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162-170 Jefferson Street, Albany
$2,300,000
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, Albany

97 3rd Avenue, Albany
$250,000
5 Beds ⋅ 3 Baths ⋅ 202622293 MLS
Investment Opportunity in Albany! Welcome to 97 Third Avenue, a well-maintained two-family property offering income potential and flexibility in a convenient Capital Region location. Currently occupied with paying tenants, this property provides an opportunity for investors seeking rental income or owner-occupants looking to offset their mortgage with tenant income. The two-family layout offers versatility for a range of investment strategies, whether you're expanding your rental portfolio or exploring owner-occupancy. Enjoy convenient access to Albany's shopping, dining, transportation, employment centers, and area amenities. With its established rental history, well-maintained condition, and desirable two-family configuration, 97 Third Avenue is worth a closer look. An opportunity to own income-producing real estate in the Capital Region!

97 3rd Avenue, Albany

55 Ten Broeck Street, Albany
$549,000
8 Beds ⋅ 6 Baths ⋅ 202622021 MLS
Rare opportunity to acquire a fully occupied 4-unit multifamily in one of Albany's most sought-after historic neighborhoods -- Ten Broeck Triangle. Built in 1860, this 2½-story painted brick rowhouse sits on a quiet residential block steps from downtown, the Capitol, and Albany Med. All four units have been turned over within the past five years -- no long-entrenched below-market leases, clean tenant base, fresh start for a new owner. Unit mix: two above-grade 2BD/2BA units plus two 2BD/1BA garden-level units. Separately metered -- tenants pay their own utilities, keeping owner expenses lean. Current gross income $62,370/year with immediate upside. Priced at $599,000 at a 6.92% cap rate on normalized expenses. Taxes paid current. Zone X minimal flood risk. Strong rental demand in this corridor with consistent low vacancy history. Whether you're adding to an existing Albany portfolio or entering the market, this one pencils from day one with room to run. Full OM and financials upon request!

55 Ten Broeck Street, Albany

99 Pine Street, Albany
$4,450,000
202622095 MLS
PRIME DOWNTOWN ALBANY MIXED-USE INVESTMENT -- 41 RESIDENTIAL UNITS + 21 COMMERCIAL SPACES | $4,450,000 A rare opportunity to own a signature mixed-use asset in the heart of the Downtown Albany Historic District. This 101,730 SF building sits on a 0.53-acre lot at the corner of Pine St and N Pearl St, offering 41 luxury residential units and 21 commercial spaces under one roof -- steps from Albany's business core, courts, and government offices. 96 Walk Score. Residential units are finished to a high standard: custom kitchens with stainless appliances and granite countertops, in-unit washer/dryer, hardwood floors, and state-of-the-art VRF mini-split heating and cooling systems. Bathrooms feature mahogany vanities, custom lighting, and select units with mosaic-tiled walk-in showers. Building amenities include a rooftop patio, theater room, and fitness center -- driving strong resident retention and premium rents in a tight downtown rental market. Built in 1880 and set within Albany's Historic District, the property combines architectural character with modern systems and finishes, appealing to residents and commercial tenants seeking a downtown address. Ideal for investors seeking diversified income across residential and commercial tenancy in one of the Capital Region's most established urban cores.

99 Pine Street, Albany

114 Spring Street, Albany
$325,000
7 Beds ⋅ 2 Baths ⋅ 202622074 MLS
Excellent opportunity at 114 Spring Street in Albany. This two-family duplex offers 7 total bedrooms, 2 full bathrooms, and 2,352 sq ft of living space, making it a strong option for investors or owner-occupants looking for added flexibility. Each unit provides a functional layout with recently refreshed interior features, including neutral paint, updated lighting, white trim, multiple windows for natural light, and forced-air natural gas heat. The property also features a full basement, public water, and public sewer. Conveniently located near the Central Avenue and Quail Street corridor, with easy access to nearby shopping, dining, Washington Avenue, downtown Albany, local colleges, and major Capital Region destinations. A solid multi-family opportunity in an established Albany location with strong rental appeal.

