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$369,900
7 Beds 5 Baths 202624358 MLS
Located in Albany's historic Ten Broeck Triangle, this distinctive three-unit property offers a rare opportunity to own and restore a piece of Albany's architectural history, while creating the potential for rental income to help offset the cost of homeownership. Featuring seven bedrooms and five baths, the home offers exceptional flexibility for an owner-occupant or investor. The expansive two-level upper unit features a spacious primary bedroom with remarkable views of the Albany skyline, including the Empire State Plaza and The Egg. A detached two-story carriage house/garage provides valuable off-street parking and additional potential, including possible future accessory dwelling use, subject to zoning and municipal approvals. A unique opportunity combining history, income potential, impressive views, generous space, and an exceptional location.

28 1st Street

$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

$349,900
5 Beds 2 Baths 202624306 MLS
ATTENTION INVESTORS, INCOME PRODUCING, WELL MAINTAINED 5-bedroom, 2 Bath with 2800+ Sq ft. Sec 8 tenants paying market rents Open House Sunday (12-2pm) 8/23/2026 Both units feature their own living room, dining room, and enclosed front porch, while the 2nd fl includes an alcove, spacious primary bedroom with a walk-in closet. The home has been freshly painted and features new flooring throughout. The first floor provides a potential 4th bedroom or bonus room while still maintaining separate living and dining spaces. A clean, dry basement with washer/dryer hookups adds convenience and more storage and the backyard is also fenced in. This is a great opportunity for an investor looking for an established rental that's already generating income. Add it to your portfolio and start collecting from day one--schedule your showing today!

1 N Manning Boulevard

$715,000
11 Beds 9 Baths 202623775 MLS
Three tax lot offering of two townhouses with two units each and one mixed-use townhouse with ground floor commercial space and two units above. All three buildings are mechanically connected. Two minutes from major highways and walking distance to downtown. Current configuration is four 1-bed/1-bath units, one 3-bed/2-bath unit, and one 4-bed/2-bath unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours. Sale includes tax lots: 65.64-4-37, 65.64-4-38, & 65.64-4-39.

341-345 Clinton Avenue

$650,000
13 Beds 8 Baths 202623770 MLS
Well maintained 6-unit apartment building in the Ten Broeck Triangle neighborhood of Albany. Two minutes from major highways and walking distance to downtown. Current configuration is two 1-bed/1-bath garden level units, two 1-bed/1-bath 1st floor units, one 4-bed/2-bath 2nd floor unit, and one 4-bed/2-bath 3rd floor unit. Other permitted or conditional uses include: Community Residential Facility, Group Living, Religious Institution, or Bed-and-Breakfast. Title holder is a wholly owned subsidiary of Albany Housing Authority, which is a municipal housing authority. Property requires Property requires 48 hour notice to show. Requests for showings on a Monday must be received before 3pm on the preceding Friday. Showing availability M-F only during business hours.

11 Ten Broeck Street

$374,900
4 Beds 2 Baths 202623722 MLS
Welcome to this well-positioned 2-family property in Albany's sought-after Pine Hills neighborhood, offering an excellent opportunity for both investors and owner-occupants. This updated duplex has dedicated living space, two kitchens, updated kitchens and baths, new appliances, durable solid-surface flooring, and a finished attic accessible from Unit 2 that provides valuable additional living space. Numerous improvements have been completed in recent years, including an updated electrical panel, electric meter, gas meter, and hot water tank in 2024; a washer and dryer and a concrete slab installed around the exterior of the home in 2025; and bathroom improvements. Conveniently located near major roadways, shopping, restaurants, schools, and public transportation, with easy access to the bus line. With its flexible two-family layout, substantial recent improvements, and desirable Pine Hills location, this property presents a compelling opportunity to generate rental income while building long-term value--or live in one unit and rent the other.

92 N Allen Street

$259,900
8 Beds 2 Baths 202623201 MLS
Excellent opportunity for both investors and owner-occupants! This spacious two-family property features two 4-bedroom units, offering exceptional income potential and flexible living arrangements. The first-floor unit is occupied by a long-term tenant paying $2,000 per month through a full assistance program, providing reliable rental income from day one. The second-floor unit is vacant, giving buyers the opportunity to move right in or lease it at current market rent to maximize cash flow. With generous room sizes, separate living spaces, and strong investment potential, this property is ideal for building equity while offsetting your mortgage or expanding your rental portfolio. Conveniently located near downtown Albany, major highways, shopping, restaurants, schools, hospitals, and public transportation, this is a versatile property you won't want to miss!

19 Stanwix Street

$334,000
3 Beds 4 Baths 202623045 MLS
Opportunity awaits, 2 FAMILY POTENTIAL. 50 years of cherished single family ownership, this stunning Victorian home, timeless character is ready to welcome a new owner/investor. New gourmet kitchen with premium Bosch appliances, new boiler, new chimney liner, roof and front porch maintenance, repairs in progress. Three full bathrooms -- one conveniently located on each floor. 2nd and 3rd floors each offer partial kitchens. Spacious living areas including an elegant living room, a charming library with a cozy window seat, and an oversized formal dining room perfect for gatherings. There is room for everyone, with additional living space available on the third floor. Unwind on the private back deck or relax on the inviting front porch. Ideally located near hospitals, shopping, restaurants, entertainment, and just steps from three bus lines, this exceptional Victorian blends historic charm with modern comfort in a truly convenient location. Home is currently assessed at $389,900. Listing agent will assist the buyer to file a tax grievance, May 2027. Ductless A/C to be sold as is, operating but older units. Electric thermostat, baseboard heat on the 3rd floor, sold as is.

