Long term popular restaurant along with two apartments upstairs on Central Ave. Commercial appliances, perfect for a small restaurant operation. All utilities separate with one car garage and multiple parking spots available. 10x10 commercial walk-in cooler, business, appliances, real estate included in sale.
Excellent 2 Family Opportunity in the City of Albany! Beautifully renovated. All utilities separate. Huge Lot. 2 Car Garage. Plenty of off street parking. Upgraded hot water and heat. Utilities separated. Located close to main roads with easy access to local amenities, such as shopping, dining, banking, schools, and state government. Schedule your showing today!
Investors' money maker. Great sounds foundation works already done. New Windows and Brand new main sewerage line done. Bring your contractors and complete the rest. Great investment for rental or resale. Property sold AS-IS and CASH only.
Back on Market. Pending released. Fully Vacant and renovated low-priced multi-family home. Quiet area near easy access to downtown and highway. Fenced backyard provides you great privacy for family entertainment or gardening. Excellent rental history. Great for new starter homeowner/investor. Live in one and rent another to pay your mortgage. Total rent could be above $2,600/month.
A TRUE LEGACY INVESTMENT PROPERTY! SUPER RARE. This All Brick Beauty would cost multiple times the listing price to rebuild today! Own a piece of History in a very desirable area of Albany between Lark St. and Washington Park. Offers new flooring in many units, new luxury vinyl flooring in hallways and freshly painted hallways and some apartments, on street parking, large back yard, exterior maintenance person available to continue doing snow and lawn care. Walk to everything including the Capital Building, Albany Med., Lark Street Entertainment and Restaurants, Etc. Newer rubber roof, yearly maintained and inspected heating systems, heat/hot water is included in rents and affordable due to being all brick and plaster built. Value add is separate basement storage for extra income if desired. Tenants pay their electric and cooking gas. ROP is active until 4/24/2026. This property is can also be sold as a package with 2 other identical buildings (371 & 373 Hudson) for a total of 3 buildings, 18 units total. The buildings are identical and true Apartment building set up. Not chopped up buildings like most multi family properties in the city. *All units should be $1,275-$1,300 per month, Some units are furnished, furnishings can be negotiable in sale. Current tenants are great and super easy to manage. This building is exactly what the city has been trying to have developers built for affordable housing but a quarter of what it would cost to build. SERIOUS BUYERS WITH PROOF OF FUNDS, OR PRE APPROVED BUYERS ONLY. *OWNER IS A LICENSED NY STATE REAL ESTATE BROKER*
Classic Albany Brownstone with Garden/basement apartment, located close to the Palace Theater and the downtown Albany entertainment district and all that it has to offer. Easy access to shopping dining and entertainment venues as well as Government Offices and major highways. Excellent opportunity for investor or owner occupant. Owners unit occupies the top three floors consisting of a sitting room, foyer, and living room, all with hardwood, on the first floor. The second floor has one one bedroom, kitchen with dining area, all with hardwood, a full tile bath with walk-in shower, laundry closet with washer and dryer ( stackable ). The third floor has two bedrooms with laminate flooring and a full bath with a clawfoot tub. The Garden apartment consists of a good size living room, a kitchen area and one bedroom and a full tile bath. There are numerous fireplaces which have not been used in many years and the seller considers them to be decorative only. Enjoy the great views of the Albany Skyline from the rear of your home.
Welcome to this updated 2-family home located in a highly desirable, prime location. This property has been well cared for and features major recent improvements, including a newer roof and siding, offering peace of mind and low maintenance for years to come. A shared driveway leads to a convenient 2-car garage, adding valuable off-street parking. A great opportunity for owner-occupants or investors alike, with strong income potential and excellent long-term value. Conveniently located near shopping, transportation, and local amenities. The second floor is currently rented.
Great investor or owner occupied opportunity. Hardwood floors, New Paint, Vinyl Plank Floors, cozy front porch and fenced backyard. Doors are in place to access a future deck. Convenient location, close to 787, I-90 and on the bus route. Washer and dryer hookups in basement. All separate utilities and priced to sell. Property is being sold ''As Is''
Discover a great investment opportunity in Albany's South End with this three-unit property located just minutes from Downtown Albany, the Empire State Plaza, the Albany Waterfront, and major highways. The 2nd-floor unit is vacant, offering an ideal option for an owner-occupant or immediate rental potential. The 1st-floor and 2nd-floor units offer room for cosmetic updates, allowing a new owner to add value and maximize rents, while the basement apartment has been recently updated. The 1st-floor and basement units are tenant-occupied on month-to-month leases, providing built-in cash flow with flexibility for future plans. The current rents being received are below market value. With the right updates, higher rental rates can be achieved. Situated in an area experiencing continued growth and public investment, the South End and Downtown corridors are seeing new development, infrastructure improvements, and community revitalization. Close to local shops, public transit, restaurants, parks, and government offices, this location offers strong long-term rental demand. A solid addition to any investment portfolio with room to add value.
