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328 Western Avenue, Albany
$1,499,900
10 Beds ⋅ 10 Baths ⋅ 202624326 MLS
RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

328 Western Avenue, Albany

83 Central Avenue, Albany
$849,900
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, Albany

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

17 Tremont Street, Albany
$239,900
3 Beds ⋅ 1 Baths ⋅ 202621865 MLS
Welcome home to this tastefully updated bungalow at 17 Tremont St, in a convenient Albany location. Inside, you'll find an enclosed front porch, bright living room, dining room, an updated kitchen featuring stainless steel appliances & butcher block countertops -- perfect for entertaining or everyday living. Three comfortable bedrooms & a renovated bathroom round out the main living space, while a back enclosed porch provides additional flex space for a home office, mudroom, or sunroom. This home has been thoughtfully updated throughout, including: Updated windows for improved energy efficiency New flooring throughout Renovated bathroom Fresh paint throughout New boiler (2023) Storage won't be an issue with the full attic, offering plenty of room for all your seasonal items and extras. Outside, enjoy a spacious .14-acre lot with generous side & back yard space. The paved driveway offers off-street parking for up to 3 vehicles. Location: just 11 minutes to Albany International Airport, 13 minutes to the NYS Capitol in the heart of downtown Albany, and 7 minutes to Colonie Center -- putting shopping, dining, travel, and city life all within easy reach. Bonus for investors: this home has a track record as an Airbnb and mid-term rental, offering fantastic income potential for the next owner.

17 Tremont 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

354 Second Avenue, Albany
$239,900
6 Beds ⋅ 2 Baths ⋅ 202621119 MLS
BOM at no fault to seller. Well maintained 2 family duplex available for the first time in over 32 years. Each unit offers 3 bedrooms and 1 full bathroom with spacious room sizes and functional layouts throughout. The vacant upper unit features hardwood floors and is move in ready, making it an excellent opportunity for an owner occupant or investor seeking market rent. The enclosed sunroom provides additional living space and could potentially be converted into a fourth bedroom, office, or flex space. The first floor is occupied by a long term tenant of more than 25 years currently paying $1,000 per month, providing immediate rental income. Separate utilities help keep operating expenses down. A private backyard adds to the property's appeal. Conveniently located just minutes from I-90, I-787, downtown Albany, hospitals, colleges, restaurants, shopping, and major employers, offering easy access throughout the Capital Region.

354 Second 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

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

4 Bryn Mawr Court, Albany
$460,000
3 Beds ⋅ 3 Baths ⋅ 202618492 MLS
Experience maintenance free living at this beautifully appointed Bryn Mawr residence. Designed with an open floor plan, the home features soaring ceilings and expansive windows that fill the space with natural light. The eat in kitchen offers granite countertops, a large center island and stainless steel appliances, seamlessly opening to the family room with a gas fireplace. Plus, there is a first floor laundry room. The primary suite provides a comfortable retreat with a private bath featuring a double granite vanity, tiled shower and large walk in closet with built ins. The lower level adds additional storage space, while the back deck and 2 car attached garage enhance everyday convenience. Recent updates include dishwasher and microwave (2026), washer and dryer (2025). Ideally located just minutes to area hospitals, restaurants and shops.

4 Bryn Mawr Court, Albany

13 Batcher Street, Albany
$289,900
4 Beds ⋅ 2 Baths ⋅ 202616557 MLS
Fantastic development opportunity! Package of 8 parcels! Offering a 2 family home with a 2 car detached garage, another 5 bay garage with 8 vacant land parcels. The first floor apartment is renovated in the two family but the 2nd floor needs rehab. Both units are occupied with longer term tenants. The first floor pays $750 and the second floor pays $650 and both are month to month. Enjoy plenty of off street parking and a 2 car detached garage. This property is in the middle of Albany revitalization project of upwards of $177 million of brand new 2 family homes being built all around the South end of Albany. Don't miss this unique opportunity to have instant equity in this great project. Rents could be much higher with HUD fair market rents at $1,702 per month for the year of 2026. All data, dimensions and tax map numbers are attached under documents. Properties MUST be sold as a package.

13 Batcher Street, Albany

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