52 S Allen Street

$368,000
3 Beds 3 Baths 202622886 MLS
OPEN HOUSE FRIDAY 08/07 FROM 05-7PM. In the heart of Albany's vibrant Center Square neighborhood, this well maintained historic duplex offers timeless character, flexible living space, and an exceptional location. High ceilings, hardwood floors, original architectural details, and decorative fireplaces create warmth and personality throughout. The first unit spans two levels and features an open, spacious layout, 1.5 baths, in unit laundry, and an updated kitchen with stainless steel appliances. Both units enjoy access to a private, fenced backyard a peaceful retreat in the middle of the city. Just moments from Washington Park, Empire State Plaza, restaurants, cafés, entertainment, and the many conveniences of Lark Street. Whether you are looking to owner occupy while generating rental income, expand your investment portfolio, or enjoy the flexibility of a two family property, 282 Lark Street is a rare opportunity to own a piece of Albany's history.

282 Lark Street

$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

$250,000
5 Beds 3 Baths 202622293 MLS
Opportunity awaits at 97 Third Avenue in Albany! This well-maintained two-family property offers the perfect blend of investment potential and owner-occupant appeal in a convenient Capital Region location. Currently occupied and carefully maintained, this property provides immediate value with the flexibility to continue generating rental income or serve as a comfortable owner-occupied home while offsetting your mortgage with tenant income. One of the property's standout features is its rare double lot, providing additional outdoor space, enhanced privacy, and long-term value that is increasingly difficult to find within the city. Whether you're considering future outdoor improvements, expanded parking, or simply appreciate the added space, this oversized parcel sets the property apart from others in the neighborhood. Ideally situated just minutes from Downtown Albany, the New York State Capitol, Empire State Plaza, and numerous state office buildings, this location is highly desirable for government employees, healthcare professionals, and commuters alike. Enjoy quick access to I-787, I-90, and the New York State Thruway, making travel throughout the Capital District simple and efficient. Residents will also appreciate the close proximity to restaurants, shopping, parks, schools, entertainment, and public transportation. Whether you're an investor looking to add a solid, income-producing asset to your portfolio or a buyer seeking the benefits of owner occupancy with rental income, 97 Third Avenue presents an exceptional opportunity. With its strong location, well-kept condition, oversized double lot, and excellent accessibility, this property is ready for its next chapter. Don't miss your chance to own a versatile property that combines value, convenience, and long-term potential in the heart of Albany!

97 3rd Avenue

$589,000
5 Beds 4 Baths 202622175 MLS
Beautifully curated three-story townhome situated along one of downtown Albany's most coveted city blocks includes completely separate garden unit that's currently being used on a short term basis, legal 2-family. Spanning over 3,200 SQFT across four aesthetically pleasing levels, this residence features 5 bedrooms, 4 full baths, modern amenties throughout, privates oasis-like backyard with trex decking, roof access & more. Easily accessible to Washington Park, Albany Medical Center/St. Peter's Hospital, SUNY Albany, Lark St, downtown state & legislative entities, coffee shops, galleries, nightlife & so many more desirable downtown attractions. Original details still adorned throughout such as high ceilings, oversized windows, tile, fireplaces, stained glass, built ins, woodwork, etc. A rare trophy residence--where gilded architecture meets flawless modern execution--offering a once-in-a-generation opportunity in the heart of Center Square.

142 Chestnut Street

$599,000
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

$349,000
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

$293,000
5 Beds 2 Baths 202621819 MLS
Great investment opportunity! This well-maintained two family property offers excellent rental income potential, making it an ideal choice for investors or owner-occupants looking to offset their mortgage with rental income. Estimated rental income potential is $2,800 plus per month. Located in a desirable neighborhood just over bridge from Delmar/Bethlehem area. Close to schools, shopping and restaurants. Recent updates include brand-new front porch and a completely refreshed second floor featuring new walls and fresh paint. . This unique floor plan provides a wonderful opportunity for buyers with a vision to reimagine the space and create a layout that perfectly suits their needs. Bring your creativity and unlock the full potential of this versatile property! Minimal lawn and snow removal costs. 1 bedroom in each unit can be used aa an office.

15 Zoar Avenue

$360,000
3 Beds 3 Baths 202621699 MLS
Located in Albany's high-demand Midtown/Pine Hills neighborhood, this very well-maintained brick 3-unit building offers an exceptional investment opportunity in an area known for its strong rental demand. Apartments feature hardwood floors, generous room sizes, ample closet space, charming kitchens with original built-in cabinetry, and architectural details found throughout, including arched openings, French doors, and bayed windows. Each apartment also offers an additional room ideal for a variety of uses, along with access to a common courtyard for outdoor enjoyment. With large apartments, desirable amenities, and a high-demand location, this is an outstanding addition to any investment portfolio! One washer and dryer shared by the units. *All apartments are occupied. Boiler 2019. New Roof January 2026.

210 Western Avenue

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