Back to Search

Albany Duplex: Investor Special

402 2nd Street, Albany, NY 12206

View on Map

For Sale

$89,900

MULTI_FAMILY - Other - Albany, NY

Property size:

2,300 SF

Lot size:

0.07 Acres

Price / SF:

$39/SF

HighLights

Up‑and‑down duplex at 402 2nd Street in Albany, ready for extensive renovation
Separate units offer future rental income or owner‑occupant possibilities
Year built 1930 with wood siding exterior
Utilities include public water and public sewer
Natural gas heating
Includes multiple bedrooms and 2 bathrooms across the home

We can help!

Contact an agent

Jeury Lugo

For Sale

$89,900

MULTI_FAMILY - Other - Albany, NY

Property size:

2,300 SF

Lot size:

0.07 Acres

Price / SF:

$39/SF

Added:: May 19, 2026
Days on Market:: 49
Last Refresh:: Jul 6 at 11:06 am

Property Features for 402 2nd Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 2
Rooms: Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Basement: Unfinished
Standard status: Active
APN: 65.55-6-3
Size: 2,300 SF
Lot size: 0.07 Acres

Taxes and HOA fees

Tax Annual Amount: 491

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Water source: Public

Building Details

Year built: 1930
Number of units: 2
Building materials: Wood Siding
Architectural style: Other

We can help!

Contact an agent

Jeury Lugo

Listing agent Jeury Lugo License #10401347643

Listing office KW Platform 935 New Loudon Rd, Latham, NY

Listing date May 19, 2026

MLS# 202617576 Listing URL

HighLights

Up‑and‑down duplex at 402 2nd Street in Albany, ready for extensive renovation
Separate units offer future rental income or owner‑occupant possibilities
Year built 1930 with wood siding exterior
Utilities include public water and public sewer
Natural gas heating
Includes multiple bedrooms and 2 bathrooms across the home

Overview

Located in Albany, this up-and-down duplex at 402 2nd Street presents a value-add opportunity for investors, flippers, or contractors seeking a rehab project. The property, situated on a 0.07-acre lot, requires extensive renovation, including major interior and exterior updates, but offers upside potential once restored. The 2,300-square-foot property features a traditional duplex layout with separate units, providing future rental income or owner-occupant possibilities. It is conveniently located near downtown Albany, schools, parks, and major highways. This is a full rehab project.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Albany
County: Albany
State: New York
Longitude: -73.767606
Latitude: 42.666282

Nearby Similar for Sale

$1,700,000

5,400 SF

Iconic Albany Restaurant and Pub

A legacy business in Albany's vibrant entertainment district.

4 Clinton Square, Albany, NY 12207

View Details
$149,999

6,384 SF

Established Delicatessen Business For Sale

Turn-key delicatessen business with equipment and high traffic exposure.

718 Central Avenue, Albany, NY 12206

View Details
$1,500,000

16,420 SF

Automotive Service Business for Sale

Established heavy-duty truck suspension business offered with FF&E and inventory, alongside potential real estate options.

368 Central Avenue, Albany, NY 12206

View Details
$2,450,000

16,420 SF

Automotive Service and Workshop

For-sale package combining real estate with an established heavy-duty truck suspension service business.

368 Central Avenue, Albany, NY 12206

View Details
$498,000

4,800 SF

Light-Industrial Warehouse with Office

High-clearance warehouse with mezzanine and three overhead doors plus dedicated, fully conditioned office and administrative space.

1 Apollo Drive, Albany, NY 12205

View Details
$180,000

5,220 SF

Mixed-Use Auto Repair Property

Includes a functioning repair shop plus office and multiple garage/storage rental units under commercial zoning.

467 Jay Street, Albany, NY 12203

View Details
$799,000

7,728 SF

Albany Flex Industrial Building

7728 SF flex industrial building for contractors or distribution.

334 Ontario Street, Albany, NY 12208

View Details
$429,900

4,984 SF

Flexible Office Building with Gated Parking

Gated, asphalt-paved parking and an office-ready layout with multiple private rooms, reception, and conference space.

854 Madison Avenue, Albany, NY 12208

View Details
$449,900

3,300 SF

Mixed-Use Property in Center Square

Mixed-use property with commercial space and residential apartments in Albany.

418 Madison Avenue, Albany, NY 12210

View Details
$995,000

13,200 SF

Historic Church and Parish Hall

Historic Albany church and hall, ideal for gatherings and events.

820 Madison Avenue, Albany, NY 12208

View Details
$999,000

43,520 SF

Versatile Commercial Property on Central Avenue

Remarkable 43,520 sq ft commercial property with diverse spaces.

233 Central Avenue, Albany, NY 12206

View Details
$2,600,000

25,530 SF

Mixed-Use Building with Retail Frontage

Completely renovated income property with 14 apartments and a street-front retail space, plus unfinished basement storage and expansion space.

260 Washington Avenue, Albany, NY 12210

View Details

For sale
Duplexes
NY
Albany
12206
402 2nd Street

What type of property is this?

Duplex - Up-and-down duplex in Albany, a prime value-add opportunity.

Where is this duplex located?

The property is located at 402 2nd Street Albany, NY.

What is the asking price?

The asking price for this property is $89,900.

What are key features of this property?

This property features: Up‑and‑down duplex at 402 2nd Street in Albany, ready for extensive renovation; Separate units offer future rental income or owner‑occupant possibilities; Year built 1930 with wood siding exterior

402 2nd Street, Albany, NY 12206

MULTI_FAMILY - Other - Albany, NY

Property Features for 402 2nd Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Iconic Albany Restaurant and Pub

Established Delicatessen Business For Sale

Automotive Service Business for Sale

Automotive Service and Workshop

Light-Industrial Warehouse with Office

Mixed-Use Auto Repair Property

Albany Flex Industrial Building

Flexible Office Building with Gated Parking

Mixed-Use Property in Center Square

Historic Church and Parish Hall

Versatile Commercial Property on Central Avenue

Mixed-Use Building with Retail Frontage

FAQs