The median home value in Albany, NY is $250,000.
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 $250,000.
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.
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.
Why lease when you can OWN a first-floor medical condominium within the Mercycare Medical Complex Center, just steps from St. Peter's Hospital. The unit features a large waiting room, administrative center, three exam rooms, four large offices, and a final, larger exam room on the opposite wall. This condo can be touched up and utilized with the current setup or retrofitted after closing to fit your medical business needs. Call today for a private showing!
Bring your business ideas to this commercial space tucked away in a convenient South Colonie location. A fully functioning layout exists with a large common space, two restrooms, a kitchenette, and a large storage closet. The Open Concept provides for a clear cut picture for your own design or construction strategies. This is a good candidate for an office, teaching space, retail & more OR has potential to be converted to a single family! Large Parking Lot w/ room for 10+ cars. The seller will consider a lease. Call now w/ questions or to schedule a tour!
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.
This property is located off the very busy Central Ave and N Allen St intersection in Albany. The owner has made updates throughout the property such as: fresh paint, new flooring, updated bathrooms, new dry wall, and a finished basement. It is currently being used as a church but can easily be converted back to a restaurant. With plenty of parking that comes along with the property, there is also the available lots at 26 & 30 Willow St that can be sold together if more parking spaces are needed.
Great garage for someone who is looking for extra storage or space to work on projects or tear down and rebuild what you'd like conveniently located in Downtown Albany.
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!
Historic downtown office building. Fully renovated in the 1980's. Designed by Marcus Reynolds, currently on the NYS and Federal Historic Registry, which qualifies for up to 50% historic tax credits on new improvements. Also locate within the Economic Opportunity Zone. Very ornate and unique one-of-a-kind building in downtown Albany.
High Visibility: Benefit from high visibility and foot traffic along Central Ave, ensuring maximum exposure for your business.Flexible Layout: With a previously fit-up design for a hair/estheticians shop, the space can be easily adapted to suit various business needs. Whether you're considering a salon, boutique, office, or retail establishment, this property provides the ideal canvas for your vision.Convenient Access: Enjoy convenient access to major transportation routes and nearby amenities, making it effortless for clients and customers to reach your establishment.
Mixed use building in the heart of Pine Hills. First floor consists of a dry cleaners and has two- two bedroom apartments above. All tenants are up to date with rents.
Prime location on Central Ave in Colonie. Currently being used as a church 1312 Central Ave which was built in 1975. The Lots are Zoned NCOR. Neighboring property 1314 Central Ave recently listed creating possible development site. First floor sanctuary, common space, two office, and two bath rooms. Second floor has 2 bathrooms and 6 classrooms. Taxes are based on 50% o assessors opinion of total assessment
Great opportunity to bring this garage back to full potential. Endless possibilities. 3 Overhead Doors. Plenty of storage and space for tools/equipment.
Mixed use building for sale with a fully equipped Deli/Market on the first floor. All FF&E to be negotiated between buyer and seller. One bedroom apartment above deli currently vacant. Parking lot located at 260 Delaware Ave to be sold with 256 Delaware Ave.
Historical building with antique, original woodwork. 4 beautiful apartments with large windows and updated kitchens and baths. Home of Robert H Jackson 1911-1912 Albany law school student and US Supreme court Justice (1941-1951)the Amazing wok in the commercial space has been there 38 years and is a very successful business.POF/ Bank Preapproval required before a showing can be scheduled.
Endless possibilities!! Four unit office building perfect for a owner occupied small business with additional income, an income producing property, or could be converted to one large office building. Full basement which was used as office space at one time. Currently used and leased as storage. Large private parking lot with 34 private parking spaces.
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.
Rev up your dreams with this ready-to-operate mechanic shop, boasting all the essentials for immediate start-up, including a high-quality lift, advanced tire machine, and expansive toolboxes. But the perks don't stop at the workshop; attached is a modern, newly renovated studio apartment, offering the ultimate convenience of living at your workplace. This apartment isn't just a place to stay; it's a retreat where comfort meets convenience, ideal for unwinding after a day's work in the garage. Seize this incredible opportunity to own a fully-equipped business and enjoy a cozy living space in one seamless package. Don't let this unique chance for a comprehensive, turnkey solution slip through your fingers!
Iconic Landmark Downtown Albany Restaurant & Development Opportunity. Jack's Oyster House - Albany's Premier Fine Dining Destination for over 100 years. Turnkey 150-seat restaurant and banquet facility with fully equipped kitchen and liquor license that can be transferred to new owner. Located just steps from NYS Capitol Building in the heart of the Downtown Albany. Concept plans available for 7-unit residential conversion of upper floors.
Two well maintained buildings on two separate lots in a prime location of Central Ave Colonie. Currently being used as a church 1312 Central ave which was built in 1970. The retail store at 1306 Central ave was built in 2012. The Lots are Zoned NCOR. Neighboring property 1314 Central ave recently listed creating possible development site.
We have 2,320 sf of mixed-use property for sale in Albany NY for sale. The building is a mixed use with a 38-year-old coffee and luncheonette shop on the first floor and 2-bedroom apartment on the second floor. The first-floor business is included in the sale with all FF&E.
**BEING SOLD AS PACKAGE WITH 1314A CENTRAL AVENUE** Presenting an opportunity to acquire a strategically positioned package deal comprising two adjacent commercial buildings along the bustling Central Ave retail corridor. 1314 Central, currently occupied, the upstairs tenant is paying $1,400/month with rent increases to $1,800 in year 2 and $2,000/month in year 3. The lease is structured as a 1 year lease with two 1-year options. The downstairs tenant is paying $1,200/month with annual 2.5% rent increases. This is a 3 year lease ending in 2027. The property also holds potential for multi-family conversion.1314A Central is occupied by a reputable tattoo parlor tenant with a solid 15-year history, and basement is leased to a plumber with 5-year tenancy.
Location Location !! Attention Investors looking to start or add to your business portfolio this portfolio consisits of 1 Commerical property and 5 apartments this is a must see . Showing only for Prequalified buyers only send your prequalified letter to your Realtor before scheduling your appointment 383.5 Madison Ave have to be sold together as a package deal owner will not sell separate, Showing will start Dec 9, 2023 12pm to 4pm SOLD AS IS.