$290,000
Albany, NY 12202
MLS# 202622868

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Property Description
This three-story brick mixed-use building features a vacant commercial storefront & 2 occupied apartments, 2nd fl. rented at $1,500/month 3rd fl. has a long-term tenant paying $1,250/month. Estimated gross annual rental income is approximately $60,000. The roof has been professionally silicone-coated, providing an estimated 15-20 years of added protection.. This mixed-use property presents a strong opportunity for consistent cash flow and long-term investment growth. The roof has been professionally silicone-coated as part of routine maintenance, offering an estimated 15-20 years of added protection. All previous laundry plumbing is still present, it just has been capped.
Details
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Contract Information
Status: Active
Property Sub Type: Mixed Use
Original List Price: 299000
List Price: $290,000
Listing Contract Date: 2026-07-29
Current Price: $290,000
List Price/SqFt: 48.8
List Price/Acres: 5800000
Location
Street Number: 151
Street Direction Prefix: S
Street Name: Pearl
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12202
City/Town (Mail): Albany
Cross Street: Madison ave
Geo Lat: 42.882482
Geo Lon: -77.287618
Property Detail
Year Built: 1890
Stories: 3
Number Of Buildings: 1
Lot Size Square Feet: 2300
Zoning: Mixed
Lot Size Dimensions: 23.4X100
Lot Size Acres: 0.05
Building Available SQFT: 5207
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Financial Details
General Taxes: 3301
General Taxes Description: Actual
School Taxes: 3713
School Taxes Description: Estimated
Building Detail
Retail Total SQFT: 1711
Photos - the contractual owner of the photos
Photo Owner: Broker
Status Change Info
Status Change Date: 2026-07-29
Property Features
Architectural Style: Mixed Use; Multiple Dwelling Unit
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: Wall Unit(s)
Flooring: Carpet; Vinyl
Heating: Baseboard; Radiant
Parking Features: On Street; Public Parking
Possession: At Closing
Possible Use: Business; Mixed; Office; Office/Retail; Office/Warehouse; Restaurant; Retail; Shopping Center; Fitness/Gym; Laundromat; Self-Storage Facility; Subdividable
Roof: Flat
Sale Includes: Building Only
Security Features: Carbon Monoxide Detector(s); Fire Alarm
Sewer: Public Sewer
Showing Requirements: Lockbox
Tenant Pays: Cable TV; Electricity; Gas; Snow Removal
Water Source: Public
Listing Courtesy of Realty One Group Key
Listing Agent: Medaiszjah Sims
518-417-0397 | closingwithdai@gmail.com
518-417-0397 | closingwithdai@gmail.com


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