Fantastic investment opportunity in the busiest stretch of Central Ave. Total monthly income could be $6000. 20 year restaurant , brand new 4 bedroom apartment on the third floor, 10 parking spot s on central ave, additional 5 parking spots in the back of building
Just listed for lease—an exceptional commercial space located just steps from the New York State Capitol! This newly renovated property features brand new concrete floors, fresh Sheetrock and paint, modern drop ceiling, updated electrical, and enhanced lighting throughout. The flexible floor plan offers endless potential and can be easily customized to suit a variety of uses including a commercial kitchen, retail storefront, or professional office space. Ideally positioned near state buildings, major hotels, and the MVP Arena, this location offers excellent foot traffic and high visibility in the heart of Downtown Albany. Don't miss this prime opportunity to bring your business vision to life! Listed by Hassan Khan with The People's Real Estate Group. 24 hour notice required
Presenting a rare chance to acquire two interconnected single-family homes, both under the same ownership and sold exclusively as a pair. Both units are 4 bedroom, 1.5 baths. Perfect for investors or those in need of extra living space. This property provides the advantages of rental income along with the option for personal use. Seize this exceptional opportunity today! Sold as is. 17 Lawnridge: Currently leased at $2,000/month,
NET OPERATING INCOME OF $78,978 at a 8.54% CAP RATE. Exceptional investment opportunity: 8-unit multi-family property in Albany's sought-after Pine Hills neighborhood. Strong rental history with updated, well-maintained apartments. On-site laundry increases tenant appeal. Prime location—minutes from downtown, Albany Med, Lark Street, universities, and major employers. High-demand area with solid rental income potential and low vacancy rates. Recent updates include new gutters (2025), a brand-new garage roof (2025), and a restored main roof (2024). Apartment 8—was renovated added bedroom and features its own private exterior entrance, three windows, a closet, and an exterior door. Fully occupied.
Build your dream home in the award-winning North Colonie School District! This to-be-built 3-bedroom, 2.5-bath home will offer over 2,405 sq ft of thoughtfully designed living space on a generous .42-acre lot. Features include a spacious living room with a gas fireplace, formal dining room, and a dedicated home office—perfect for today's needs. Located close to The Crossings, major retail shopping, and Albany Airport. Customize your finishes and create the perfect home in a prime location! See Standard Features Document for details and allowances. There are 2 lots (4 & 6 Wedgewood Dr) available. Bring your own plans or design your home with Krug Homes.
Build your dream home in the award-winning North Colonie School District! This to-be-built 2-bedroom, 2-bath home plus office or 3rd bedroom with 2,000 sq ft of thoughtfully designed living space on a generous .41-acre lot. Features include a spacious living room with a gas fireplace, formal dining room, front and rear covered patios, and a dedicated home office—perfect for today's needs. Located close to The Crossings, major retail shopping, and Albany Airport. Customize your finishes and create the perfect home in a prime location! See Standard Features Document for details and allowances. There are 2 lots (4 & 6 Wedgewood Dr) available. Bring your own plans or design your home with Krug Homes.
Build your dream home on 2.2 acres!! This property at 112 Woods Lane is situated in the sought-after Menands/Loudonville community. This location offers the chance to construct a custom residence within a neighborhood of beautiful, high-value homes. You'll appreciate the quiet and secluded feel, plus the convenient access to downtown Albany, major highways, and the reputable North Colonie Central School District with Menands Elementary Schools K-8. Water and power services are already at the road, simplifying the process of starting your new home. Enjoy being close to top amenities, dining, golfing and other recreational activities.
ONLY Spa in downtown Albany now. Business,Eqipment,Client list,some workers want to stay. Wedding requests and out of state clients from NYC. Long Island. And the crew stays at the Renaissance Hotel they come over too. Top of State Street! HUGE Visability. visit the salon is Sunday and Monday all day, Tuesday to Saturday before 9:30 am and after 4:30 pm. Includes: Business, all equipment, software, furniture, website domain, retail products, clients list, etc.. Rent is $1500/mo to the landlord. includes water usage, wifi and phones with spectrum $170 a month (we have call forwarding capability to the new owners' cell phone so won't miss any calls), Nat grid average $150-$250 a month. List of inventory available.
Price Improvement. Open House, SATURDAY, 12/13, 11-12:30 PM. A fantastic two-family investment property with positive cash flow is available in Albany. Both units have been recently repainted, providing a refreshed and updated appearance. It would be perfect for owner-occupied or investment. Each unit features three bedrooms and one bathroom, complete with hardwood flooring throughout. The large living rooms in both units provide a spacious and inviting atmosphere. Numerous updates have been completed in recent months, including new stairs, a renovated chimney, new windows, and an updated back porch. A charming backyard enhances the overall appeal of the property. Schedule your showing today. Both Floors are vacant. Easy to show,
Established pizzeria business for sale in downtown Albany. Includes all equipment and fixtures. Located adjacent to Hattie's restaurant and steps from State Street. Equipment includes hood & ansul system, dough machine, pizza ovens, walk in freezer, beverage coolers, etc. Full equipment list is included in the documents.
* Single story brick: large display windows * Across from Crossgates Mal * Near new Costco site * Perfect for any type of retail operation * High traffic; low crime * Easy access to !-87, !-90 * Center turn lane; double exits * 4,988 sf full buiilding * +/- 2,000 sq ft unit on Left side * +/- 3,000 sf unit on Right side * Gas Furnace; Central Air * Electric two 200 amp 3 phase panels * Bathroom in each unit * Newly paved & striped parking lot * 29 spaces with* FIOS capable 2 handicapped in front * $20 sq ft NNN
Multi Use Building with first floor commercial space and three full floor apartments above. A Studio, a One Bedroom and a Two Bedroom apartment. The building was renovated in 2006, with modern updates, including high efficiency forced air heat and air condition in each residential unit. Rents are under market rates. The Laundry has been closed for 3+ years. Tenants pay heat, hot water, air conditioning and electric.