114 Spring Street, Albany

21 Western Avenue, Albany
$299,999
3 Beds ⋅ 3 Baths ⋅ 202621506 MLS
Beautifully updated 3 bedroom, 2.5 bath home blending historic Albany character with modern comfort. Timeless architectural details, including dentil molding, abundant natural light, and newly refinished hardwood floors. Step outside to a fully fenced backyard retreat featuring a private courtyard - an ideal setting for entertaining, outdoor dining, gardening, or simply relaxing. Recent improvements include a new roof with a transferable warranty and fresh exterior paint. Enjoy the convenience of city living with nearby public parking options and easy access to Washington Park, the University at Albany Downtown Campus, Albany Medical Center, Albany Law School, downtown Albany, Center Square, restaurants, cafes, shopping, entertainment and major commuter routes. Move-in ready and thoughtfully updated, this home offers a rare opportunity to enjoy historic character, private outdoor space and modern conveniences in an established Albany neighborhood.

21 Western Avenue, Albany

339 Hamilton Street, Albany
$399,500
4 Beds ⋅ 3 Baths ⋅ 202621173 MLS
Exceptionally well-maintained duplex in Albany's highly desirable Center Square neighborhood, just steps from some of the city's best restaurants, cafés, and entertainment. This property has been successfully operated as a mid-term rental catering to business and medical professionals, generating over $50,000 in annual rental revenue with consistent strong demand. The main unit is currently left vacant to accommodate easy showings and offers an excellent opportunity for an owner-occupant or investor. The spacious owner's residence features 3 bedrooms and 2 full baths across two stories, filled with natural light from oversized windows, soaring ceilings, and tastefully exposed interior brick that adds warmth and historic character. The primary suite includes a private en-suite bath with a relaxing, jetted tub. Open-concept kitchen and dining area, newer appliances and the comfort of central air. Enjoy the private back deck, the convenience of second-floor laundry, and numerous updates that provide peace of mind and years of low-maintenance living. The separate 1-bedroom garden apartment is currently rented for $1,650 per month and features its own private entrance, in-unit laundry, an updated bathroom, ductless heating and air conditioning, and a private back deck. Separate utilities & furniture is included. Whether you're seeking a high-performing investment property or the opportunity to live in one unit while generating rental income from the other, this turnkey duplex offers outstanding opportunity and income potential in one of Albany's premier neighborhoods. Property is sold as is due the significant price reduction. Property is in excellent condition!!!

339 Hamilton Street, Albany

233 S Swan Street, Albany
$269,900
4 Beds ⋅ 2 Baths ⋅ 202620639 MLS
This beautifully updated two-family property offers an outstanding opportunity for both investors and owner-occupants. Each unit features spacious layouts, modern kitchens, updated bathrooms, bright living spaces, and comfortable bedrooms. Recent improvements provide added value and move-in-ready convenience. Whether you're looking to generate rental income, live in one unit while renting the other, or expand your investment portfolio, this property offers exceptional flexibility. Conveniently located in Downtown Albany, near Albany Medical Center, Empire State Plaza, public transportation, parks, major highways and many more. Recent updates include two new boilers, two new hot water tanks, and a newer roof. Don't miss your chance to own this well-maintained, income-producing property.

233 S Swan Street, Albany

117 4th Avenue, Albany
$445,900
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, Albany

587 Washington Avenue, Albany
$315,000
6 Beds ⋅ 2 Baths ⋅ 202619937 MLS
Sunlight and beautiful hardwood floors highlight this ideally located, recently updated Albany duplex! Each spacious unit offers 3 bedrooms and 1 full bath, with separate tenant-paid utilities. Unit 1 is leased at $1,600 per month, providing immediate rental income, while beautifully updated Unit 2 is vacant and ready for an owner-occupant or new tenant, with estimated rental potential of $1,700 per month. Together, the units offer projected annual gross rental income of $39,600. A brand-new sewer line extending to the city connection represents a significant investment already made by the seller. Public water and sewer, off-street parking, and convenient access to downtown Albany, colleges, hospitals, shopping, dining, and major commuter routes add to the appeal. An excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income!

