$759,900
Albany, NY 12210
MLS# 202523508
5 baths | 4360 sqft
1 / 51
Property Description
Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.
Details
Maps
Contract Information
Original List Price: 759900
List Price/SqFt: 174.29
List Price/Acres: 18997500
Status: Active
Property Sub Type: Mixed Use
List Price: $759,900
Listing Contract Date: 2025-08-07
Current Price: $759,900
Location
Postal Code +4: 1377
City/Town (Mail): Albany
Cross Street: Spring Street
Street Number: 197
Street Name: Lark
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
Geo Lat: 42.656306
Geo Lon: -73.764111
Property Detail
Stories: 3
Number Of Buildings: 1
Parking Y/N: Yes
Lot Size Square Feet: 1640
Zoning: Mixed
Lot Size Dimensions: 20X82.9
Lot Size Acres: 0.04
Building Area Total: 4360
Building Available SQFT: 3160
Main Road Frontage: 20
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Year Built: 1880
Bathrooms Total: 5
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 65.80-3-24
Tax Annual Amount: 9844
Tax Section: 65.80
Total Taxes Description: Actual
Tax Block: 3
Tax Lot: 24.00
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: From 787 North or South, take Exit 3A/Empire State Plaza. Right onto S Swan, Left onto Washington. Left on Lark. Property is on the corner of Lark and Spring between The Larkin and NoHo Pizza.
Public Remarks: Prime mixed-use building in Albany's vibrant Center Square neighborhood. Over 3,100 sq ft with a street-level commercial space (rented at $2,200/mo) approved for a variety of uses. Existing equipment provides a great starting point for food service operation. Three well-maintained residential units above generate $3,350/mo. One unit is a 1BR facing Lark St; another offers skyline views and private rooftop access. The top-floor unit features 3 bedrooms, 2 full baths, and in-unit laundry. Rare 2-car garage off Spring St for parking or deliveries. Gross annual income of $66,600. Steps from shops, restaurants, and Washington Park. Whether you're looking to expand your investment portfolio or establish a business in a high-visibility, high-foot-traffic location, this one is worth exploring.
Sewer
Public Sewer: 1
Current Use
Investment: 1
Mixed Use: 1
Multi-Family: 1
Retail: 1
Architectural Style
Mixed Use: 1
Financial Details
General Taxes: 4185
General Taxes Description: Actual
School Taxes: 5659
School Taxes Description: Actual
Cooling
Wall Unit(s): 1
Basement
Full: 1
Interior Entry: 1
Unfinished: 1
Lot Features
Road Frontage: 1
Views: 1
Building Detail
Fire Sprinkler System Y/N: Yes
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Subject To Tenant Rights: 1
Business Type
Mixed: 1
Flooring
Hardwood: 1
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
No Sign: 1
Restricted Days: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Hot Water: 1
Interior Features
Walk-In Closet(s): 1
Parking Features
Parking Total: 2
Attached: 1
Garage Door Opener: 1
Off Street: 1
Possible Use
Office: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Convenience Store: 1
House of Worship: 1
Multi-Family: 1
Sale Includes
Building Only: 1
Security Features
Fire Sprinkler System: 1
Tenant Pays
Electricity: 1
Internet: 1
Status Change Info
Status Change Date: 2025-08-08
Property Features
Architectural Style: Mixed Use
Basement: Full; Interior Entry; Unfinished
Construction Materials: Brick
Cooling: Wall Unit(s)
Current Use: Investment; Mixed Use; Multi-Family; Retail
Business Type: Mixed
Flooring: Hardwood; Laminate
Heating: Hot Water
Interior Features: Walk-In Closet(s)
Lot Features: Road Frontage; Views
Parking Features: Attached; Garage Door Opener; Off Street
Possession: At Closing; Subject To Tenant Rights
Possible Use: Office; Office/Retail; Restaurant; Retail; Convenience Store; House of Worship; Multi-Family
Roof: Rubber
Sale Includes: Building Only
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; No Sign; Restricted Days
Special Listing Conditions: Standard
Tenant Pays: Electricity; Internet
Water Source: Public
Listing Courtesy of Coldwell Banker Prime Properties
Listing Agent: Amanda Penrose
518-760-1050 | amandapenrose518@gmail.com
518-760-1050 | amandapenrose518@gmail.com