Take advantage of this fantastic investment opportunity with this meticulously maintained three-unit brick building! Each unit is currently rented, providing immediate income potential. Located in a desirable neighborhood of Albany, this property features: - Three Spacious Units: Each unit includes comfortable living spaces, ample natural light, and functional layouts, making them highly appealing to renters. - Solid Brick Construction: Durable and low-maintenance, ensuring long-lasting value. - Strong Rental History: All units are currently rented, providing a steady income stream from day one. - Convenient Location: Close to public transportation, local amenities, and major roadways, making it easy for tenants to commute and enjoy the vibrant city life. A solid income property
+/-12,155 SF Warehouse / Retail space. Conveniently located in the heart of Downtown Albany's Warehouse District. Former indoor skatepark. Surrounded by numerous dining and entertainment establishments. Historic factory recently renovated into 81 luxury apartments. Seconds off I-787 exit 4A. Ample parking available. Breakroom, private office, conference room, ADA restrooms. Central air / gas forced air heat. Fully sprinklered . 14' ceiling height. 16'x16' overhead door. Internal loading dock. 208Y/120V 3 phase 4W electric service. Available for lease at $7.00 NNN.
Great opportunity - Location, Location, Location! Total of +/-3000SF in Albany but also close proximity to Colonie/Guilderland visible to Washington Ave Extension. See floorplan in docs, +/-3000sf is 9 rooms, 1 conference room, kitchenette and 2 bath. Asking 3 year term: $1800/mo year 1; $2100/mo year 2; $2400/mo year 3; gross + utilities. Ample parking. Priced as-is
Condominium built in 1900 and offers 1,455 sq ft, 2 bedrooms, 2 baths, fireplace in living room, 1-car garage situated on 0.01 acres located in Albany CSD. Retreat to your own private rooftop oasis, 24-Hour fitness center, and a secured lobby entrance.
Desirable residential lot in West Hill, ideal for development! This vacant land presents a fantastic opportunity for homeowners looking to build their dream home or investors seeking a promising project. Verified buildable by the Planning Department, the property is conveniently located near local restaurants, shops, and Bleeker Stadium. Enjoy easy access to public transportation, with Downtown Albany just a short 5-7 minute drive.
Investor's opportunity in Albany's West Hill neighborhood! This 5-bedroom, 2-bathroom duplex, built in 1888, offers 2,776 sq ft of living space on a 0.07-acre lot. - This property is eligible under the First Look Initiative which expires after 30 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing.
Investors take note! Bring your vision! Great Opportunity to build on a highly visible corner lot, located on a bus line. Sale includes a total of 3 lots as pictured with two of the lots 76.80-2-66 and 76.80-2-67 facing S Pearl ant the third lot 76.80-2-65 facing McCarty. Lots are zoned Mixed Use/ Neighborhood Edge (MU-NE) see https://ecode360.com/33430397 for allowable uses Water and sewer located at the street
9.5% CAP RATE. 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. POSSIBLE 2ND MORTGAGE HELD BY CURRENT OWNER IF KEPT ON AS BUILDING MANAGER. 9 RESIDENTIAL TENANTS & 6 COMMERCIAL SPACES.
10.4% CAP RATE. Multi-Tenant Office Building with well established tenants. EDPM roof, updated HVAC units, all LED lighting, and located on Public Water. POSSIBLE 2ND MORTGAGE HELD BY CURRENT OWNER IF KEPT ON AS BUILDING MANAGER.
+/-8,000 SF class A professional office suite on the 6th floor of the historic Kenmore Hotel which has recently been converted to 93 luxury apartments and 35,000 SF of retail and office space. Conveniently located in the heart of Downtown Albany. Seconds off I-787 exit 4B. Move-in ready. Former law firm space consisting of (23) private offices, (4) workstations, conference room and break room. Access to 24-hour fitness center with indoor pool, cold tub, and steam room. Private rooftop deck. Indoor dog park. Ample parking available. Daily in-suite janitorial included. Available for lease at $20.00 PSF plus utilities and increases over base year expenses. Property owned and managed by Redburn Development Partners.
Looking for a professional office in a convenient, high-visibility location? This well-maintained space offers the perfect setup for small businesses, freelancers, or remote professionals. Lease includes full basement private office. Second option lease includes one room private office with access to a shared conference room—ideal for meetings and presentations.($500.00) Located in a walkable area with restaurants, coffee shops, and local amenities nearby, and just minutes from major highways for quick and easy commuting. Whether you're a solo entrepreneur, consultant, or growing business, this space offers flexibility, professionalism, and convenience.
Historical 2-bedroom, 1.5-bath with 2 bonus rooms and a office in Albany's historic district. This spacious property features original moldings, high ceilings, classic wood floors, and newly installed ceramic tile. Just needs cosmetic updates to shine! Nestled on a friendly block near parks, schools. downtown, and public transit. Eligible for historic preservation grants and NYS tax credits available for homeowners or investors looking for value and potential. The neighborhood is growing, with new developments and community investment. Don't miss this chance to own a piece of Albany's history with incredible upside.
+/- 4,380 square foot turnkey diner! Building comes complete with all furniture and fixtures. One hundred-forty (140) seat capacity. Adjacent to approved Tesla sales, repair, and service center. Property has fifty vehicle on site surface parking lot. Great visibility with 191 feet of frontage along Central Avenue with over 42,000 ADTV. Restaurant includes three (3) walk in coolers and two (2) walk in freezers as well as a full basement that offers great storage and expansion opportunity.
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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.
