$639,900
Albany, NY 12210
MLS# 202623726
Status: Contingent - Continue to Show
5 beds
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
Status: Contingent - Continue to Show
Property Sub Type: Quadruplex
Original List Price: 639900
List Price: $639,900
Current Price: $639,900
Listing Contract Date: 2026-08-11
List Price/SqFt: 202.5
Location
Street Number: 197
Street Name: Lark
Street Suffix: Street
County: Albany
State/Province: NY
Postal Code: 12210
City/Town (Mail): Albany
Cross Street: Spring Street
Geo Lat: 42.656306
Geo Lon: -73.764111
Property Detail
Rooms Total: 14
Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
Year Built: 1880
Garage Spaces: 2
Above Grade Finished Area: 3160
Above Grade Finished Area Source: CRS
Below Grade Finished Area: 1200
Below Grade Finished Area Source: CRS
Living Area: 3160
Zoning: Mixed
Lot Size Dimensions: 20X82.9
Lot Size Acres: 0.04
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-17
Under Contract Date: 2026-08-14
Contingent: Contingent - Continue to Show
Proposed Closing Date: 2026-09-15
Financial Details
General Taxes: 4185
General Taxes Description: Actual
School Taxes: 5659
School Taxes Description: Actual
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 2nd
Full Bath 3: 3rd
Full Bath 4: 3rd
Half Bath 1: 1st
Photos - the contractual owner of the photos
Photo Owner: Photographer
Parking Features
Parking Total: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 2nd Fl R
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Detail
Total Bedrooms: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd Fl F
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3rd Fl
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 3
Total Full Baths MF Unit 3: 2
Unit 3 Detail
Total Bedrooms: 3
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1st Fl
Total Rooms MF Unit 4: 3
Total Half Baths MF Unit 4: 1
Property Features
Architectural Style: Traditional
Attic Features: None
Basement: Full; Interior Entry; Unfinished
Construction Materials: Brick
Exterior Features: Other
Flooring: Laminate; Wood
Foundation Details: Brick/Mortar
Heating: Hot Water
Levels: Tri-Level
Parking Features: Attached; Garage
Possession: At Closing; Subject To Tenant Rights
Roof: Rubber
Security Features: Fire Sprinkler System
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; No Sign; Restricted Days
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Internet
Window Features: Display Window(s); Skylight(s)
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
