$199,999
Albany, NY 12206
MLS# 202612292
Status: Pending
2 beds
1 / 15
Property Description
Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.
Details
Maps
Contract Information
Status: Pending
Property Sub Type: Duplex
Original List Price: 250000
List Price: $199,999
Current Price: $199,999
Listing Contract Date: 2026-02-21
List Price/SqFt: 103.95
Location
Street Number: 497
Street Name: Washington
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12206
City/Town (Mail): Albany
Geo Lat: 42.663516
Geo Lon: -73.774265
Property Detail
Rooms Total: 4
Bedrooms Total: 2
Bathrooms Full: 1
Year Built: 1910
Above Grade Finished Area: 1924
Above Grade Finished Area Source: Public Records
Below Grade Finished Area Source: Public Records
Living Area: 1924
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: Yes
Status Change Info
Status Change Date: 2026-08-14
Under Contract Date: 2026-08-14
Proposed Closing Date: 2026-09-04
Bath Levels
Full Bath 1: 2nd
Photos - the contractual owner of the photos
Photo Owner: Combination Ownership
Parking Features
Parking Total: 1
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st floo
Total Rooms MF Unit 1: 1
Total Half Baths MF Unit 1: 2
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd floo
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Unit 2 Detail
Total Bedrooms: 2
Property Features
Architectural Style: Other
Attic Features: Hatch
Basement: Unfinished
Construction Materials: Aluminum Siding; Brick
Cooling: None
Exterior Features: None
Heating: Natural Gas
Possession: At Closing
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Lockbox
Special Listing Conditions: Standard
Water Source: Public
Listing Courtesy of HS Capital Realty LLC
Listing Agent: Elizabeth Koprucki
518-795-7016 | emkoprucki@gmail.com
518-795-7016 | emkoprucki@gmail.com
