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Mixed-Use Triplex with Retail
For Sale
Contact for pricing
Pending

278 Lark St, Albany, NY 12210

Triplex with lower-level commercial space and two two-bedroom units, each on separate utilities with month-to-month tenants.

Property SizeContact for details
Days on Market112

Property Features for 278 Lark St

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Stories 3
Tenancy Multi
Listing Agency: RE/MAX Capital
Listed By: Douglas Schenk · License #NY 30SC0782781
Source: Crexi
Added: Apr 23 Changed: Aug 8 Last Checked: Aug 9 at 3:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Capital

Investment Insights

Based on property information with market context.

This mixed-use triplex includes a lower-level commercial space with the first and second floors configured as two two-bedroom units. Current tenants are on month-to-month arrangements, and each unit has separate utilities. The property is supported by 3 boilers and water heaters.

Located on a bus line and close to the State Capital and State offices, the building sits within Albany’s downtown retail and dining area. Public remarks also indicate proximity to major roadways including 787, I-90, and I-87.

For buyers seeking a straightforward rental configuration with an on-site commercial component, the unit layout offers distinct space types within one building and separate utility setups across the residential units.

Key Highlights

  • Triplex with lower‑level commercial space plus two 2‑bedroom units
  • 1st and 2nd floors used as two separate 2‑bedroom units
  • Month‑to‑month tenants in place

Property Analytics

Current Use

Lark Street Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Furniture & Home Goods Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Home Appliance Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

4,281
Businesses Nearby

Demographics for 12210, NY

10,559
Population
6,580
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
9,599
Density / Sq Mi
$55,873
Median Household Income
$35,439
Median Earnings
$1,110
Median Rent
$217,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with lower-level commercial space and two two-bedroom units, each on separate utilities with month-to-month tenants.
Where is this triplex located?
The property is located at 278 Lark St Albany, NY.
What are key features of this property?
This property features: Triplex with lower‑level commercial space plus two 2‑bedroom units; 1st and 2nd floors used as two separate 2‑bedroom units; Month‑to‑month tenants in place
(518) 221-2949 Call to check price and availability
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