The median home value in Albany, NY is $299,900.
This is
higher than
the county median home value of $239,750.
The national median home value is $308,980.
The average price of homes sold in Albany, NY is $299,900.
Approximately 34% of Albany homes are owned,
compared to 55% rented, while
11% are vacant.
Albany real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Albany real estate agent to arrange a tour today! Learn more about Albany.
1.96 Acres for development on Central Ave. next to the Colonie Fire Dept. Property currently has 3 buildings. Value is in the land for future development. Heavy traffic. Great for medical, office, retail, or any business looking for a couple acres in the heart of Colonie.
This 5,599 SF-one story office building located in Karner Woods Office complex is available now. Excellent location in office and retail Corridor on New Karner Road and minutes to Albany Airport, I-87 and Rt. 5 and 7. Space can be subdivided easily. Currently comprised of small and larger offices/conference room, kitchenette, 4 bathrooms, and open space, skylights in open area, courtyard on entrance approach, plenty of shared parking. Monthly management fee includes: lawn, window washing, landscape, trash, and snowplowing. Call now for more info or to schedule viewing!
Seize this rare opportunity to own 4 adjoining buildings. 7 apartments and 2 commercial spaces including ''Albany's Oldest Liquor License 'The Palais Royale. Scenes of the movie, The Good Mother (23) with Hillary Swank were shot here. The bar generates a solid income as do the apartments when fully rented. Included are the bar, liquor license and all supplies + a POS system, ATM, Dartboard, Pool Table, etc. 162 Jefferson St (2 units/4BR total) 164 Jefferson St is the FAMOUS Palais Royale Bar and apartment upstairs (1BR). 166 Jefferson St (2 units/2BR total) 168 Jefferson St (3 units) has 2 apartments upstairs (3BR total) and a 1,860 ft unit commercial space on the first floor which is currently the owners unit. This large unit features hardwoods, private bar and high ceilings.
Stunning piece of Albany history is now available and ready for your vision! This package of 124 and 126 S Swan St. offers a combination of office/residential space in a substantial footprint of square footage in Center Square and stone's throw from the Plaza. 126 S Swan is currently zoned Commercial for use as Office. 124 S Swan is currently zoned Commercial/Mixed Use. The first floor of 124 S Swan features stunning windows and natural light with nearly floor to ceiling windows in a mid-century style. The building continues up three more stories with a combination of office space and residential apartments. 126 S Swan was originally a single family home with the potential to be converted back. It currently features individual office spaces with one currently leased for another 18 months.
Welcome all to Downtown Albany! Strategic Location: Nestled in the bustling Downtown Albany, this property enjoys high foot traffic and visibility, making it an ideal destination for both locals and tourists alike. Versatile Layout: The flexible floor plan accommodates a variety of business concepts, with dedicated areas for retail, office space, and a turnkey restaurant setup. The layout has been meticulously designed to maximize its space usage . Restaurant Ready: The highlight of this commercial space is its fully equipped restaurant area. The kitchen boasts state-of-the-art appliances, ample prep space, and modern fixtures, providing an ideal foundation for culinary excellence. The dining area is thoughtfully laid out, creating an intimate yet spacious lay out . Upstairs is gutted out
**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.
Don't miss out on this opportunity for a 3,800+/- sqft retail building with 50' of frontage on busy Delaware Avenue. Located near staple neighborhood establishments such as Cardona's Market and Emack and Bolio Ice Cream, with AADT of 10,000 cars per day, this retail building is suitable for a variety of retail uses as well as redevelopment potential. Contact listing broker for showings and additional info.
This versatile property offers an unbeatable location! It is located on Central Ave. and provides exceptional visibility and accessibility. It is ideal for various types of business and features a variety of spaces that can accommodate retail, office, or living arrangements. With ample parking and proximity to major amenities, this property presents a unique opportunity for investors and business owners looking to capitalize on a prime Albany location. Schedule a showing today and don't miss out!
Great investment opportunity! Endless possibilities. Pizzeria on the very desirable Everett Road. Updates include (2) 1200 gallon grease traps, new electrical panel. This building has 30 parking spaces with ability to keep as pizzeria or change to office/retail. Tenant to remain (lease ends 10/24), owns FFE.
Beautiful Downtown Location, near Capital building, entire building was renovated in 2022. High end- finishes throughout. Ideal for owner user. Close to MVP Arena (Convention center). New revitalization coming to neighboring building and surrounding area. Turn Key 2 bedroom apartment on the second floor . Estimate rents $2000 Six car private parking in the back. Full basement. Turn-key Restaurant With great dining room. Employee restroom and Customer Restroom. full commercial kitchen, entertainment stages & tables. Unit 1 commercial space- 2022 SF Front door entry & Back door. 6 burner stove & commercial exhaust hood, Turn Key Operation! Contact list agent for appt scheduling. Financials available with NDA.
Attention investors and developers! A rare opportunity to acquire a unique portfolio of 4 properties located in one of the most heavily trafficked areas in the Capital District. 1357 Central Avenue: A well-established family appliance business since 1948, featuring a 2,400 sq. ft. warehouse - offers limitless potential for expansion or repurposing by a growing business. 1359 Central Avenue: Currently a single-family rental property, providing steady income with the potential for future redevelopment. 1361 Central Avenue: Previously a long-standing cemetery monument business, this property boasts a 1,600 sq. ft. storefront ideal for a variety of commercial uses. 3 Hacket Boulevard: A two-family rental property. All properties are zoned COR (Commercial Office Residential) along Central Ave.
