for you. All equipment in place stays with the building. Commercial space has a large kitchen and a fantastic bar area. Two apartments above are 1 bed, 1 bath that rent out at $950 each. Both units have high ceilings. 2nd floor has rear deck and 3rd floor has use of the rooftop.
Commercial portfolio at 10% CAP RATE consisting of 5 commercial retail units, 16 room SRO, 3-bedroom apartment and a vacant lot. Located in the heart of the Albany Central Avenue Business District on Central Avenue, Quail Street and Sherman Street. Signed NDA and Proof of Funds required. See associated docs for property factsheet.
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Albany is located in New York. Albany, New York has a population of 99,402. Albany is less family-centric than the surrounding county with 19.68% of the households containing married families with children. The county average for households married with children is 27.09%.
The median household income in Albany, New York is $52,583. The median household income for the surrounding county is $73,810 compared to the national median of $69,021. The median age of people living in Albany is 31.6 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 39.5 inches per year, with 51.6 inches of snow per year.
