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Mixed-Use Property Across From Park
For Sale
$274,900
Pending

54 JAMES ST, Albany, NY 12207

Street-level commercial space is paired with an upstairs one-bedroom apartment leased through August 2026.

Property SizeContact for details
Days on Market175

Property Features for 54 JAMES ST

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Public Transit Yes
Office Units 1

Taxes and HOA fees

Annual Taxes $7,047

Amenities

Window Air Conditioning
3
Hardwood, Tile, Vinyl
Flat, Rubber
Parking.
On Street.
24.6 X 21.3

Building Details

Year Built 1910
Buildings 1
Tenancy Multi
Listing Agency: Kellie Kieley Realty LLC
Listed By: Brian Amaral · License #6506045951
Source: Xome
Added: Mar 10 Changed: Aug 31 Last Checked: Aug 31 at 1:10PM

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 Kellie Kieley Realty LLC

Investment Insights

Based on property information with market context.

54 James Street is a mixed-use property with commercial space at street level and a one-bedroom apartment above. The commercial portion is occupied by a tenant who may remain under a new lease, with the option to negotiate a business or equipment sale also noted. The upper apartment is leased through August 2026 and may alternatively function as office or live-work space. Window air conditioning and hardwood, tile, and vinyl finishes are present, while the roof was replaced in August 2020.

The property sits directly across from Tricentennial Park in downtown Albany, placing it near offices, restaurants, entertainment venues, public transit, and park events. On-street parking is available. Built in 1910, the property is offered as-is with showings by appointment.

Key Highlights

  • Street‑level commercial space with an upstairs one‑bedroom apartment
  • One‑bedroom apartment leased through August 2026
  • Directly across from Tricentennial Park in downtown Albany

Property Analytics

Current Use

Razolution Advertising Agency Hungry Bites Restaurant

Suggested Use

Top Pick Skin Care Clinic Butcher (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Catering 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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,355
Businesses Nearby

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space is paired with an upstairs one-bedroom apartment leased through August 2026.
Where is this mixed-use property located?
The property is located at 54 JAMES ST Albany, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Street‑level commercial space with an upstairs one‑bedroom apartment; One‑bedroom apartment leased through August 2026; Directly across from Tricentennial Park in downtown Albany
More about this property
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