Watervliet, NY 12189 · Albany County

This 1,920-square-foot mixed-use property in Watervliet blends commercial and residential income potential on a compact lot in a walkable downtown location. The first floor has housed a florist for decades and accommodates professional services, retail, or office tenants; the second floor holds a one-bedroom apartment with living room and open kitchen. The 1920-built structure includes a full basement, off-street parking, and sits near transit, the Arsenal, dining, shopping, and highway access. Built-in flexibility makes it suited to owner-occupants or investors seeking diversified cash flow in one of Albany County's most affordable markets.
Mixed-use property in a high-traffic Watervliet location! For several decades, the first floor has operated as a florist and offers excellent potential for a law office, tax office, professional services, or a variety of other business uses--bring your imagination! The second floor features a spacious one-bedroom, one-bath apartment with a large living room and an open-concept eat-in kitchen. Additional highlights include off-street parking and convenient access to the bus line, Watervliet Arsenal, restaurants, shopping, and major highways. A unique opportunity for an owner-occupant, investor, or business owner!
The price signals we can read on this listing today. For a true sense of value against recent Watervliet sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the comps29 facts pulled straight from the MLS listing.
The price signals we can read on this listing today. For a true sense of value against recent Watervliet sales, Sharon will pull the comparable closings and walk you through them.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the compsTax estimated at the Albany County rate. Insurance and PMI are estimates. Sharon can connect you with a lender for real numbers.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Watervliet is in Albany County, NY. There are currently 25 active listings here, ranging from $35,000 to $798,000. Listings in this address fall under the Watervliet school district. Priced 6% below the Watervliet median of $239,900.
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Venture Fox Realty Group LLC · Listed by Christopher McCabe (22315)
Contact: 518-378-8756
MLS #202626384 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.





Every change captured by Global MLS since this listing went live.
Public assessment record for the Watervliet roll · Watervliet school district · Downtown Row Type (with common wall)
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $147,000 | $249,915 | +11.0% |
| 2024 | $147,000 | $225,149 | +6.4% |
| 2023 | $147,000 | $211,511 | +15.1% |
| 2022 | $147,000 | $183,750 | +8.7% |
| 2021 | $147,000 | $168,966 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-17. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.