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    Downtown Albany Mixed-Use Investment
    Updated: Mar 11
    Downtown Albany Mixed-Use Investment

    165 Madison Avenue, Albany, NY 12202

    $575,000
    3,272 sqft 0.10 AC lot
    165 Madison Ave, Albany mixed‑use building (2‑story) with approx. 3,272 sq ft brick construction; year built 1890
    Renovated in 2022; features include forced‑air natural gas heating and both window unit(s) and central air cooling
    First floor offers approx. 2,022 sq ft retail/dining space with full commercial kitchen, 6‑burner stove, and commercial exhaust hood
    Restaurant space includes dedicated employee and customer restrooms, a dining area with entertainment stage, plus front and rear entrances
    Second floor has a turn‑key 2‑bedroom apartment with estimated rent of $2,000/month for added income
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    This listing looks promising.

    Here's a quick look at some key insights for

    165 Madison Avenue, Albany, NY 12202

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $115K
      Nov 2008

    • Last Sold

      Nov 2008
      $199K

    • Property Type

      Store/Office (Mixed Use)
      Built 1890
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    Mixed-Use Building with Office and Apartment
    Updated: Jun 15
    Mixed-Use Building with Office and Apartment

    1032 Central Avenue, Albany, NY 12205

    $475,000
    1,721 sqft 0.31 AC lot
    Mixed‑use building on Central Ave with professional office space on the first floor and an apartment above
    Approximately 15 on‑site parking spaces
    Vacant upon closing: apartment and commercial space will be empty
    Brick construction with shingle roof; built in 1932
    Utilities: public water and public sewer
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    Victorian Townhouse in Center Square
    Victorian Townhouse in Center Square

    209 Lancaster Street, Albany, NY 12210

    $649,000
    3,750 sqft 0.05 AC lot

    Award-winning Victorian townhouse with potential for rental income.

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    Mixed-Use Retail and Apartment
    Mixed-Use Retail and Apartment

    54 James Street, Albany, NY 12207

    $274,900
    1,008 sqft 0.01 AC lot

    Two-story mixed-use building with street-level commercial space and a second-floor one-bedroom, delivered vacant for your use.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Albany, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Corner Property with Garage
    Mixed-Use Corner Property with Garage

    638 Main Street, Cairo, NY 12413

    $199,900
    3,143 sqft 0.48 AC lot

    Two-story residence plus a former auto body garage with a mechanic’s pit, offered vacant and requiring extensive repairs.

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    Mixed-Use Corner Property
    Mixed-Use Corner Property

    638 Main Street, Cairo, NY 12413

    $199,900
    3,143 sqft 0.48 AC lot

    Two-story residence plus an auto body garage commercial unit on a Greene County corner lot.

    View details
    Automotive Salvage Yard Land
    Automotive Salvage Yard Land

    503 Schauber Road, Ballston Lake, NY 12019

    $4,400,000
    9,155 sqft 21.48 AC lot

    Licensed salvage yard operation offered with multiple parcels, buildings, and heavy equipment plus included rental homes.

    View details
    Development Land with Highway Frontage
    Development Land with Highway Frontage

    4 Connolly Road, Ballston Lake, NY 12019

    $450,000
    7.43 AC lot

    Tenant-occupied land offering flexible residential, agricultural, or mixed-use options subject to approvals, with frontage for visibility.

    View details

    Albany, NY Single Family Properties Market Trends and Statistics

    Explore 4 single family properties for sale in Albany, NY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,751 square feet of properties for sale, with an estimated market value of $1,973,900.

    Sale prices for single family properties in Albany, NY start at $274,900, averaging $493,475, and reaching up to $649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 154
    Duplexes 100
    Triplexes 22
    Apartment buildings 21
    Quadplexes 7

    Demographics Overview

    Population 155K
    Population Growth (5Y) +6.9%
    Median Household Income $76,899
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12207 $274.9K
    12205 $475K
    12202 $575K
    12210 $649K

    Listings Trend

    New vs delisted commercial listings in Albany County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Albany County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Albany fall within the 100,000+ square foot range.

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    Popular Searches in Albany, NY

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    Most Searched ZIP Codes in Albany, NY

    • 12202
    • 12205
    • 12207
    • 12210

    Featured Albany Real Estate Agencies

    Realmo connects you with licensed Albany CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    CBRE Albany
    Albany, NY 12203
    www.cbre.us/people-and-offices/affiliate-offices/albany
    Vanguard-Fine LLC
    Albany, NY 12203
    www.vanguardfine.com
    Standard Brokerage Company
    Albany, NY 12203
    standardbrokerageco.com

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