Albany, NY 12206 · Albany County

This 391-square-foot commercial office space in Albany offers an affordable entry point for an owner-user or investor. Located on a compact lot with convenient access to major roadways and surrounding neighborhoods, the property provides flexibility for various business uses. Albany's capital city location connects you to a vibrant downtown with restaurants, museums, and cultural attractions, plus proximity to the Adirondacks and regional transportation corridors.
Great opportunity to own a commercial property in Albany at an affordable price point. This versatile space offers approximately 391 sq. ft. and provides flexibility for a variety of potential uses. Conveniently located with easy access to major roadways and surrounding neighborhoods. Ideal for an owner-user, small business, office, studio, or investor. Offered at $75,000. Bring your vision and explore the possibilities this property has to offer.
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.
Curious whether this home is priced right for the neighborhood?
Ask Sharon for the comps20 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 Albany 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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Albany is in Albany County, NY. There are currently 267 active listings here, ranging from $12,500 to $10,899,000. Priced 77% below the Albany median of $320,000.
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Venture Fox Realty Group LLC · Listed by James MacDonald (35116)
Contact: 518-894-9531
MLS #202626275 · 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 Albany roll · Albany school district · One Story Small Structure
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $55,000 | $57,292 | +4.2% |
| 2024 | $55,000 | $55,000 | +3.1% |
| 2023 | $37,800 | $53,367 | +12.6% |
| 2022 | $37,800 | $47,416 | +12.3% |
| 2021 | $37,800 | $42,235 |
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 2026-09-16. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.