Investors take note!! This 10 unit is a steady cash performer, always has been and will continue to do so. 8 one BDR's and 2 studios. 8 out of 10 tenants pay heat, hot water, electricity and internet. Close to downtown shopping, entertainment and major highways. On the bus-line, Honest Weight Coop within 2 blocks. All units have hardwood floors, solid brick building, exterior recently painted. See documents for ProForma 24 Hour notice please
Investors Take Note Of This Historical Brick Brownstone! Location Only A Block From Washington Park & Short Walk To Colleges & Hospitals. Bottom unit is gutted and ready for a complete renovation—bring your vision to life.
Great opportunity to own a solid brick, four-unit row house in the heart of the Ten Broeck Triangle. Property is being sold as-is and features four separately metered units. Three units are vacant, with only the second-floor unit occupied—making this an ideal setup for an investor who wants to place their own tenants right away. Enjoy convenient on-street parking, walkable surroundings, and easy access to the bus line. Strong rental demand in this area makes this a smart investment for steady cash flow and long-term growth.
Take advantage of this prime investment opportunity with this duplex located in Albany! Featuring two spacious units, this property is ideal for maximizing rental income. A key highlight is the 4-car garage, currently rented out, providing valuable additional cash flow. Conveniently situated near shopping, dining, and parks, this duplex is well-positioned to attract quality tenants. With its strong income potential and desirable location, this property is a must-see for any investor looking to enhance their portfolio!
Own an entire corner of Center Square overlooking iconic Washington Park! This rare Albany offering features 6 doors across 3 buildings, all tied together by a shared basement and conveyed as one exceptional property. For owner-occupants, the vacant 4-bed, 3.5-bath brownstone is turn-key and ready for you to call home. Live in one of Albany's most beloved neighborhoods while enjoying instant income from the 5 fully rented 1-bed/1-bath apartments. Let your tenants offset your mortgage while you enjoy proximity to downtown, Lark Street, Albany Law, Albany Med, shops, parks, cafés, & restaurants. For investors, the numbers speak for themselves: projected long-term rental income over $94k annually with potential to increase. Or take advantage of Albany's strong demand for short-term rentals—this brownstone previously operated as a bed & breakfast and is ideally suited for Airbnb or furnished executive rental use. Whether you're seeking an exceptional owner-occupied residence, a cash-flowing portfolio addition, or a unique hybrid investment, this prime corner of Washington Park delivers unmatched versatility and character. One address, one tax bill, endless opportunity in the heart of Albany. Valid ROP's through 4/29/27. Proforma & Rent Roll in MLS documents. Limited showing schedule & 24 hour notice required. Agent related to seller.
You don't have buildings like these come on the market often! Family built and owned this well cared for 6 unit has been nicely updated and maintained all it's life. Located minutes to hospitals, shopping, Harriman Campus and Nano Tech. The apartments boast generous size rooms, multiple closets, hardwood floors on upper levels and nice appliances. Lower level units have waterproof flooring. Upper 4 units all have comfortable back porches. There is a 4 car garage in the rear of the building as well as additional parking. The driveway has been recently repaved. All rents include heat & hot water, tenants pay for electric and cable. Roof replace in 2020. Most of the windows have been replaced. Must be sold as a package with 950 Washington Ave.
You don't have buildings like these come on the market often! Family built and owned this well cared for 6 unit has been carefully updated and maintained all it's life. Located minutes to hospitals, shopping, Harriman Campus and Nano Tech. The apartments boast generous size rooms, multiple closets, hardwood floors on upper levels and nice appliances. Lower level units have waterproof flooring. Upper 4 units all have comfortable back porches. There is a 4 car garage in the rear of the building as well as additional parking. The driveway has been recently repaved. All rents include heat & hot water, tenants pay for electric and cable. Roof replace in 2020. Most of the windows have been replaced. Must be sold as a package with 948 Washington Ave
Perfectly situated in Albany's vibrant Center Square neighborhood, just a short distance to Washington Park, the Empire State Plaza, and neighborhood cafés and shops, this charming brick duplex blends character with convenience. Each unit has been thoughtfully updated over the years and features stainless steel appliances, a dishwasher, and stackable washer/dryer. Backed by a solid rental history and separate utilities, this property offers exceptional flexibility and value for owner occupants and investors.
