Sharon FronkRealtor® · Howard Hanna
LoadingActive
$150,000 price cut · was $2,600,000
$2,450,000
260 Washington Avenue
Albany, NY 12210 · Albany County
25,530Sq Ft
0.22 acresLot Size
1920Year Built
$96Per Sq Ft
Est. P&I $12,389/moGet pre-qualified
Commercial 90 days on market
MLS# 202619191 Updated 1 week ago
Sharon’s Take
This 25,530-square-foot mixed-use building in downtown Albany was comprehensively renovated eleven years ago and currently operates as a fully leased income property. The structure contains fourteen apartments, each with hardwood floors, granite countertops, dishwashers, and individual heating and cooling systems, plus ground-floor retail space with Washington Avenue frontage. Tenants benefit from a shared lounge and gym, secure lobby with intercom and security system, accessible second-floor lift, and ample storage throughout. The unfinished basement offers additional development potential, and an assumable Freddie Mac mortgage carries favorable terms through December 2029. Albany's capital-city location provides proximity to dining, cultural institutions, and regional recreation.
Sharon Fronk · Howard Hanna Capital Region
About this property
Rare find! Completely renovated 11 years ago, this incredible building is fully rented and features 14 luxury apartments all with their own unique architectural details, and one large retail space with frontage on Washington Avenue, plus a large unfinished basement with even more investment potential. All apartments have hardwood floors, granite, dishwashers, private laundry, their own gas furnace and central air, hot water heater and electric panel. Large storage rooms for tenants both up and down. Shared lounge or gym space. Accessible lift to second floor. Secure entrances and lobby with intercom & updated security system. Potential rentable basement space up to fire code. Extremely attractive assumable Freddie Mac mortgage available until Dec. 31, 2029. Inquire for more details.
Is it priced right?
The price signals we can read on this listing today. For a true sense of value against recent Albany sales, Sharon will pull the comparable closings and walk you through them.
Price per sq ft
$96
Days on market
90
Price reduced
$150,000
from $2,600,000
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Ask Sharon for the compsProperty details
34 facts pulled straight from the MLS listing.
Overview
Property TypeCommercial
Sub-TypeMixed Use
Year Built1920
Days on Market90
StatusActive
MLS Number202619191
ListedJune 9, 2026
ZoningMixed
Interior
Living Area25,530 sq ft
Heating
Forced AirNatural Gas
Cooling
Central Air
Flooring
TileVinylHardwood
Basement
Interior EntryPartialUnfinished
Interior Features
Partial Unfinished Interior Entry BasementHigh Speed InternetPaddle FanVaulted Ceiling(s)Walk-In Closet(s)Cathedral Ceiling(s)Ceramic Tile Bath
Exterior & Lot
Lot Size0.22 acres
Lot Features
Level
Parking
On Street
Exterior Features
On Street
Building & Construction
Architectural Style
Multiple Dwelling UnitCommercial
Construction
Brick
Roof
Rubber
Sewer
Public Sewer
Water Source
Public
Financial
List Price$2,450,000
Price per Sq Ft$96
Assessed Value$1,900,000
Original List Price$2,600,000
Listing Terms
Assumable
Special Conditions
Standard
Est. Monthly P&I$12,389/mo
Location
CountyAlbany
Listing Details
Listed ByJudith Gabler of Gabler Realty LLC
Data SourceSpark Platform / Global MLS
Last UpdatedAug 26, 2026
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- Start260 Washington Avenue, Albany, NY 12210
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About Albany, NY
Albany is in Albany County, NY. There are currently 253 active listings here, ranging from $12,500 to $10,899,000. Priced 654% above the Albany median of $325,000.
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Sharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Gabler Realty LLC · Listed by Judith Gabler (23508)
Contact: 518-727-5653
MLS #202619191 · Source: Global MLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Sharon Fronk Real Estate is committed to compliance with the Fair Housing Act and provides equal opportunity in housing.