The median home value in Albany, NY is $286,000.
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 $286,000.
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.
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!!!
+/-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.
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!
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
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. *Business Only*
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.
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!
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.
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!
+/- 2,052 Fully lease mixed-use building in downtown Albany. First floor currently leased by Ben & Jerry's. Second floor is a 2 bedroom apartment with additional loft. Located steps from Washington Park & Albany Medical Center. Access to numerous restaurants, shopping, & other surrounding amenities. Opportunity to increase revenue by increasing below market rents.
The Better Bite - Albany. Turnkey restaurant opportunity located at One Commerce Plaza in the heart of downtown Albany just steps to the NYS Capitol. Established in 2006, Seller is looking to retire and pass this incredible opportunity on to the next lucky operator. Fully equipped kitchen and staff of 10. Seller will train new owner. Grossed over $1M in 2023 and was only open M-F 8AM to 3PM with tremendous upside to increase sales even further.
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. 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.
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.
The former St. Joseph's Church is a historic re-development opportunity in a top market urban core.City owned property; recent re-zoning and now listing demonstrates willingness on the part of the city to welcome development.Beautiful historic property recently stabilized by municipal authorities.2-minute drive to Palace Theater, Capital Rep Theater, Upstate Concert Hall, Riverfront Park, all of downtown Albany and State government buildings.High potential for federal and state funding, including Historic tax credits, Downtown Revitalization Initiative (DRI), Community and Development Block Grant (CDBG) funding.See private remarks for permitted and conditional uses in MU-NE zone.
Fantastic commercial opportunity for a drive thru restaurant plus additional space for possible other uses - all on over an acre with 44 parking spots. Available for Ground Lease for $20/SQFT +++ | Build to Suit! There is recently expired approval for up to 8600 SQFT building with a drive thru in the middle of the action. Other uses could be for a Price Chopper, Supermarket, Golden Coral, Rite Aid, Aldi, Dollar General, Walgreens, etc. It should be fairly easy to get new approvals. See existing site plan that recently expired.
Investors and entrepreneurs take a look at this prime commercial and residential space in an easily accessible location! Excellent high traffic area with consistent tenants. Units updated, parking available to rent.
188 Washington Ave and 35 Spring St. are being sold as a package. 35 Spring St. is a modernized duplex offering 2 BR/1 BA carriage style apartments with washers/dryers, loft storage, balconies and garage options. 188 Washington offers 3 offices in the lower level with separate entry and 3 baths. The main level offers 4 grand office spaces, a full kitchen. and a wrap around all season room. Upstairs offers 7 offices/rooms, a full bath and half bath. There are 5 Garage Bays and 10 off street parking spots. The garage bays rent for about $300 monthly each and the parking spots $180 each monthly. All windows have been replaced. Newer Roof. Newer Boiler and 2 zone Central Air. All new plumbing, sewer lines replaced. Incredible investment opportunity in a convenient Albany location!
Welcome to 136 Madison Avenue, where history meets opportunity. This iconic brick building was once home to the beloved Italian restaurant, V&R, steeped in a rich legacy. The versatile layout offers ample potential: the spacious first floor beckons for culinary endeavors or adaptation to your unique vision. Second floor, a flexible space awaits, suitable for retail, events, or integration with the ground floor venture. Ascend to the third floor to discover a generously sized 4-bedroom apartment. Nestled in lower Madison, this property stands to gain from the ongoing south end redevelopment initiative, evidenced by recent investments like Hattie's move just across the street.
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
+/-25,085 SF multi-tenant office / retail building on +/-3.1 acres located across from Pioneer Bank, Cumberland Farms, and Ace Hardware at signalized intersection just seconds from Crossgates Mall, Stuyvesant Plaza, and the University at Albany. 32,185 AADT. 18' clear ceiling height. Fully sprinklered. Municipal water & sewer. 113 on-site parking spaces (4.5 spaces per 1,000 SF). Originally constructed in 1972 as a grocery store and gut renovated and converted to multi-tenant office in 2006.
Opportunity awaits to have this stunning brick building in the heart of downtown Albany!!! Over 5500 square feet of space. Beautiful woodworking, grand staircase and light fixtures, 1/2 bath on each level, all 3 levels have private office spaces and nice conference areas for endless opportunities. Walking distance from the Arena, restaurants and state buildings. Private parking behind the building.