Fantastic opportunity in Albany's historic Pine Hills neighborhood. This well-maintained two-family sits on a quiet, tree-lined street close to shopping, colleges, and hospitals—ideal for owner-occupants or investors alike. The first-floor unit features hardwood and ceramic tile floors, three bedrooms, a full bath, kitchen, and rear den. The current tenant has renewed through April 2027, providing secure long-term income. The second-floor unit offers a similar layout with two bedrooms, generous living and dining space, and a bright, open feel. The current lease runs through January 2026. Both units enjoy separate utilities, washer/dryer combos in the basement, and natural gas heat. Additional highlights include a newer boiler, structurally sound porches, and public water and sewer. Strong rental history, well cared for by long-term owners. Prior-day notice required for all showings.
This two-family property offers strong income potential, with the first-floor unit currently rented at $1,500/month and the second-floor unit vacant and move-in ready. Each unit features separate utilities (owner pays water/sewer/trash), generous layouts, and access to a coin-operated washer and dryer in the basement. Conveniently located near SUNY Albany, Washington Park, Empire State Plaza, and bus line.
Great opportunity to own this well maintained beautiful historic three-family in Albany. Conveniently located across from Suny Albany downtown campus and walk distance to Washington Park. Original architectural features inside out, private rear porch for each unit. Perfect for owner occupy or investment.
Back on market pending release. Attention investors! Extremely large 2 unit conveniently located Sold ''as is'' Small first floor fire in front part of unit 1. 2nd unit in good shape. Plumbing and mechanicals in working condition. Great opportunity to invest and have immediate equity.
Attention Investors: Get your cash flow here. Purchase a famous tavern, the building it's in, and 3 additional adjoining rental properties containing 8 apartments. You can be the next owner of the well known neighborhood staple the 'Palais Royale' Bar and Grill. Included are the bar, the liquor license, ATM, dartboard, pool table, wall mounted jukebox, TV's and all FFE. Full kitchen with halon fire suppression system. 162 Jefferson St (2 units, 2BR/1BR) 164 Jefferson St is the Palais Royale Bar and Grill with an apartment upstairs (1BR). 166 Jefferson St (2 units,2BR /2BR) 168 Jefferson St (3 units) has 2 apartments upstairs (2BR/1BR) and a 1,860 ft unit commercial space on the first floor which is currently the owners living unit. This large unit features hardwoods, a private bar and high ceilings. MTM tenants All 4 buildings are zoned R2C Over six figures in potential rents plus the income from the Palais Royale makes this 4 building package with a turnkey successful business a great investment.
Discover the potential in this duplex on a quiet street just minutes from Albany Medical Center, with long-term tenants already in place. The property offers strong upside potential as rents are currently below market. Featuring separate utilities and some updated mechanicals, it's ideal for investors or owner-occupants looking to add value. A great opportunity to own a conveniently located, income-producing property in Albany.
Prime SRO Investment Opportunity Discover a high-performing, fully occupied Single Room Occupancy (SRO) property in the heart of Albany's rental corridor. This 12-room, 11-unit building includes one self-contained studio with a private kitchen and ten additional rooms sharing a common kitchen—ideal for maximizing rental income while minimizing overhead. Consistent Cash Flow This property has a proven track record of full occupancy and strong returns, making it a turnkey investment for seasoned landlords or new investors seeking reliable passive income. Unbeatable Location Situated just steps from major bus lines, tenants enjoy seamless access to public transportation—perfect for students, healthcare workers, and professionals. Academic & Medical Hub Minutes from SUNY Albany, Albany Medical Center, Albany Law School, and other local universities and hospitals, this location attracts long-term tenants seeking affordability and convenience. Key Features • 11 rentable units across 12 rooms • One studio with private kitchen • Shared kitchen for remaining units • Always rented, high demand • Walkable to transit, schools, and healthcare Whether you're expanding your portfolio or entering the multifamily market, 145 Quail St offers the rare combination of location, stability, and income. Schedule a showing today and see why this property never stays vacant.
This stunningly updated brick building features ten units and is situated in the desirable Mansion District of Albany, an area known for its historic charm and proximity to essential amenities. The property is conveniently located near several colleges and hospitals, making it an ideal choice for students and healthcare professionals alike. The units comprise a thoughtful mix of two-bedroom apartments and studio layouts, catering to a variety of living preferences. Residents will appreciate the convenience of on-site laundry facilities, enhancing the overall living experience. This combination of location, modern updates, and practical amenities makes this property a compelling option for those seeking comfortable and accessible housing in Albany. Currently there are 5 vacant units ( four studios and a two bedroom .** Tenants are responsible for gas stoves . Landlord pays for gas heat . **
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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.
