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Albany Just Listed Properties for Sale

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Newest Albany Just Listed Properties for Sale

329 N Pearl Street, Albany
$750,000
202626636 MLS
Introducing 329 North Pearl Street, a prime income-generating, 1.5-acre parcel in downtown Albany's Central Business District, currently leased to Capital Repertory Theatre (theREP) for use as a parking lot. The property is being offered at a price significantly below its most recent assessment, with further development potential awaiting a new owner. With C-3 zoning, the city's broadest commercial designation, the site could support a range of development including large-scale retail, professional offices, hotel, and restaurant. The location is one of its strongest assets. The site sits directly across the street from a midsize residential development, in a growing mixed-use pocket of downtown that blends cultural destinations, established businesses, and new residential construction, a combination that makes this a prime opportunity in the heart of Albany. •1.5 acres in downtown Albany's C-3 Central Business District, fronting North Pearl Street •Currently leased to Capital Repertory Theatre (theREP) for use as a parking lot, generating monthly income •Lease expires 2035 •451 feet of frontage along North Pearl Street •282 feet of frontage along Colonie Street •C-3 (Central Business District) zoning, Albany's widest commercial-use designation •Paved, 44-space surface parking lot on the developed portion of the site, with the balance held as wooded, undeveloped land. •Direct access to I-787 and Route 9 via the Clinton Avenue and Livingston Avenue exits; CDTA bus routes and Albany-Rensselaer Amtrak station nearby •Rezoned from C-1 to C-3 by the City of Albany in 2002

329 N Pearl Street, Albany

4 View Avenue, Albany
$400,000
5 Beds ⋅ 3 Baths ⋅ 202626375 MLS
With an estimated market cap rate of approximately 11.3%, and an indicated range of 10.2% to 13%, 4 View Avenue presents an attractive multifamily investment opportunity in Albany. This traditional brick property features three separate units, approximately 3,145 square feet of above-grade living space, and separate utilities. Whether you're an experienced investor or looking to owner-occupy while generating rental income, this property offers flexibility and potential. The property consists of a spacious 3-bedroom first-floor unit and two additional 1-bedroom units, each with a full bathroom. The first-floor unit offers a welcoming entry, comfortable living room, generously sized dining room, kitchen, separate laundry room, full bathroom, and three bedrooms. The kitchen includes a refrigerator, wall oven, and dishwasher. Hardwood floors and approximately 9-foot ceilings add character and a spacious feel to the main living areas. One bedroom features a large walk-in cedar-lined closet, providing excellent storage. A full, unfinished basement with exterior/walk-out access provides additional storage and utility space. The basement is equipped with dual sump pumps, including a backup system. The property is designed with separate utilities, including three gas meters, three electric panels, and three separate gas-fired hot water heating systems serving the units. Each electric panel is approximately 100 amps. Public water and public sewer serve the property. The brick exterior and traditional architecture provide timeless appeal, while the three-unit configuration creates practical income-producing potential. Conveniently located in Albany, the property provides easy access to shopping, dining, transportation, employment centers, schools, downtown Albany, and the surrounding Capital Region.

4 View Avenue, Albany

165 Madison Avenue, Albany
$625,000
3 Baths ⋅ 202626017 MLS
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.

165 Madison Avenue, Albany

64 Euclid Avenue, Albany
$750,000
5 Beds ⋅ 5 Baths ⋅ 202625904 MLS
Classic charm meets beautifully maintained curb appeal in this inviting vintage home. The attractive blue exterior is complemented by crisp white trim & traditional dark shutters, creating a timeless & welcoming presence. A handsome brick walkway leads to the covered front entry, while the professionally landscaped grounds feature neatly manicured lawns, mature plantings, sculpted shrubs, & established trees. Step into the gracious foyer of this distinguished 100-year-old Center Hall Colonial, where timeless character and thoughtful updates come together beautifully. The generous entry features a striking mural and open staircase, setting the tone for the elegant, yet relaxed interiors beyond. The front-to-back formal living room is filled with natural light and anchored by a period fireplace, while the spacious dining room provides the perfect setting for everything from intimate gatherings to family-sized dinners. The well-appointed kitchen features a commercial range, granite countertops, and an adjacent work niche with built-in desk. A four-season sunroom and inviting family room add even more comfortable living space to the main level. The second floor offers an impressive primary suite with its own fireplace, a beautifully appointed bath with double vanity, tiled shower and classic clawfoot tub, plus an oversized walk-in closet/dressing room. Two additional bedrooms each enjoy their own full vintage-style baths. A versatile bonus room provides endless possibilities as a home office, exercise room, playroom or creative space. The third floor adds two more generous bedrooms and an additional full bath, providing exceptional flexibility for family, guests or work-from-home needs. Throughout the home, original architectural details have been thoughtfully preserved, including built-in cabinetry, beautiful oak floors, period moldings & woodwork.

64 Euclid Avenue, Albany

141 S Allen Street, Albany
$550,000
9 Beds ⋅ 5 Baths ⋅ 202625663 MLS
A rare opportunity to own an exceptional five-unit Victorian property in Albany's highly desirable Pine Hills neighborhood, offered for the first time in more than half a century of family ownership. Spanning over 6,377 square feet and situated on an impressive .66-acre lot, this remarkable property offers a rare combination of historic character, substantial living space, and exceptional investment potential. The property features four 2-bedroom, 1-bath units and one 1-bedroom plus den, 1-bath unit, with four of the five units currently rented. Beautiful hardwood floors throughout much of the building complement the property's timeless architectural character, while valuable updates and amenities include separate electric and gas meters, coin-operated laundry, and a brand-new boiler and hot water heater installed as part of the 2025 heating system upgrade. The generous .66-acre lot is a rare offering for this location, providing a private backyard and an exceptional outdoor amenity for a multifamily property. Ideally situated in the heart of Pine Hills, the property offers convenient access to area colleges and universities, hospitals, restaurants, shopping, public transportation, and downtown Albany- making it an attractive opportunity for both investors and tenants alike. All Rental Occupancy Permits (ROPs) are current. A truly rare opportunity to acquire a distinguished Victorian five-unit property of this scale, character, and setting in one of Albany's most sought-after neighborhoods. Whether you're looking to add a income-producing property to your portfolio or capitalize on the potential of the vacant unit, 141 S Allen Street presents a truly unique opportunity in one of Albany's most convenient and sought-after locations. *** Multiple offers- best and final offers due Wednesday, September 23 at 10AM***

141 S Allen Street, Albany

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©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated

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