Step into the charm of Fort Orange general store, where curated craftsmanship meets everyday essentials. From artisanal foods to locally crafted homewares and one-of-a-kind gifts, each item tells a story of quality and authenticity. Sale includes business and assumes the lease of space in 412 Broadway.
3 buildings Bld#1- 4,000 SF ,2,600 SF newly renovated office,1,400 SF warehouse with two 12x12 overhead doors, and exhaust system. building #2- 4,000 SF unheated warehouse with 2,400 SF mezzanine and small office with one 12x12 overhead door. 18ft ceilings, Building 3- 1,800 SF unheated warehouse with 600 SF mezzanine with one 12x12 overhead door 14ft ceilings. Please contact Rita Heffern for additional info 518-265-0536.
+/-16,632 SF mixed-use multi-tenant retail/office building on +/-1.79 acres. +/-65% occupied. Two parcels: 35 Fuller Rd & 10A Katherine St. Adjacent to brand new Stewart's Convenience Store. 3 minutes to UAlbany, 4 minutes to Colonie Center, 9 minutes to Albany International Airport. Easy Access to I-90. +/-45 vehicle on-site surface parking. Directly on Public bus route. 14,874 AADT. Town of Colonie COR zoning. Full Basement. Rubber roof replaced in 2019. Tremendous upside priced at only $54 PSF.
Mixed use commercial building located in a highly desirable area of City of Albany. Own a whole city block. Can be apartments, auto repair shop or any other kind of commercial business you can think of. Opportunity awaits your dream!!!
WHY RENT WHEN YOU CAN OWN! Welcome to 532 Delaware Avenue! Currently being used as a bakery,it's perfect for a Sandwich shop, Pizza Resturant, Office space, Retail space. Equipment included : Stain less steel hood system with fire suppression system, Commercial stove, Commercial Oven, hand wash sink mop sink & 3 bay sink, black fridge, glass door fridge (in Kitchen) kitchen wall shelvingBoasts approximately1134 sq. ft, with tons of additional storage in the basement and storage area (behind the main building) Fixtures include: convection oven, Vented stainless steel hood system, Fire suppression system, Updates include: newer furnace with central air, some newer windows, updated plumbing and electric, insulation, sheet-rock, flooring, handi-cap ramp to front door, newer water heater
Rare opportunity for a true turnkey investment. Enjoy the best of both worlds with this mixed-use building. The property consists of both residential and commercial space. The 2nd floor unit consists of 2-bedroom 1 bathroom residential apt which is currently leased through May 2025. The first-floor unit is a local tavern. Close to SUNY Albany downtown campus, Washington park and is conveniently located on the bus line. Great opportunity to add to any portfolio! The building is cash flow positive on day one with room to grow in the future. A block away from the new UAlbany downtown campus.
Looking to start or add to your business portfolio this property has 1 commerical space and 4 one bedroom apartment.This property could be a long term income money maker. Being Sold as is. 48 hours notice. Seller is open to reviewing any and all offers in a written contract. Sold as is.
Great investment/business opportunity consisting of 2 buildings - a commercial auto repair shop with an apt above, and a 2 bedroom, single family home next door. Long established and trusted repair business (23 years) w/1100+ client list included. Currently a one man operation with annual gross sales $180k - $240k. Garage has front office, one front bay, plus 2 additional bays with Mohawk lifts and tire machine in back. Income from 2nd floor apt ($750/month), and single family home next door ($1,500/month plus utils), both with long term tenants. Solar panels on garage roof and single family home offset business electric. Both roofs 2019. All on one deed. Bring your tools and start making money!
Explore an exciting opportunity to own Namu Korean BBQ, a beloved culinary gem nestled in the heart of the Capital Region. This vibrant restaurant offers an authentic dining experience with its tantalizing array of Korean BBQ specialties, attracting both loyal locals and curious food enthusiasts alike. With its prime location and established reputation for exceptional flavors and hospitality, Namu presents a promising investment for aspiring restaurateurs looking to make their mark in the thriving Albany dining scene. Don't miss your chance to step into this flavorful journey and make Namu Korean BBQ your own!
Rare opportunity to live and work and play in the Downtown Warehouse District of Albany. This property boasts a commercial 50x50 garage in front of a 2 story completely updated luxury house. Private living master suite, spacious 3 bedrooms including an office space & two full luxury bathrooms. 50x50 garage shop also includes a 2 post car lift,16 foot ceilings, chain trolley hoist, very bright LED lighting, professional ran shop air. pallet racking, welder plug, wash bay with built in drains, superb heating system throughout. Three huge power garage doors with a man door. All appliances included 2 washer and dryer sets top and bottom floor. Brand new A/C .Turn key needs nothing move in ready for many possibilities. Any persons dream who wants to own a business and live behind.
Vacant commercial space on ground level, perfect for store front, restaurant, or office. Six updated residential apartments on above three floors, featuring a mix of one and two-bedroom units. Each apartment is fully rented (year leases), all current and majority at market rent. Conveniently located near restaurants, state buildings, hotels, offices and key city attractions such as the MVP Arena and the Palace Theater. Perfect fit to establish a new business or expand your real estate portfolio. See MLS docs for more info.
Attention Investors ! Looking to start or add to your business porfolio fully rented with long term commerical lease already in place . All showing are 48 hrs notice with prequalified letter or proof of funding. Seller is open to reviewing any and all offers in a written contract. Sold as is.
Attention Investors ! Great to start or add to your business portfolio 3 Commerical space units Vacant now 2 Apartments vacant now. Ready for new owner to put tenants in place. Fresh start This is a must see. Cash deal only proof of funding 48 hrs notice, Sold as is.
