Sharon FronkRealtor® · Howard Hanna
LoadingAlbany, NY 12201 · Albany County
This is a mixed use triplex at 204 Lancaster Street in Albany, within the Albany school district, about 4,123 square feet built in 1930. The remarks describe a ground floor retail space currently run as a tailor shop, with two residential apartments above. The listing cites recent capital improvements totaling over $25,000, including a commercial central air system, a rubber roof, and a new hot water tank. Tailor inventory can be purchased separately or included. There is no HOA, priced at $649,000.
Mixed-Use Opportunity in Historic Albany! Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. The property has seen significant recent capital improvements totaling over $25,000, including a new commercial central air conditioning system, a new rubber roof, and a brand new hot water tank -- providing buyers with peace of mind and minimal near-term capital expenditure requirements. A unique opportunity to own a versatile, well-maintained building in one of Albany's established corridors. Tailor inventory can be purchased separately or included with the sale of the property.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
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Albany is in Albany County, NY. There are currently 209 active listings here, ranging from $15,600 to $8,000,000. Listings in this address fall under the Albany school district. Priced 116% above the Albany median of $299,900.
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Hanna Commercial · Listed by Philip Sabatino (30909)
Contact: 518-376-2717
MLS #202612819 · Source: Global MLS, Inc.
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Licensed Real Estate Salesperson · Howard Hanna
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Activity across 2 MLS listings of this property.
Real numbers from current MLS data. Not a third-party estimate.
