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Three-Story Brick Income Property
For Sale
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Pending

41 SOUTH LAKE AV, Albany, NY 12203

Three-story brick income property with a rooftop viewing area and a basement apartment below street level.

Days on Market112

Property Features for 41 SOUTH LAKE AV

General Information

Standard status Pending
Property subtype Mixed Use

Amenities

rooftop viewing area

Building Details

Stories 3
Construction brick
Listing Agency: Coldwell Banker Prime Properties Niskayuna
Listed By: Bonnie L. Sindel · License #NY
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 30 at 11:17AM

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 Coldwell Banker Prime Properties Niskayuna

Investment Insights

Based on property information with market context.

This three-story brick residential income property features a special rooftop viewing area and significant hardwood finishes. The building includes a basement apartment below street level, along with additional residential units above.

The property is described as an easy walk to Albany Med. Showing requests require a COVID form to be completed and sent to LA2 prior to requesting a showing, with questions or offers directed through LA2 Jim McLoughlin.

Key Highlights

  • Three‑story brick income property with a rooftop viewing area overlooking the park
  • Hardwood floors throughout
  • Unique layout includes a basement below street level apartment

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Acupuncture Kitchen & Bath Showroom Real Estate Agency Carpet & Flooring Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

3,487
Businesses Nearby

Demographics for 12203, NY

28,210
Population
14,755
Households
1.9
Avg Household Size
38
Median Age
54%
College-Educated
95%
High-School Grad
10.4 sq mi
ZIP Area
2,713
Density / Sq Mi
$80,055
Median Household Income
$44,412
Median Earnings
$1,342
Median Rent
$258,800
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Albany, NY

$132 Jan
$128 Feb
$128 Mar
$133 Apr
$135 May
$126 Jun

Properties on Market for Residential income properties in Albany

Jan
Feb
Mar
Apr
May
Jun
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-story brick income property with a rooftop viewing area and a basement apartment below street level.
Where is this residential income property located?
The property is located at 41 SOUTH LAKE AV Albany, NY.
What are key features of this property?
This property features: Three‑story brick income property with a rooftop viewing area overlooking the park; Hardwood floors throughout; Unique layout includes a basement below street level apartment
More about this property
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