Albany, NY 12210 · Albany County

This mixed-use property in downtown Albany spans 6,337 square feet on a 0.29-acre corner lot at Henry Johnson Boulevard and Second Street. Eight one-bedroom residential units and ground-floor commercial space are currently fully leased with recent updates throughout; the roof was replaced in 2024. The building generates income while offering proximity to major employers, hospitals, universities, state offices, and Albany's dining and retail districts, with ample parking and potential for development expansion on the site.
+/- 6,337 SF Cash flowing mixed-use asset in downtown Albany. The property includes eight 1-bedroom units and a ground floor commercial space. Property is fully leased and all units are recently updated. Roof was replaced in 2024. Prominent corner location at the intersection of Henry Johnson Blvd & Second Street. Close proximity to Downtown Albany, major employers, hospitals, universities, state government offices, and dining and shopping amenities. +/- 0.29 acre lot includes ample parking and possibility for additional development. Potential value-add through increasing below market rents.
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Albany is in Albany County, NY. There are currently 254 active listings here, ranging from $12,500 to $10,899,000. Priced 306% above the Albany median of $320,000.
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Carrow Real Estate Services LLC · Listed by Kyle J Bradley (34097)
Contact: 845-325-1568
MLS #202624646 · Source: Global MLS, Inc.
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Activity across 2 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.