$750,000
Albany, NY 12207
MLS# 202615134
4 beds
1 / 35
Property Description
Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
Details
Maps
Documents
Contract Information
Original List Price: 750000
List Price/SqFt: 197.58
Status: Active
Property Sub Type: Quadruplex
List Price: $750,000
Current Price: $750,000
Listing Contract Date: 2026-04-15
Location
City/Town (Mail): Albany
Cross Street: Hudson Ave
Street Number: 402
Street Name: Broadway
County: Albany
State/Province: NY
Postal Code: 12207
Geo Lat: 42.648042
Geo Lon: -73.750932
Property Detail
Rooms Total: 12
Bathrooms Half: 1
Garage Spaces: 0
Above Grade Finished Area: 3796
Above Grade Finished Area Source: Plans
Parking Y/N: No
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 3796
Fireplaces Total: 0
Zoning: Commercial
Lot Size Acres: 0.03
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Green Features Y/N: No
Land Lease Y/N: No
Bedrooms Total: 4
Bathrooms Full: 4
Year Built: 1880
Parcel, Tax, HOA
Parcel Number: 010100 76.42-3-38
Tax Annual Amount: 5364.28
Tax Section: 76.42
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 38.000
School District: Albany
High School: Albany
Association Y/N: No
Directions & Remarks
Directions: Broadway and Hudson Ave. Across the street from SUNY Building
Public Remarks: Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
Sewer
Public Sewer: 1
Architectural Style
Other: 1
Electric
100 Amp Service: 1
Fencing
None: 1
Financial Details
General Taxes: 5364.28
General Taxes Description: Estimated
Attic Features
Other: 1
Cooling
Central Air: 1
Basement
Interior Entry: 1
Other: 1
Bath Levels
Full Bath 1: 2nd
Full Bath 2: 3rd
Full Bath 3: 3rd
Full Bath 4: 4th
Half Bath 1: 1st
Construction Materials
Brick: 1
Other Structures
None: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Exterior Features
None: 1
Flooring
Laminate: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
View
City: 1
Downtown: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Other: 1
Income And Expenses
Rental Income: 4250
Rental Income Description: Monthly
Total Income: 6000
Insurance Expense: 252.82
Insurance Expense Description: Actual
Water Sewer Expense: 30
Water Sewer Expense Desc.: Actual
Operating Expense: 951.68
Interior Features
Crown Molding: 1
Other: 1
Laundry Features
Laundry Closet: 1
Parking Features
Parking Total: 0
Other: 1
Patio And Porch Features
None: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Levels
Three Or More: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Sprinkler System: 1
Other: 1
Separate Utilities
Electric: 1
Heat: 1
Tenant Pays
Central Air: 1
Electricity: 1
Hot Water: 1
Internet: 1
Other: 1
Unit Information
Number Of Refrigerators: 3
Number Of Stoves: 3
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Occupant Type MF Unit 1: Vacant
Monthly Rent MF Unit 1: 1650
Rent Desc. MF Unit 1: Estimated
Total Rooms MF Unit 1: 3
Total Half Baths MF Unit 1: 1
Unit 1 Includes
Half Bath: 1
Other: 1
Unit 1 Owner Furnish Features
Sewer: 1
Trash: 1
Water: 1
Other: 1
Unit 1 Detail
Rent: 1650
Rent Description Unit 1: Estimated
Total Rooms Unit 1: 3
Total Half Baths: 1
Partial Baths 1st Floor: 1
Unit 1 Dining Room Type
None: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2
Occupant Type MF Unit 2: Tenant
Monthly Rent MF Unit 2: 1600
Rent Desc. MF Unit 2: Actual
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 2
Unit 2 Owner Furnish Features
Trash: 1
Water: 1
Other: 1
Unit 2 Detail
Rent: 1600
Rent Description Unit 2: Actual
Occupant Type Unit 2: Tenant
Total Rooms Unit 2: 4
Total Bedrooms: 2
Total Full Baths: 2
Unit 2 Includes
Bathroom: 1
Kitchen: 1
Living Room: 1
Other: 1
Refrigerator: 1
Stove: 1
Unit 2 Dining Room Type
Combined DR/LR: 1
Unit 2 Appliances
Convection Oven: 1
Other: 1
Refrigerator: 1
Oven: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 3
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1350
Rent Desc. MF Unit 3: Actual
Total Rooms MF Unit 3: 2
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Unit 3 Owner Furnish Features
Trash: 1
Water: 1
Other: 1
Unit 3 Includes
Bathroom: 1
Kitchen: 1
Other: 1
Refrigerator: 1
Storage: 1
Unit 3 Detail
Rent: 1350
Rent Description Unit 3: Actual
Occupant Type Unit 3: Tenant
Total Rooms Unit 3: 1
Total Bedrooms: 1
Total Full Baths: 1
Unit 3 Dining Room Type
Other: 1
Unit 3 Appliances
Convection Oven: 1
Other: 1
Refrigerator: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 4
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1300
Rent Desc. MF Unit 4: Actual
Total Rooms MF Unit 4: 1
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 4 Owner Furnish Features
Trash: 1
Water: 1
Other: 1
Unit 4 Includes
Bathroom: 1
Other: 1
Refrigerator: 1
Stove: 1
Unit 4 Detail
Rent: 1300
Rent Description Unit 4: Actual
Occupant Type Unit 4: Tenant
Total Rooms Unit 4: 1
Total Full Baths: 1
Unit 4 Dining Room Type
None: 1
Unit 4 Appliances
Convection Oven: 1
Other: 1
Refrigerator: 1
Oven: 1
Status Change Info
Status Change Date: 2026-04-15
Property Features
Architectural Style: Other
Attic Features: Other
Basement: Interior Entry; Other
Construction Materials: Brick
Cooling: Central Air
Electric: 100 Amp Service
Exterior Features: None
Fencing: None
Flooring: Laminate
Heating: Forced Air; Natural Gas; Other
Interior Features: Crown Molding; Other
Laundry Features: Laundry Closet
Levels: Three Or More
Other Structures: None
Owner Pays: Sewer; Trash Collection; Water
Parking Features: Other
Patio And Porch Features: None
Possession: At Closing
Roof: Flat
Security Features: Carbon Monoxide Detector(s); Fire Sprinkler System; Other
Separate Utilities: Electric; Heat
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany
Special Listing Conditions: Standard
Tenant Pays: Central Air; Electricity; Hot Water; Internet; Other
View: Downtown
Water Source: Public
Unit 1 Includes: Half Bath; Other
Unit 1 Owner Furnish Features: Sewer; Trash; Water; Other
Unit 1 Dining Room Type: None
Unit 2 Owner Furnish Features: Trash; Water; Other
Unit 2 Includes: Bathroom; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 2 Dining Room Type: Combined DR/LR
Unit 2 Appliances: Convection Oven; Other; Refrigerator; Oven
Unit 3 Owner Furnish Features: Trash; Water; Other
Unit 3 Includes: Bathroom; Kitchen; Other; Refrigerator; Storage
Unit 3 Dining Room Type: Other
Unit 3 Appliances: Convection Oven; Other; Refrigerator
Unit 4 Owner Furnish Features: Trash; Water; Other
Unit 4 Includes: Bathroom; Other; Refrigerator; Stove
Unit 4 Dining Room Type: None
Unit 4 Appliances: Convection Oven; Other; Refrigerator; Oven
School taxes 
Listing Courtesy of Miranda Real Estate Group Inc
Listing Agent: Jennery Pacheco
518-944-3944 | Jenneryp3@gmail.com
518-944-3944 | Jenneryp3@gmail.com