587 Washington Avenue, Albany

72 Bassett Street, Albany
$225,000
3 Beds ⋅ 3 Baths ⋅ 202619875 MLS
Three-Unit Investment | Albany's South End Exceptional opportunity for investors or owner-occupants in Albany's growing South End. This updated three-unit property sits minutes from Downtown Albany, Empire State Plaza, the Albany Waterfront, and major highway access. Unit Mix: 1st and 2nd floor units are vacant -- move in or rent immediately. Basement unit is tenant-occupied with active cash flow. Recent updates throughout all three floors. Location: Positioned in one of Albany's most actively developing corridors, with new construction, infrastructure improvements, and community reinvestment underway. Walkable to shops, restaurants, parks, public transit, and government offices. The Opportunity: Immediate income, flexible occupancy options, and long-term upside in a high-demand rental market. A strong addition to any portfolio.

72 Bassett Street, Albany

2 Manning Square, Albany
$275,000
5 Beds ⋅ 3 Baths ⋅ 202619806 MLS
Beautifully Renovated 5-Bedroom Albany Home with Modern Updates and Timeless Charm! Welcome to 2 Manning Square, a beautifully renovated home that seamlessly blends classic character with modern conveniences. Offering 5 spacious bedrooms and 2.5 bathrooms, this move-in-ready property provides an abundance of space for comfortable living, entertaining, and working from home. Step inside to find a bright and inviting interior featuring fresh updates throughout, including stylish finishes, updated flooring, modern lighting, and refreshed kitchen and bath spaces. The spacious living and dining areas create a warm and welcoming atmosphere, perfect for hosting family gatherings or enjoying everyday life. The flexible floor plan offers plenty of room for a growing household, guest accommodations, or dedicated home office space. Outside, enjoy a manageable yard with space for outdoor relaxation, gardening, or summer barbecues. The home's attractive curb appeal and recent improvements make it a standout opportunity for buyers seeking both value and convenience. Ideally located near downtown Albany, major highways, public transportation, schools, shopping, restaurants, hospitals, and parks, this home provides easy access to everything the Capital Region has to offer. Whether you're a first-time homebuyer, upgrading to more space, or looking for a turnkey investment property, 2 Manning Square is ready for its next owner. Don't miss this opportunity to own a beautifully updated home that combines space, style, and convenience in one of Albany's most accessible locations. Schedule your private showing today and see all that this exceptional property has to offer!

2 Manning Square, Albany

360 Madison Avenue, Albany
$550,000
10 Beds ⋅ 4 Baths ⋅ 202619760 MLS
Excellent investment opportunity on one of Albany's most desired neighborhoods with monthly rents totaling $5,425. This fully renovated & well-maintained four-unit property features separate utilities, helping minimize owner expenses and maximize cash flow. Located in a strong rental market near Albany's hospitals, colleges, downtown employers, restaurants, and public transportation, the property offers consistent tenant demand and long-term investment potential. Whether you're looking to expand your portfolio or acquire your first multifamily asset, this quadplex provides a solid foundation with multiple income streams and efficient operations. Don't miss the chance to own a turnkey investment property in the heart of Albany. Can be packaged with 211 Quail Street.

360 Madison Avenue, Albany

467 Jay Street, Albany
$150,000
1 Baths ⋅ 202619409 MLS
A great opportunity to own this established auto body repair, D&S Body shop. The auto body repair shop has been in use for well over 50 years. The property features a functioning automotive repair shop along with one separate office space rental and eight garage/storage rental units, providing steady supplemental income. Ideal for owner-operators, investors, or automotive business expansion, the property offers versatile commercial space with strong utility and flexibility. Well-situated with convenient access to major roadways, surrounding neighborhoods, and local business districts. Features include ample garage/storage capacity, office rental income opportunity, and a layout suitable for automotive services, contractor use, storage, or mixed commercial operations. Excellent opportunity to own an auto body repair shop with supplemental rental revenue in the City of Albany.

467 Jay Street, Albany

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