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402 Broadway

Albany, NY 12207
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$750,000 $3,162/Mo
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Bed 4

Bed

Bath 5

Bath

SqFt3,796

Sqft

Acres0.03

Acre(Lot)

Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and mo re. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 77513045

MLS Id : 202615134

Beds : 4

Lot Size : 0.03 Acre

Living Area Size : 3,796

Year Built : 1880

County : Albany

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Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Interior Entry, Other

  • Flooring Information

    Laminate

  • Roofing Information

    Flat

  • Interior Features

    Other, Crown Molding Roof: Flat Laundry Features: Laundry Closet

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Other, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1880 Construction Materials: Brick Patio And Porch Features: None Private Pool: No View: City, Downtown

  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.03 Acres Lot Size Acres: 0.03 Lot Size Square Feet: 1306.8

  • Listing Price Information

    Listing Price: $750000

  • Tax Information

    Parcel Number: 010100 76.42-3-38 Tax Lot: 38.000 Tax Block: 3 Annual Tax: $5364.28

  • Parking Information

    Other

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Albany

  • Utility Information

    Sewer Connected

  • Location Information

    Direction: Broadway and Hudson Ave. Across the street from SUNY Building WaterSource: Public Security Features: Fire Sprinkler System, Other, Carbon Monoxide Detector(s)
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ByOwner last updated this listing 06/04/2026 @ 21:30

MLS: 202615134 LISTED BY: Jennery Pacheco, Miranda Real Estate Group Inc 518-356-1701 SOURCE: Global MLS

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